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HUNTINGTON INGALLS INDUSTRIES (HII)

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Earnings summaries and quarterly performance for HUNTINGTON INGALLS INDUSTRIES.

Recent press releases and 8-K filings for HII.

HII hosts top Navy leaders at Ingalls Shipbuilding
HII
New Projects/Investments
  • HII hosted Secretary of the Navy John Phelan, CNO Adm. Daryl Caudle, and Commandant Gen. Eric Smith for a tour of Ingalls Shipbuilding to discuss workforce initiatives and the yard’s role in the Navy’s “Golden Fleet” effort.
  • Ingalls is supporting early engineering and design for the Navy’s next battleship and was selected to design and construct the future small surface combatant platform based on the Legend-class cutter.
  • The leaders observed advanced manufacturing technologies in action and toured the amphibious assault ship Bougainville (LHA 8) and the recently delivered destroyer Ted Stevens (DDG 128).
  • HII has invested over $1 billion in infrastructure, facilities, and advanced toolsets at Ingalls to boost production capacity for upcoming programs.
4 days ago
HII hosts Secretary of War Pete Hegseth at Newport News Shipbuilding
HII
  • HII hosted Secretary of War Pete Hegseth at its Newport News Shipbuilding division, where he engaged with shipbuilders on the critical link between their work and U.S. naval deterrence (Jan. 5, 2026).
  • Over 2025, HII implemented measures to increase hiring, boost retention, and improve workforce proficiency, driving higher shipbuilding throughput; the company aims to build on this momentum across more than 40 ships under construction in 2026.
  • To meet growing demand, HII initiated a distributed shipbuilding partnership with 23 external shipyards and evaluated U.S. capacity expansion, while NNS adopted a 56-hour work week in 2025 to enhance schedule adherence.
6 days ago
HII delivers Flight III destroyer Ted Stevens to U.S. Navy
HII
New Projects/Investments
  • HII’s Ingalls Shipbuilding division delivered the Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128), the second Flight III ship, to the U.S. Navy on Dec. 29, 2025.
  • The vessel is equipped with the second-in-class AN/SPY-6 (V)1 radar and Aegis Baseline 10 combat system to counter advanced threats.
  • Ingalls has four additional Flight III destroyers under fabrication—DDG 129, DDG 131, DDG 133, DDG 135—and seven more in early planning or procurement for future flights.
  • To date, Ingalls has delivered 36 Arleigh Burke-class destroyers, including the first Flight III USS Jack H. Lucas (DDG 125).
Dec 29, 2025, 9:30 PM
HII to build small surface combatants for US Navy
HII
New Projects/Investments
  • HII’s Ingalls Shipbuilding division was selected by the U.S. Navy to design and build the future Small Surface Combatant (SSC) ship, leveraging the proven Legend-class NSC design for speed and predictability.
  • Ingalls will construct SSCs alongside its DDG 51 Flight III, LHA, and LPD Flight II lines using the same build sequence as national security cutters.
  • HII has invested over $1 billion in Ingalls infrastructure and distributed work to 23 outsourcing partners to expand capacity, with plans to evaluate adding an additional U.S. shipyard.
  • Ingalls supported the U.S. Coast Guard for nearly two decades, delivering 10 Legend-class NSCs, with the final cutter delivered in October 2023.
Dec 19, 2025, 1:05 PM
HII expands Babcock partnership to bolster Virginia-class submarine production
HII
New Projects/Investments
  • HII signed a contract with Babcock International Group to support Virginia-class submarine construction throughput at its Newport News Shipbuilding division.
  • This marks the first outsourced Virginia-class assembly work to Babcock’s Rosyth facility in Scotland for Block VI fast-attack submarines.
  • The agreement aims to enhance supplier base resiliency and strengthen U.S. submarine production within the trilateral AUKUS partnership.
  • Builds on a July 2023 strategic collaboration, including the AUSSQ supplier program and a DSEI MOU for UUV torpedo launch and recovery systems.
Dec 9, 2025, 12:00 PM
HII adds Westley Group as strategic supplier under AUKUS framework
HII
New Projects/Investments
