HII · News · 20260805N
Acquisition / Partnership / Divestiture
HUNTINGTON INGALLS INDUSTRIES, INC. · 2026-08-05 · Importance 64 · Surprise 42
Huntington Ingalls Industries signed multi-year performance-based production agreements with Path Robotics and GrayMatter Robotics. The agreements are valued at up to $900 million, exceeding the materiality threshold. The initiative is intended to expand shipbuilding capacity and automate the fabrication, assembly, and outfitting of complex shipbuilding structures. The program supports U.S. Navy shipbuilding operations and represents a strategic investment in robotics-enabled production.
Key facts
- Janus Henderson Group PLC increased its stake in Huntington Ingalls Industries by 63.9% in the first quarter, bringing its total holdings to 29,982 shares valued at $11.4 million. source
- The Manufacturers Life Insurance Company reduced its stake in Huntington Ingalls Industries by 23.9% in Q1, now holding 21,630 shares valued at $8.22 million. source
- Bank of America Corp DE reduced its stake in Huntington Ingalls Industries by 8.8% in the first quarter, holding over 558,000 shares valued at $212.25 million. source
- Institutional ownership of HII stood at 90.46%. source