Marinette Marine
Marinette Marine is a U.S. Navy shipbuilder founded in 1942 in Marinette, Wisconsin, and a subsidiary of Huntington Ingalls Industries. The company constructs naval vessels, unmanned surface and undersea platforms, and specialized commercial ships for the U.S. Navy and defense customers.
- Company typePrivate
- Founded1942
- HeadquartersMarinette, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Marinette Marine does
Marinette Marine Corporation is a U.S. shipbuilding company founded in 1942 and headquartered along the Menominee River in Marinette, Wisconsin. The company constructs naval and specialized commercial vessels, with a portfolio that includes large unmanned surface vehicles (LUSV), medium unmanned surface vehicles (MUSV), and extra-large unmanned undersea vehicles (XLUUV/Orca) for the U.S. Navy, as well as specialized commercial platforms such as the offshore wind installation vessel Charybdis, which cost upwards of $715 million. The company is a subsidiary of Huntington Ingalls Industries, the largest military shipbuilding company in the United States, and participates in the Boeing-led XLUUV program alongside its parent.
The company's core business revolves around shipbuilding and naval vessel construction, with technical capabilities centered on industrial maritime manufacturing for defense and specialized commercial applications. Long-tenured yard infrastructure and a specialized craft workforce form the production backbone, though the broader U.S. shipbuilding labor pool faces structural challenges, including an industry-average workforce age of 50.
Marinette Marine generates revenue primarily through long-cycle, contract-based U.S. Navy procurement, including cost-plus and fixed-price arrangements, with vessels delivered directly to government customers through defense acquisition programs. Its go-to-market is enterprise field sales via competitive bidding and sole-source awards, anchored almost exclusively to the U.S. Navy and Department of Defense as a customer segment. The company is positioned to benefit from domestic maritime policy initiatives such as the SHIPS for America Act and the Maritime Action Plan, which seek to expand the U.S.-flagged fleet from 80 to 250 vessels and revitalize the U.S. maritime industrial base.
Marinette Marine firmographics
Firmographics- Name
- Marinette Marine
- Website
- https://marinettemarine.com
- Company type
- Private
- Founded year
- 1942
- Headcount range
- 1,001–5,000 employees
- Short description
- Marinette Marine is a U.S. Navy shipbuilder founded in 1942 in Marinette, Wisconsin, and a subsidiary of Huntington Ingalls Industries. The company constructs naval vessels, unmanned surface and undersea platforms, and specialized commercial ships for the U.S. Navy and defense customers.
- Ownership category
- akta.pro rank
Marinette Marine industry classification
Industry- Product category
- Naval Shipbuilding
- NAICS
- Ship Building and Repairing (336611)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Reefer (Refrigerated Cargo) Shipbuilding (IMAJAAAI)
- akta.pro secondary industry
- Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)
Keywords
Where Marinette Marine is headquartered
LocationHeadquarters
- HQ city
- Marinette
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Marinette Marine business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Infrastructure, Operations, Technology or R&D
Revenue model
- Naval Shipbuilding Contracts: Revenue generated through U.S. Navy defense contracts for construction of naval vessels, with cost-plus and fixed-price contract structures typical of government defense procurement.
Go-to-market motion2 records
Distribution channels1 record
Marinette Marine product offering
Product offeringCore offering
Marinette Marine is a U.S. shipyard that designs and constructs naval vessels and specialized commercial ships for defense and maritime customers. The company, headquartered along the Menominee River in Marinette, Wisconsin, builds platforms including naval combatants and large offshore wind installation vessels such as the Charybdis, operating as a subsidiary of Huntington Ingalls Industries. Its primary customer is the U.S. Navy, with work performed under government defense contracts.
Product overview
Marinette Marine is a shipbuilding company and subsidiary of Huntington Ingalls Industries. The company constructs vessels including the offshore wind installation vessel Charybdis, which represents a significant offering in the offshore wind support vessel segment. The company operates within the broader U.S. shipbuilding industry and participates in programs related to Navy vessel construction through its parent company's partnerships.
Differentiator
Problem solved
Functional benefit
Products and services
- Offshore Wind Installation Vessel Charybdis
- Naval Vessels for U.S. Navy Programs
Companies that use Marinette Marine
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Marinette Marine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Marinette Marine partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- BoeingcoreBoeing is partnered with Huntington Ingalls (parent company of Marinette Marine) on the XLUUV (Orca) program. The XLUUV program is running $242 million (64%) over original cost estimate and over three years behind schedule. Boeing plans to deliver all five operational prototype vehicles by end of 2025.
