HII's Ingalls Shipbuilding authenticated the keel for USS Philadelphia (LPD 32), a new amphibious transport dock ship.
Quiver AI Summary
HII's Ingalls Shipbuilding division marked a significant milestone on March 3, 2026, by authenticating the keel for the USS Philadelphia (LPD 32), a Flight II San Antonio-class amphibious transport dock ship. The ceremony featured ship sponsor Maureen Paparo, who expressed her pride in the connection to her hometown, alongside key figures including Adm. Samuel Paparo and HII executives. Ingalls President Brian Blanchette highlighted the dedication of the shipbuilders in creating a vessel that will support sailors and Marines, while Maureen Paparo acknowledged the importance of the moment for the Navy and Marine Corps. The USS Philadelphia is part of a series designed to enhance the Navy's capabilities for various operations, contributing to its expeditionary force.
Potential Positives
- Ingalls Shipbuilding authenticated the keel of the future USS Philadelphia (LPD 32), marking a significant milestone in the construction of this important naval vessel.
- The ceremony included key military figures and leadership from HII, enhancing the company's visibility and reputation in the defense sector.
- The USS Philadelphia will be one of three Flight II San Antonio-class ships currently under construction, reflecting HII's ongoing commitment to modernize the U.S. Navy's fleet and support critical military operations.
- HII's role as the sole builder of San Antonio-class ships underlines its position as a leader in naval shipbuilding and its capability to meet the needs of the U.S. Navy.
Potential Negatives
- None
FAQ
What is the USS Philadelphia (LPD 32)?
The USS Philadelphia (LPD 32) is a Flight II San Antonio-class amphibious transport dock ship currently under construction.
Who sponsored the USS Philadelphia keel authentication ceremony?
Maureen Paparo, a Philadelphia native, served as the ship sponsor during the keel authentication ceremony.
What are the main missions of USS Philadelphia?
The USS Philadelphia will support Marine and Navy operations, including humanitarian aid, disaster relief, and military missions.
How many San Antonio-class ships has Ingalls Shipbuilding delivered?
Ingalls Shipbuilding has delivered 13 LPDs of the San Antonio-class to the U.S. Navy to date.
What significance does the keel authentication hold?
The keel authentication symbolizes the official start of construction and is a long-standing naval tradition.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HII Insider Trading Activity
$HII insiders have traded $HII stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- CHRISTOPHER D KASTNER (Director, President & CEO) sold 15,000 shares for an estimated $4,815,900
- VICTORIA D HARKER sold 1,000 shares for an estimated $316,605
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 850 shares for an estimated $268,124
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 786 shares for an estimated $247,215
- NICOLAS G SCHUCK (Corp VP, Controller & CAO) sold 465 shares for an estimated $146,389
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HII Revenue
$HII had revenues of $3.5B in Q4 2025. This is an increase of 15.71% from the same period in the prior year.
You can track HII financials on Quiver Quantitative's HII stock page.
$HII Hedge Fund Activity
We have seen 417 institutional investors add shares of $HII stock to their portfolio, and 370 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,981,424 shares (+38526.6%) to their portfolio in Q4 2025, for an estimated $673,822,859
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 665,285 shares (-74.3%) from their portfolio in Q4 2025, for an estimated $226,243,469
- AQR CAPITAL MANAGEMENT LLC added 498,690 shares (+85.0%) to their portfolio in Q4 2025, for an estimated $169,589,508
- VAN ECK ASSOCIATES CORP added 400,428 shares (+32.1%) to their portfolio in Q4 2025, for an estimated $136,173,549
- MAVERICK CAPITAL LTD removed 386,533 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $111,286,716
- ROKOS CAPITAL MANAGEMENT LLP removed 363,824 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $123,725,627
- MARSHALL WACE, LLP added 300,740 shares (+588.1%) to their portfolio in Q4 2025, for an estimated $102,272,651
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 01/20/2026
- Citigroup issued a "Buy" rating on 01/13/2026
- TD Cowen issued a "Buy" rating on 10/31/2025
To track analyst ratings and price targets for $HII, check out Quiver Quantitative's $HII forecast page.
