HttpURLConnection can work with NTLM only if you add library jcifs.
This example works with latest jcifs-1.3.18 :
import java.io.BufferedReader;
import java.io.IOException;
import java.io.InputStream;
import java.io.InputStreamReader;
import java.net.HttpURLConnection;
import java.net.URL;
import java.net.UnknownHostException;
import java.util.HashMap;
import java.util.Map;
import org.apache.http.impl.auth.NTLMEngineException;
public class TestNTLMConnection {
    public static void main(String[] args) throws UnknownHostException, IOException, NTLMEngineException {
        // Method 1 : authentication in URL
        jcifs.Config.registerSmbURLHandler();
        URL urlRequest = new URL("http://domain%5Cuser:pass@127.0.0.1/");
        // or Method 2 : authentication via System.setProperty()
        // System.setProperty("http.auth.ntlm.domain", "domain");
        // System.setProperty("jcifs.smb.client.domain", "domain");
        // System.setProperty("jcifs.smb.client.username", "user");
        // System.setProperty("jcifs.smb.client.password", "pass");
        // Not verified // System.setProperty("jcifs.netbios.hostname", "host");
        // System.setProperty("java.protocol.handler.pkgs", "jcifs");
        // URL urlRequest = new URL("http://127.0.0.1:8180/simulate_get.php");
        HttpURLConnection conn = (HttpURLConnection) urlRequest.openConnection();
        StringBuilder response = new StringBuilder();
        try {
            InputStream stream = conn.getInputStream();
            BufferedReader in = new BufferedReader(new InputStreamReader(stream));
            String str = "";
            while ((str = in.readLine()) != null) {
                response.append(str);
            }
            in.close();   
            System.out.println(response);
        } catch(IOException err) {
            System.out.println(err);
        } finally {
            Map<String, String> msgResponse = new HashMap<String, String>();
            for (int i = 0;; i++) {
                String headerName = conn.getHeaderFieldKey(i);
                String headerValue = conn.getHeaderField(i);
                if (headerName == null && headerValue == null) {
                    break;
                }
                msgResponse.put(headerName == null ? "Method" : headerName, headerValue);
            }
            System.out.println(msgResponse);
        }
    }
}
Warning: jcifs ignores the connectTimeout and readTimeout you define with the library, it's the reason why the connection takes ages to break when the host is not responding. Use the code I describe in this SO thread to avoid this bug.