Key Takeaways Huntington Ingalls Industries shares surged to new highs this week after the Trump administration said it wants the company to build new ships for the U.S. Navy.With its recent gains, the stock has nearly doubled in value in 2025. Huntington Ingalls Industries (HII) shares sailed to new highs this week. Shares of the shipbuilder climbed close to 2% to a fresh record high Tuesday before paring back some of their early gains, extending their rally after the Trump administration said it want ...