Shipbuilding & Repairing
Industry Description
The US shipbuilding and repair industry includes about 600 companies with combined annual revenue of about $17 billion. Major companies include the shipbuilding division of General Dynamics, Huntington Ingalls (formerly a unit of Northrop Grumman), BAE Systems Ship Repair, Bollinger Shipyards, the inland barge division of Trinity Industries, and VT Halter Marine (a subsidiary of Singapore Technologies Engineering). The industry is highly concentrated: the largest 50 companies account for about 90 percent of revenue.
SIC: 3731
NAICS: 336611
NAICS: 336611
Related Industries:
Boat Building, Deep Sea Freight Transportation, Inland Water Freight Transportation, Coastal & Great Lakes Freight Transportation, Cruise Ships , Primary Metals Manufacturing, Search, Detection, Navigation & Guidance System ManufacturingTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Hyundai Heavy Industries Co., Ltd. | 22,194.89M | Ulsan, South Korea |
| GRAHA TRISAKA INDUSTRI, PT | 13,170.00M | Batam, Indonesia |
| Samsung Heavy Industries Co., Ltd. | 11,850.42M | Seoul, South Korea |
| Daewoo Shipbuilding & Marine Engineering Co., Ltd. | 10,649.71M | Seoul, South Korea |
| Huntington Ingalls Industries, Inc. | 6,575.00M | Newport News, VA |
There are 29,185 companies in this industry. To view all of them, register now.Trends
Industry Consolidation - Years of consolidation in the US military shipbuilding industry...
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Total US manufacturers' shipments, an indicator of the volume of goods transported by ship, rose 7.7 percent year-to-date in March 2012 compared to the same period in 2011.
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Navy Invests in Aluminum Technology - The US Navy recently awarded a $2.1 million contract to Alcoa to develop a manufacturing technique that could greatly reduce shipbuilding costs. The metal giant...
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