About HII
HII is a company based in Centreville (United States) founded in 1985 was acquired by Huntington Ingalls Industries in January 2019. It operates as a Professional Services, and Managed Services. HII has completed 2 acquisitions, including Forgentum and The PTR Group. HII offers products and services including Aircraft Carriers, Submarines, and Unmanned Systems. HII operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Centreville, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Spell Capital
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Forgentum
& 1 more
- Acquired by
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Products & Services of HII
HII offers a comprehensive portfolio of products and services, including Aircraft Carriers, Submarines, and Unmanned Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aircraft carriers are built for naval defense purposes.
Submarines are constructed for underwater military operations.
Unmanned systems are developed for autonomous defense tasks.
Funding Insights of HII
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Debt – Conventional - HII | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HII
HII has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Spell Capital, Grindstone Partners and Boyne Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HII
HII has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Forgentum and The PTR Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Limited information available
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2007 | ||||
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Cyber research and system technology training services are provided.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HII
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hii Comparisons
Competitors of HII
HII operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hii
Frequently Asked Questions about HII
When was HII founded?
HII was founded in 1985 and raised its 1st funding round 31 years after it was founded.
Where is HII located?
HII is headquartered in Centreville, United States. It is registered at Centreville, Virginia, United States.
Who is the current CEO of HII?
Jeff Handy is the current CEO of HII.
What does HII do?
HII is involved in the design and construction of naval vessels, including aircraft carriers, submarines, and guided missile destroyers. Operations are conducted across multiple sectors such as defense and national security. Advanced technology solutions like unmanned systems, artificial intelligence, and cyber capabilities are also provided. Services are extended to fleet sustainment and nuclear environmental management. The company operates through divisions like Ingalls Shipbuilding, Newport News Shipbuilding, and Mission Technologies, serving primarily government and defense clients.
Who are the top competitors of HII?
HII's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does HII offer?
HII offers Aircraft Carriers, Submarines, and Unmanned Systems.
How many acquisitions has HII made?
HII has made 2 acquisitions, including Forgentum, and The PTR Group.
Who are HII's investors?
HII has 4 investors. Key investors include Spell Capital, Grindstone Partners, Boyne Capital, and Huntington Ingalls Industries.