  • HII announced the addition of Westley Group as a strategic supplier supporting the U.S. Navy’s submarine industrial base, reinforcing allied defense collaboration under the AUKUS framework.
  • Westley Group is approved by HII’s Newport News Shipbuilding division to deliver critical metal castings for nuclear-powered submarines and aircraft carriers.
  • The partnership aims to create a more integrated and resilient global supply chain to meet the expanded demand for nuclear submarines.
  • Westley Group employs over 300 personnel across four U.K. manufacturing facilities with comprehensive casting, machining, testing, and assembly capabilities.
Nov 4, 2025, 3:00 PM
HII and Shield AI complete first integrated USV autonomy test
HII
New Projects/Investments
  • HII and Shield AI completed the first major test of their integrated autonomy solution aboard the ROMULUS 20 USV during a three-day trial in Virginia Beach in late October.
  • The trial marks the first maritime deployment of Shield AI’s Hivemind Enterprise SDK integrated with HII’s Odyssey software, enabling AI-powered mission autonomy even in GPS- and communications-denied environments.
  • The successful test was achieved less than six weeks after announcing the partnership, underscoring rapid integration and collaboration between the defense technology firms.
  • ROMULUS, a modular high-performance USV line, includes the under-construction ROMULUS 190, designed to exceed 25 knots, operate up to 2,500 nautical miles, and carry four 40-ft ISO containers running both Odyssey and Hivemind.
  • HII’s Odyssey suite is deployed on 35+ USVs and 750+ UUVs across 30 countries, and the partnership aims to expand multi-domain autonomy solutions.
Nov 3, 2025, 8:00 PM
HII reports Q3 2025 results
HII
Earnings
Guidance Update
New Projects/Investments
  • Consolidated revenue rose 16.1% YoY to $3.192 B, driven by higher volumes at Ingalls Shipbuilding ($828 M, +24.7%), Newport News Shipbuilding ($1,617 M, +14.5%) and Mission Technologies ($787 M, +11.0%).
  • Segment operating income increased 84.5% YoY to $179 M (5.6% margin vs. 3.5%), led by Newport News at $80 M (vs. $15 M) and Ingalls at $65 M (vs. $49 M).
  • Free cash flow declined to $16 M from $136 M in Q3 2024, with CAPEX of $102 M (3.2% of revenue) and $2 B liquidity at quarter-end.
  • FY25 outlook updated: free cash flow guidance raised to $550 M–$650 M; shipbuilding revenue narrowed to $9.0 B–$9.1 B; Mission Technologies revenue to $3.0 B–$3.1 B.
  • Operational initiatives include targeting 15% throughput improvement, $250 M of annualized cost savings by year-end, and securing over $50 B in new contract awards across 2025–2026.
Oct 30, 2025, 1:00 PM
HII reports Q3 2025 results with record sales and EPS
HII
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Record Q3 sales of $3.2 billion and diluted EPS of $3.68, with backlog at $56 billion (of which $33 billion is funded).
  • Shipbuilding revenue grew 18% YoY to $2.4 billion ($828 million at Ingalls; $1.6 billion at Newport News) and Mission Technologies sales of $787 million (+11% YoY).
  • Operational initiatives on track, targeting 15% throughput improvement for 2025, hiring 4,600 shipbuilders YTD, and executing a $250 million cost reduction plan.
  • Revised 2025 guidance: Shipbuilding revenue $9–9.1 billion (margin 5.5–6.5%), Mission Technologies revenue $3–3.1 billion (margin ~4.5%), and free cash flow $550–650 million.
  • Q3 free cash flow of $16 million, operating cash flow $118 million, net CapEx $102 million, dividend increased to $1.38/share, and liquidity at ~$2 billion.
Oct 30, 2025, 1:00 PM
HII reports Q3 2025 results
HII
Earnings
Guidance Update
Dividends
  • Record Q3 revenue of $3.2 billion and diluted EPS of $3.68, driven by 18% shipbuilding sales growth and 11% growth in Mission Technologies revenues of $787 million.
  • $56 billion backlog, of which $33 billion is funded.
  • Full-year 2025 throughput improvement target raised to ~15% and reaffirmation of the $250 million annualized cost reduction plan.
  • Updated 2025 outlook: narrowed shipbuilding revenue to $9.0–9.1 billion, Mission Technologies revenue to $3.0–3.1 billion, and free cash flow guidance increased to $550–650 million; dividend raised to $1.38/share.
Oct 30, 2025, 1:00 PM

Quarterly earnings call transcripts for HUNTINGTON INGALLS INDUSTRIES.