Huntington Ingalls Industries

#7 Defense Contractor · FY2024

America's largest military shipbuilder. Only company that builds nuclear aircraft carriers (Newport News) and one of two that builds nuclear submarines.

FY2024 Contracts
$7.5B
Rank
#7
Subsidiaries
2

5-Year Contract Trend

FY2020
$7.5B
FY2021
$5.7B
FY2022
$4.6B
FY2023
$9.1B
FY2024
$7.5B

Subsidiaries & Divisions

EntityFY2024 Awards
HUNTINGTON INGALLS INCORPORATED$3.9B
HUNTINGTON INGALLS INC$3.6B

Follow the Money

Huntington Ingalls Industries received $7.5B from the Department of Defense in FY2024 alone. Defense contractors spend millions on lobbying and campaign contributions to ensure continued government spending. Every dollar in defense contracts is a dollar not spent on education, healthcare, or infrastructure.