On the Record · Huntington Ingalls Industries
Huntington Ingalls Industries acquisitions, on the record
The businesses Huntington Ingalls Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Alion Holding Corp.Word for word“The purchase price was $ 1.79 billion, including $ 148 million of cash received in the acquisition.” 10-K for 2023 | acquisition | — | $ 1.79 billion |
HydroidWord for word“The policies insured the Company against losses relating to the seller’s breach of certain representations and warranties in the Hydroid acquisition agreement.” 10-K for 2023 | acquisition | — | — |
San Diego Shipyard businessWord for word“In February 2021, the Company contributed its San Diego Shipyard business to a joint venture, Titan Acquisition Holdings, L.P. ("Titan"), in exchange for a 10 % non-controlling interest.” 10-K for 2023 | divestiture | In February 2021 | 10 % non-controlling interest |
oil and gas businessWord for word“For the year ended December 31, 2021, the Company’s effective tax rate differed from the statutory federal corporate income tax rate primarily as a result of a tax loss associated with the sale of the Company's oil and gas business and estimated research and development tax credits for 2021 and prior years.” 10-K for 2023 | divestiture | 2021 | — |
previously owned Avondale Shipyard facilityWord for word“The Company holds a loan receivable in connection with the financing of the sale of its previously owned Avondale Shipyard facility.” 10-K for 2023 | divestiture | — | — |
unconsolidated ship repair and specialty fabrication joint ventureWord for word“The increase was primarily driven by the settlement of a representations and warranties insurance claim related to the acquisition of Hydroid and higher volumes described above, partially offset by a contract loss and lower equity income from the disposition of our investment in an unconsolidated ship repair and specialty fabrication joint venture.” 10-K for 2023 | divestiture | — | — |
W InternationalWord for word“In December 2024, the Company entered into a definitive agreement to acquire substantially all of the assets of W International, a South Carolina-based complex metal fabricator specializing in the manufacture of shipbuilding structures, modules, and assemblies, for a purchase price of $ 140 million, subject to customary purchase price adjustments.” 10-K for 2024 | agreed acquisition | In December 2024 | $ 140 million |
W International SC, LLC and Vivid Empire SC, LLC (W International)Word for word“In January 2025, the Company acquired substantially all of the assets of W International SC, LLC and Vivid Empire SC, LLC (collectively “W International”), a South Carolina-based complex metal fabricator specializing in the manufacture of shipbuilding structures, modules, and assemblies.” 10-K for 2024 | acquisition | In January 2025 | — |
interest in an unconsolidated ship repair and specialty fabrication joint ventureWord for word“The change in investing cash was primarily driven by an increase in capital expenditures and the sale of our 49 Table of Contents interest in an unconsolidated ship repair and specialty fabrication joint venture in 2023, partially offset by additional investment in one of our unconsolidated nuclear and environmental joint ventures in 2023.” 10-K for 2024 | divestiture | in 2023 | — |
Avondale Shipyard facilityWord for word“The Company holds a loan receivable in connection with the financing of the sale of its previously owned Avondale Shipyard facility.” 10-K for 2024 | divestiture | — | — |
San Diego Shipyard business (contributed to Titan Acquisition Holdings, L.P.)Word for word“In 2021, the Company contributed its San Diego Shipyard business to a joint venture, Titan Acquisition Holdings, L.P. ("Titan"), in exchange for a 10 % non-controlling interest, which was recorded under the equity method of accounting.” 10-K for 2024 | divestiture | In 2021 | — |
W International SC, LLC and Vivid Empire SC, LLC (collectively "W International")Word for word“In January 2025, the Company acquired substantially all of the assets of W International SC, LLC and Vivid Empire SC, LLC (collectively “W International”), a South Carolina-based complex metal fabricator specializing in the manufacture of shipbuilding structures, modules, and assemblies, for a purchase price of $ 132 million.” 10-K for 2025 | acquisition | In January 2025 | $ 132 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $372 million | $278 million |
| 2017-12-31 | −$3 million | — |
| 2018-12-31 | $77 million | $46 million |
| 2019-12-31 | $195 million | $133 million |
| 2020-12-31 | $417 million | $350 million |
| 2021-12-31 | $1.64 billion | $1.02 billion |
| 2025-12-31 | $132 million | $32 million |
Deal filings since 2016
- 2024-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Huntington Ingalls Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-05. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.