ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

HII Hosts HD Hyundai Heavy Industries Leaders at Ingalls Shipbuilding, Reinforcing Strategic Partnership

By: via GlobeNewswire

PASCAGOULA, Miss., Oct. 20, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted leaders from HD Hyundai Heavy Industries (HHI) at the company’s Ingalls Shipbuilding division this month for a three-day engagement to advance joint goals of the memorandum of understanding signed by the two companies in April. During the visit, leaders from HII and HHI exchanged insights on shipbuilding technology and manufacturing processes, discussing both commercial and military shipbuilding opportunities.

“As our partnership with HHI continues to evolve, this visit allowed us to demonstrate the expertise of our Ingalls shipbuilders and the significant investment made in technology in our shipyard over the last several years,” Ingalls Shipbuilding President Brian Blanchette said. “I look forward to seeing how the ideas generated during this visit will develop in the coming months to create additional opportunities to increase efficiency and accelerate the delivery of critical ships for the U.S. Navy’s fleet.”

During the visit, the group toured the shipyard, observed the state-of-the-art robotic technologies and other modern production capabilities being utilized by Ingalls. This particular visit provided first-hand insight into how innovation is driving greater efficiency and consistency in shipbuilding.

HHIrep.Ingalls.Oct2025

Photos accompanying this release are available at: http://hii.com/news/hii-hosts-hd-hyundai-heavy-industries-leaders-at-ingalls-shipbuilding-reinforcing-strategic-partnership/.

“This visit has been a great opportunity for us to see how HII has been advancing its expertise in shipbuilding, and we look forward to discussing insights that will further deepen our collaboration,” said Sangbong Lee, senior vice president at HHI. “We have high expectations for how our partnership will evolve and hope to share innovative approaches that will deliver significant value to our customers.”

Joining the visit to further evaluate future joint maritime opportunities was Eric Chewning, HII’s executive vice president of maritime systems and corporate strategy. Focused on expansion of domestic and international partnerships he said, “leveraging advanced technologies in support of our customers cannot happen fast enough and this partnership is a powerful step in the right direction to not only enhance throughput at Ingalls, but to strengthen and expand the U.S. shipbuilding industrial base.”

The collective efforts applied under the strategic partnership aim to leverage the combined expertise and resources of both companies to advance technological innovation, maximize production efficiency, and strengthen the global defense industry. Specializing in multiple classes of ships, HII and HHI are two of the world’s leading shipbuilders.

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 135-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:

Contact:

Kimberly Aguillard
Kimberly.K.Aguillard@HII-co.com
(228) 355-5663

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ed971e5-7523-4f58-aa54-cc4a65a80ab8


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+1.37 (0.56%)
AAPL  268.47
-1.30 (-0.48%)
AMD  233.54
-4.16 (-1.75%)
BAC  53.20
-0.09 (-0.17%)
GOOG  279.70
-5.64 (-1.98%)
META  621.71
+2.77 (0.45%)
MSFT  496.82
-0.28 (-0.06%)
NVDA  188.15
+0.07 (0.04%)
ORCL  239.26
-4.54 (-1.86%)
TSLA  429.52
-16.39 (-3.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.