HII celebrates one year of operations at Newport News Shipbuilding in Goose Creek, emphasizing increased production and community engagement.
Quiver AI Summary
HII celebrated the one-year anniversary of Newport News Shipbuilding (NNS) Charleston Operations in Goose Creek, South Carolina, with a town hall event for employees and community leaders. NNS President Kari Wilkinson praised the team's contributions to U.S. Navy programs, highlighting the successful ramp-up of production since the facility's acquisition in January 2025. The South Carolina team achieved its first unit delivery within 40 days and exceeded production goals for 2025, which is part of HII's strategy to increase shipbuilding capacity. Rear Adm. Jonathan Rucker emphasized the importance of distributed shipbuilding in meeting national defense needs and noted the advantageous location of the Charleston facility within a growing maritime ecosystem. HII is actively partnering with various shipyards and international manufacturers to further expand its capabilities.
Potential Positives
- The successful celebration of one year of Newport News Shipbuilding Charleston Operations underscores the company's commitment to community engagement and team unity, fostering a positive corporate culture.
- The facility has ramped up production and exceeded its targets for 2025, showcasing operational efficiency and effectiveness within the U.S. Navy programs.
- Strategic location in South Carolina's growing maritime ecosystem with expansion capacity and access to a skilled workforce positions HII favorably for future growth in the shipbuilding sector.
- The partnership with 23 additional shipyards and international manufacturers enhances HII's capacity and ability to meet increasing demand for military ships, demonstrating proactive strategic planning.
Potential Negatives
- There is a notable emphasis on "distributed shipbuilding or outsourcing," which may raise concerns about job security for workers at HII's primary locations as production capacity is increasingly reliant on external partnerships and additional shipyards.
- The need to establish partnerships with international manufacturers to expand capacity could indicate a lack of sufficient domestic resources or capabilities within HII, which may be perceived as a weakness in their operational capacity.
- Despite exceeding production targets, the constant push to ramp up production may put pressure on existing employees and resources, potentially affecting the quality of output and worker morale.
FAQ
What significant milestone did HII mark recently?
HII marked one year of operations at Newport News Shipbuilding Charleston in Goose Creek, South Carolina.
Who attended the anniversary event for NNS Charleston Operations?
Community and Navy leaders, along with shipbuilders from NNS Charleston Operations, attended the anniversary event.
What production accomplishments has NNS Charleston Operations achieved?
The facility delivered its first unit within 40 days and exceeded its production targets for 2025.
What is HII's strategy for increasing shipbuilding capacity?
HII is focusing on distributed shipbuilding, leveraging partnerships with 23 shipyards and fabricators across the country.
What role does NNS Charleston play in HII's mission?
NNS Charleston supports HII's mission to enhance shipbuilding throughput and meet increased demand for naval vessels.
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 8 times in the past 6 months. Of those trades, 1 have been purchases and 7 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
- EDGAR A III GREEN (Ex VP, Pres. HII Mission Tech) sold 4,206 shares for an estimated $1,117,427
- NICK L STANAGE purchased 3,500 shares for an estimated $954,729
- VICTORIA D HARKER has made 0 purchases and 2 sales selling 2,000 shares for an estimated $585,235.
- 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 $3.2B in Q3 2025. This is an increase of 16.11% 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 410 institutional investors add shares of $HII stock to their portfolio, and 277 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 490,587 shares (+509.2%) to their portfolio in Q3 2025, for an estimated $141,244,903
- MAVERICK CAPITAL LTD removed 386,533 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $111,286,716
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 313,694 shares (+234.4%) to their portfolio in Q3 2025, for an estimated $90,315,639
- FMR LLC removed 277,046 shares (-7.2%) from their portfolio in Q3 2025, for an estimated $79,764,313
- CITADEL ADVISORS LLC removed 217,092 shares (-93.1%) from their portfolio in Q3 2025, for an estimated $62,502,957
- UBS GROUP AG removed 205,315 shares (-25.1%) from their portfolio in Q3 2025, for an estimated $59,112,241
- ORION PORFOLIO SOLUTIONS, LLC removed 191,850 shares (-98.0%) from their portfolio in Q3 2025, for an estimated $55,235,533
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 6 analysts offer price targets for $HII in the last 6 months, with a median target of $346.0.
Here are some recent targets:
- Noah Poponak from Goldman Sachs set a target price of $425.0 on 01/20/2026
- John Godyn from Citigroup set a target price of $450.0 on 01/13/2026
- 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
- Ronald Epstein from B of A Securities set a target price of $260.0 on 08/13/2025
- David Strauss from Barclays set a target price of $295.0 on 08/04/2025
Full Release
GOOSE CREEK, S.C., Jan. 22, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today marked one year of Newport News Shipbuilding (NNS) Charleston Operations in Goose Creek. The company hosted community and Navy leaders at the facility and a town hall event for all NNS Charleston Operations shipbuilders.
“Today, we celebrate our teammates here in South Carolina for the incredible difference you are making and will continue to make,” NNS President Kari Wilkinson said. “Whether you work in South Carolina or Virginia, we are one team on an important mission with the power to change the course of history — one component, one unit, one module, one boat or one ship at a time.”
Since the asset acquisition closing in January 2025 , NNS has continued to ramp up production at this important facility in support of its U.S. Navy programs. The South Carolina team was able to deliver its first unit within the first 40 days as NNS Charleston Operations, and has exceeded production targets for 2025.
Photos accompanying this release are available at: http://hii.com/news/hii-marks-one-year-of-newport-news-shipbuilding-charleston-operations/ .
“You are crucial as we continue to ramp up submarine and carrier shipbuilding,” Rear Adm. Jonathan Rucker, program executive officer, attack submarines, told shipbuilders at the town hall. “Part of increasing shipbuilding is what we call distributed shipbuilding or outsourcing, (which means) leveraging the people here and those around the country to be able to increase our capacity to build the submarines and aircraft carriers and ships that our nation needs. I can’t thank you enough for what you do day in and day out.”
NNS Charleston Operations is located on 45 acres along the Cooper River with more than 480,000 square feet of covered manufacturing space. It is strategically located within South Carolina’s rapidly growing maritime ecosystem, having both barge and rail access, capacity to expand, and growing access to the highly skilled maritime trades workforce.
The work underway in South Carolina is part of HII’s distributed shipbuilding initiative to increase shipbuilding throughput and meet the increased demand for ships. In addition to NNS Charleston Operations, HII is partnering with 23 shipyards and fabricators beyond the company’s traditional labor market. HII also forged partnerships with international manufacturers to explore meaningful ways to expand capacity, including evaluation of adding an additional shipyard in the U.S.
About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation’s largest military shipbuilder, and with a more than 140-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML 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
Contact:
Todd Corillo
[email protected]
(757) 688-3220
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2d7b1d82-7887-4766-9b84-1b7dc3396046