- Huntington Ingalls IndustriescoreMarinette Marine is a subsidiary of Huntington Ingalls Industries, the largest military shipbuilding company in the U.S. The parent company manages major Navy programs including the XLUUV (Orca) unmanned submarine program in partnership with Boeing.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Marinette Marine competitors and assessment
Company assessmentDirect peers
- Eastern Shipbuilding Group: Florida-based shipyard building offshore patrol cutters for the U.S. Coast Guard and other naval vessels. A smaller but directly comparable shipyard competing for similar federal vessel programs.
- Austal USA: U.S. shipbuilder specializing in aluminum-hull vessels, including Independence-class littoral combat ships for the Navy. Competes directly for naval surface ship programs and operates under similar defense procurement frameworks.
- General Dynamics NASSCO: U.S. shipbuilder constructing auxiliary and support ships for the U.S. Navy, including fleet replenishment oilers and amphibious vessels. Comparable in size, customer base, and federal contracting model.
- Fincantieri Marine Group: Italian-owned U.S. shipyard group constructing frigates and other naval vessels, including Constellation-class frigates. Directly comparable in naval shipbuilding capability and federal contracting.
- Bollinger Shipyards: Louisiana-based shipyard building cutters and patrol boats for the U.S. Coast Guard and Navy. Comparable in contract type, customer base, and small-to-medium naval vessel construction.
- Newport News Shipbuilding: HII division building aircraft carriers and nuclear submarines for the U.S. Navy. While larger and more specialized, it shares parent company resources and competes in adjacent naval shipbuilding segments.
- Huntington Ingalls Industries: Marinette Marine's parent company and the largest U.S. military shipbuilder, operating Ingalls Shipbuilding and Newport News Shipbuilding. It is the closest comparable entity, sharing federal contracting infrastructure, customer relationships, and shipbuilding capabilities.
- General Dynamics Bath Iron Works: Major U.S. Navy shipbuilder constructing Arleigh Burke-class destroyers and other surface combatants. A direct competitor in naval shipbuilding, competing for the same federal contracts and serving the same customer base.
- Vigor Industrial: Pacific Northwest shipyard with significant Navy and Coast Guard repair, modernization, and new construction work. Comparable in customer base, federal contracting, and shipyard operations.
Broad incumbents
- Hanwha Ocean: Major global shipbuilder (formerly Daewoo Shipbuilding & Marine Engineering) with significant commercial and naval capabilities. Relevant as competitive context for global shipbuilding scale and cost benchmarks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Marinette Marine social profiles
Digital presenceMarinette Marine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marinette Marine leadership team
Management profileNumber of profiles
Profiles2 records
Marinette Marine funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marinette Marine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marinette Marine
What does Marinette Marine do?
Marinette Marine is a U.S. shipyard that designs and constructs naval vessels and specialized commercial ships for defense and maritime customers. The company, headquartered along the Menominee River in Marinette, Wisconsin, builds platforms including naval combatants and large offshore wind installation vessels such as the Charybdis, operating as a subsidiary of Huntington Ingalls Industries. Its primary customer is the U.S. Navy, with work performed under government defense contracts.
When was Marinette Marine founded?
Marinette Marine was founded in 1942. It employs 1,001 to 5,000 people.
Where is Marinette Marine based?
Marinette Marine is headquartered in Marinette, United States, in the North America region.
How does Marinette Marine make money?
One revenue line is on record: naval Shipbuilding Contracts.
Who are Marinette Marine's main competitors?
Direct peers on record are Eastern Shipbuilding Group, Austal USA, General Dynamics NASSCO, Fincantieri Marine Group, Bollinger Shipyards, Newport News Shipbuilding, Huntington Ingalls Industries, General Dynamics Bath Iron Works and Vigor Industrial. Hanwha Ocean is listed as a broad incumbent.
Does Marinette Marine have an API?
No public API is recorded for Marinette Marine.
What industry is Marinette Marine in?
Marinette Marine's product category is Naval Shipbuilding. Its primary akta.pro industry code is IMAJAAAI, Reefer (Refrigerated Cargo) Shipbuilding, with a secondary code of TLAHAMAD, Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors). Its NAICS code is 336611 and its SIC code is 3730.