Huntington Ingalls Industries (HII) Expands its Shipbuilding Capacity

Huntington Ingalls Industries, Inc. (NYSE:HII) is one of the Undervalued Aerospace Stocks to Buy Now. On September 11, Huntington Ingalls Industries, Inc. (NYSE:HII) announced that it is expanding its shipbuilding capacity by partnering with shipyards and fabricators across several states.

This strategic move aims to meet the growing demand for ships from the US Navy. Management noted that by spreading work to more companies in different locations, the company aims to improve its overall production speed and schedule reliability.

Huntington Ingalls Industries, Inc. (NYSE:HII) has already doubled its outsourced work hours in 2025 and plans to quadruple them within two years. Moreover, hiring has also increased, whereas employee attrition has decreased, and expertise is building up.

Huntington Ingalls Industries, Inc. (NYSE:HII) builds and services defense ships for the US Navy and Coast Guard. It constructs non-nuclear ships, nuclear-powered aircraft carriers, and submarines.​

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Disclosure: None. This article is originally published at Insider Monkey.