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Huntington Ingalls Indus

HII

Industrials

3

exclusion reasons

1 theme

Weapons & Military (3)
HII Industrials Current as of March 2026

Huntington Ingalls Indus is screened out under 3 exclusion reasons spanning 1 issue category.

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.

Nuclear Weapons
Since Mar 12, 2026

Huntington Ingalls Industries is the sole designer, builder, and refueler of U.S. Navy nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear-powered submarines. This nuclear naval work is a core and historic business segment for the company.

The company is also connected to the U.S. nuclear weapons complex through joint ventures involved in the management and operations of nuclear weapons facilities. One such joint venture, Savannah River Nuclear Solutions, publicly describes tritium as a main product; tritium is a radioactive gas that is a key component in modern nuclear warheads.

Military Contracting
Since Jul 28, 2021

Huntington Ingalls Industries is the largest military shipbuilder in the United States and derives the overwhelming majority of its revenue from defense contracts. According to SIPRI data, the company’s arms sales accounted for approximately $6.74 billion of its $7.1 billion in total sales, representing roughly 95% of its revenue. Its core business is the design, construction, and maintenance of purpose-built warships for the U.S. Navy, including nuclear-powered aircraft carriers and submarines.

The company is the sole builder of U.S. Navy aircraft carriers and a leading supplier of nuclear-powered submarines. Its products are not dual-use commodities but are specialized weapons platforms integral to U.S. naval power projection. This specialization meets the exclusion threshold for companies whose products are purpose-built for warfare. The U.S. Congressional Research Service identifies HII as a key industrial concern specializing in specific military systems within the defense industrial base.

Huntington Ingalls has also faced significant regulatory enforcement related to its defense contracting. In 2017, the company agreed to pay $9.2 million to settle allegations it submitted false labor charges on U.S. Navy and Coast Guard contracts. A 2019 whistleblower complaint further accused the company of falsifying tests and certifications on stealth coatings for its submarines. ViolationTracker documents a total of $19 million in penalties since 2000 for the company.

Research Sources 2 organizations
External
SIPRI
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.