In December 2025, the U.S. Navy named Huntington Ingalls Industries as one of three finalists for a potential $25 billion contract to build next-generation attack submarines. The program, valued at up to 50 hulls over three decades, represents the largest shipbuilding award in Navy history. HII’s Newport News Shipbuilding division, which has delivered more than 650 nuclear-powered vessels since World War II, will compete on design innovation and cost control. Award finalization is expected by mid-2026, with initial production scheduled to begin in 2027. A win would sustain HII’s naval backlog—currently exceeding $35 billion—and support over 7,000 jobs at its Virginia facility.

On January 22, 2026, HII celebrated the first anniversary of its Newport News Shipbuilding Charleston Operations in Goose Creek, South Carolina. Since acquiring the 45-acre facility in January 2025, HII has ramped up to deliver its first module within 40 days and exceeded its 2025 production target by 12%. The site now encompasses 480,000 square feet of covered manufacturing space, supports distributed shipbuilding with 23 partner yards nationwide, and is expanding workforce training to add 300 skilled trades technicians by year-end. This regional hub enhances HII’s ability to meet an expected 30% increase in submarine and carrier module demand over the next five years.