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Huntington Ingalls Industries Inc (NYSE:HII) Institutional investors purchased a net $897.9 thousand shares of HII during the quarter ended June 2019 and now own 90.06% of the total shares outstanding.
Northrop Grumman Completes Spin-off of Huntington Ingalls Industries, Inc. Northrop Grumman Corporation (NYSE: NOC) today announced that it has completed the previously announced spin-off of its subsidiary Huntington Ingalls Industries, Inc.
While Huntington Ingalls Industries is a publicly traded company, we are a federal contractor because we provide services to our military and government customers through federal contracts.
Huntington Ingalls Pension Plan is a Corporate Pension located in Newport News, VA United States, North America. Current Assets for Huntington Ingalls Pension Plan is $8,460,000,000 and SWFI has 3 periods of historical assets, 2 personal contacts available for CSV Export.
371 on the Fortune 500, was formed on March 31, 2011, as a spin-off of Northrop Grumman. Huntington Ingalls Industries, Inc....Huntington Ingalls Industries. TypePublic companyNet incomeUS$696 million (2020)Total assetsUS$8.157 billion (2020)Total equityUS$1.901 billion (2020)Number of employees40,000 (2019)13 more rows

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Huntington Ingalls Industries (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 371 on the Fortune 500, was formed on March 31, 2011, as a spin-off of Northrop Grumman.
Employer contributions are 20 percent vested each year of employment. This defined benefit pension plan provides retirement income based on your compensation and years of service when you retire. Kaiser Permanente makes all contributions to this plan. You are vested in the plan after 5 years of service.
Headquartered in Virginia, HII's skilled workforce is 44,000 strong. Builder of the most complex ships in the world for 135 years at Newport News, and 83 years at Ingalls.
As opposed to a defined-contribution plan such as a 401(k), pension plans are often defined-benefit where the employee can receive a fixed payment for life once they retire.
Litton Industries acquired Ingalls in 1961 and in 1968 expanded its facilities to the other side of the river. Ingalls reached a high point of employment in 1977, with 27,280 workers. In April 2001, Litton was acquired by the Northrop Grumman Corporation.

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