Recent Updates — HII
Huntington Ingalls Industries reported third-quarter net earnings of $217 million, or $5.48 diluted earnings per share, up from $145 million in the prior-year period. Revenues reached a record $3.5 billion, driven by growth at Newport News Shipbuilding and Ingalls Shipbuilding. The company secured new contract awards totaling $32.4 billion during the quarter. Management raised its full-year 2026 shipbuilding revenue guidance range to between $10.5 and $10.7 billion while reaffirming an operating margin target of 6.0% to 6.5%. Huntington Ingalls Industries is the largest shipbuilder in the United States, constructing manned and unmanned maritime systems for national security.
The Board of Directors elected C. Michael Petters, the company's former President and Chief Executive Officer who retired in January 2023, as a director effective October 19, 2026. The board simultaneously approved an increase in its size from eleven to twelve members. Mr. Petters was appointed to the Cybersecurity and Finance Committees and will receive an annual cash retainer of $130,000 plus committee retainers, along with a prorated equity grant valued at $195,000 in deferred stock units. Huntington Ingalls Industries is the nation's largest shipbuilder, constructing manned and unmanned maritime systems for the U.S. Navy.
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.
Huntington Ingalls Industries, Inc. announced its financial results for the first quarter ended March 31, 2026, through a press release and earnings presentation. The filing serves to formally disclose the company's quarterly results of operations and financial condition.
Huntington Ingalls Industries held its 2026 Annual Meeting of Stockholders, where shareholders elected 11 directors and ratified Deloitte & Touche LLP as independent auditors. A stockholder proposal requesting an annual report on the company's political spending was defeated, receiving 3,556,445 votes in favor and 27,876,860 votes against.
Huntington Ingalls Industries, Inc. issued a press release on February 5, 2026, announcing its financial results for the fourth quarter ended December 31, 2025. The filing also includes the company's earnings presentation for the quarter.