Huntington Ingalls Industries

Huntington Ingalls Industries is involved in several facilities involved in the production, development and stockpiling of US nuclear weapons.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

Huntington Ingalls Industries (HII), designs, constructs and maintains nuclear and non-nuclear ships for the US Navy and Coast Guard and provides other services including nuclear and environmental services.1 The company is involved in several facilities involved in the production, development and stockpiling of US nuclear weapons. In the financial year ending 31 December 2021, HII generated revenues of $ 9.5 billion.2

Stock exchange listing

NYSE: HII

Contact information

Huntington Ingalls Industries
4101 Washington Ave.
Newport News, VA 23607
Telephone: +1 (757) 380-2000
Website: https://www.huntingtoningalls.com/
Facebook: http://www.facebook.com/HuntingtonIngallsIndustries
Instagram: https://www.instagram.com/huntingtoningalls/
LinkedIn: https://www.linkedin.com/company/huntingtoningalls
Twitter: https://twitter.com/hiindustries
YouTube: https://www.youtube.com/c/huntingtoningalls

Nuclear weapons

The Los Alamos National Laboratory is responsible for the nuclear design and engineering and life extension programmes for US nuclear warheads.3 As a subcontractor of the joint venture Triad National Security4, Huntington Ingalls Industries provides “personnel, systems, tools and corporate reachback in the areas of pit production, plutonium manufacturing, production scale-up and nuclear operations and manufacturing” for the Los Alamos Laboratory.5 The contract has a potential value of $27.8 billion and is expected to run until at least October 2028.6

Formerly known as the Nevada Test Site, the Nevada National Security Site maintains facilities related to nuclear weapon modernisation and stockpiling. It retains the capability to resume full- scale nuclear testing within a couple years, at the discretion of the US President.7 Mission Support and Test Services LLC (MSTS) manages and operates the site. MSTS is a limited liability company consisting of Honeywell International Inc., Jacobs Engineering Group Inc., and Stoller Newport News Nuclear, Inc. (SN3, part of HII).8 The ten-year contract is worth $9,2 billion and is set to expire in November 2027.9

Through SN3, HII is also involved in the joint venture managing and operating of the Savannah River Site and Savannah River National Laboratory, which produces nuclear components for nuclear weapons.10 In September 2022, this contract was extended with another five years, with a potential value of  $12 billion.11

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

66 Financial institutions made $19,407.74 million available to Huntington Ingalls Industries in the research period. The table displays the top 15 investors but can be adjusted or searched. All figures are in millions of US dollars.

2022 Investments

2022

[table id=49 /]
2021 Investments

2021

79 Financial institutions made $21,770 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

66 Financial institutions made $19,407.7 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

71 Financial institutions made $12,569 million available to Aerojet Rocketdyne in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:46:43

Notes

 

  1. Who We Are (2022) | Huntington Ingalls Industries. Available at: https://huntingtoningalls.com/who-we-are/.
  2. ‘Delivering to an all-domain force. 2021 Annual report’, Huntington Ingalls Industries (2022), p. 39. Available at: https://s29.q4cdn.com/772422961/files/doc_financials/2021/ar/HII_2021_AnnualReport_Final_AsPrinted_031522.pdf.
  3.  ‘Fiscal Year 2021 Stockpile Stewardship and Management Plan’, National Nuclear Security Administration (2020), pp. E-17-E26. Available at: https://www.energy.gov/sites/default/files/2020/12/f82/FY2021_SSMP.pdf.
  4. The joint venture includes two integrated subcontractors: Huntington Ingalls Industries and Fluor, and three small business subcontractors: Longenecker & Associates, Merrick-SMSI and TechSource. See About Us (no date) | Triad National Security, LLC. Available at: https://triadns.org/ (Accessed: 26 November 2022).
  5. About Us (no date) | Triad National Security, LLC. Available at: https://triadns.org/ (Accessed: 26 November 2022); Huntington Ingalls Industries to Support New Management Contract at Los Alamos National Laboratory. Huntington Ingalls Newsroom, 10 July 2018. Available at: https://newsroom.huntingtoningalls.com/releases/huntington-ingalls-industries-to-support-new-management-contract-at-los-alamos-national-laboratory.
  6. CONTRACT to TRIAD NATIONAL SECURITY, LLC.| USAspending, 8 June 2018. Available at: https://www.usaspending.gov/award/CONT_AWD_89233218CNA000001_8900_-NONE-_-NONE- (Accessed: 5 October 2022).
  7. Amy F. Woolf and James D. Werner (2021) ‘The U.S. Nuclear Weapons Complex: Overview of Department of Energy Sites’, Congressional Research Service, pp. 16-18. Available at: https://crsreports.congress.gov/product/pdf/R/R45306
  8. NNSA Awards Nevada National Security Site Management & Operating Contract to Mission Support and Test Services, LLC. Energy.gov. Available at: https://www.energy.gov/nnsa/articles/nnsa-awards-nevada-national-security-site-management-operating-0 (Accessed: 5 October 2022).
  9. CONTRACT to MISSION SUPPORT AND TEST SERVICES LLC. | USAspending, 1 August 2017. Available at: CONTRACT to MISSION SUPPORT AND TEST SERVICES LLC | USAspending (Accessed: 5 October 2022).
  10. Amy F. Woolf and James D. Werner (2021) ‘The U.S. Nuclear Weapons Complex: Overview of Department of Energy Sites’, Congressional Research Service, pp. 19-21. Available at: https://crsreports.congress.gov/product/pdf/R/R45306
  11. U.S. Department of Energy Extends Fluor-led Savannah River Site Management and Operating Contract through September 2027. FLUOR News Release, 29 September 2022. Available at: https://newsroom.fluor.com/news-releases/news-details/2022/U.S.-Department-of-Energy-Extends-Fluor-led-Savannah-River-Site-Management-and-Operating-Contract-through-September-2027/default.aspx (Accessed: 17 October 2022).