Huntington Ingalls’s Current and Future Performance
Since its inception, Huntington’s financial progress has been so impressive. Over the last three years, the company’s profitability has shown an upward trend. For instance, in 2016, Huntington’s profit was $858 million. In 2017, the company’s profit margin increased to $865 million, which is 0.8 percent over the margin recorded in the previous year. The increase in profit is attributable to the tremendous increase in the volume of sales in naval nuclear services and submarine services. To a great extent, Huntington’s accounting procedures and business efficiency depend on financial priorities. Similarly, the company’s capitalization on non-financial factors will give a huge boost in overcoming internal risks to keep on with a brilliant performance. This paper discusses the financial priorities of Huntington, non-financial aspects that can give the company a leg up in the industry, and the internal risks standing in the way of the company.