$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 5 analysts offer price targets for $HII in the last 6 months, with a median target of $400.0.
Here are some recent targets:
- Ronald Epstein from B of A Securities set a target price of $400.0 on 02/12/2026
- John Godyn from Citigroup set a target price of $465.0 on 02/10/2026
- Noah Poponak from Goldman Sachs set a target price of $425.0 on 01/20/2026
- Seth Seifman from JP Morgan set a target price of $342.0 on 11/03/2025
- Gautam Khanna from TD Cowen set a target price of $350.0 on 10/31/2025
Full Release
PASCAGOULA, Miss., March 03, 2026 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division authenticated the keel today for the future USS Philadelphia (LPD 32), a Flight II San Antonio -class amphibious transport dock ship.
The ceremony included ship sponsor Maureen Paparo, a Philadelphia native, who was joined by her spouse, Adm. Samuel Paparo, commander U.S. Indo-Pacific Command. Also, attending the ceremony was Chris Kastner, HII’s president and CEO, Brian Blanchette, Ingalls Shipbuilding president and key U.S. Navy officials.
“Today we mark an extraordinary moment in the construction of the future USS Philadelphia ,” Blanchette said. “Every part we add to this ship — from the smallest weld to the largest grand block — reflects the skill and dedication of our Ingalls shipbuilders and our shared commitment to the sailors and Marines who will one day rely on her. Their mission is our purpose, and we are honored to support the warfighter by delivering a ship worthy of the name Philadelphia .”
As part of the ceremony, Ingalls Structural Welder Cory Dillon etched the sponsor’s initials into a ceremonial steel plate, a long-standing naval tradition symbolizing the ship’s official start of construction. The plate will remain permanently affixed to Philadelphia throughout its service life.
Photos accompanying this release are available at: https://hii.com/news/hiis-ingalls-shipbuilding-authenticates-keel-of-philadelphia-lpd-32/ .
In her remarks, Maureen Paparo emphasized the personal significance of the moment.
“Being part of this ship’s connection to my hometown means everything to me,” Maureen Paparo said. “One day, this ship will add her own threads to the story of our Navy, our Marine Corps and our nation. I am in awe of what the incredible workforce here does every day. Your skill, your diligence and your dedication will ensure the safety of over 700 sailors and Marines who will serve aboard this great ship.”
Samuel Paparo underscored the significance of the event and reflected on the honor of having his spouse serve as the ship’s sponsor.
“ Philadelphia will be one of the most versatile platforms in the fleet, and I have a special appreciation for each shipyard worker that is a part of the team that will support this vessel for 40 years,” Samuel Paparo said. “It’s really a special day for Maureen and I. Maureen has built a foundation in faith, in family and in hard work. She knows firsthand what it takes to keep a fleet running, and it’s my very great honor and privilege to introduce her as the sponsor of USS Philadelphia .”
LPD 32 is one of three Flight II San Antonio -class ships currently under construction at Ingalls. Flight II ships are designed to replace the aging Whidbey Island-class (LSD 41) and Harpers Ferry -class (LSD 49) dock landing ships. These vessels will serve as a cornerstone of the Navy’s 21st-century expeditionary force, supporting Marine and Navy operations in humanitarian aid, disaster relief, maritime security and military missions.
Ingalls Shipbuilding is the sole builder of San Antonio -class ships and to date has delivered 13 LPDs to the U.S. Navy. Ingalls is currently constructing three Flight II vessels: Harrisburg (LPD 30), Pittsburgh (LPD 31), and Philadelphia (LPD 32) and has received contracts for the construction of LPD 33, LPD 34 and LPD 35.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
-
HII on LinkedIn:
https://www.linkedin.com/company/wearehii
Contact:
Kimberly Aguillard
[email protected]
(228) 355-5663
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd37489d-a15c-4701-bae9-cbc0bfcd67b0