15 Biggest Shipbuilding Companies in the World

3. Huntington Ingalls Industries, Inc. (NYSE:HII)

Latest 12 Month Revenue: $11.5 billion

Huntington Ingalls Industries, Inc. (NYSE:HII) is one of the most important shipbuilding firms in the U.S. This is because it makes aircraft carriers and submarines. Huntington Ingalls Industries, Inc. (NYSE:HII) reported its first-quarter earnings in April and managed to beat analyst revenue and EPS estimates of $2.79 billion and $3.53, respectively. The company posted $2.8 billion in revenue and $3.53 in EPS. However, the stock dipped on the back the earnings release on the back of concerns regarding cost controls.

Insider Monkey took a look at 933 hedge fund investment filings for last year’s fourth quarter and found that 22 had held stakes in Huntington Ingalls Industries, Inc. (NYSE:HII). Among these, Cliff Asness’ AQR Capital Management owned the most valuable stake which was worth $128 million.

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