Huntington Ingalls Industries reported second quarter 2026 results with revenues of $3.4 billion, up 10.9% year-over-year, and net earnings of $208 million, or $5.27 diluted EPS. The company raised its full-year 2026 shipbuilding revenue guidance to between $10.2 and $10.4 billion and increased the low end of its operating margin guidance range. New contract awards totaled $6.7 billion, bringing total backlog to $57.3 billion as of June 30, 2026. The company reaffirmed its free cash flow outlook for the year between $500 million and $600 million. Huntington Ingalls Industries is a defense contractor that designs, builds, and maintains nuclear-powered ships and provides mission technologies to U.S. and allied customers.
