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Huntington Ingalls Inds Inc - HII STOCK NEWS

Welcome to our dedicated page for Huntington Ingalls Inds news (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Inds stock.

Huntington Ingalls Industries (HII) is America's largest military shipbuilder, delivering advanced naval defense systems and mission technologies. This page provides investors and industry professionals with verified updates on corporate developments shaping national security markets.

Access official press releases, earnings reports, and analysis of defense contracts. Track naval engineering milestones, government partnerships, and innovations from HII's Mission Technologies division through curated updates sourced directly from company communications.

Key updates include quarterly financial results, vessel delivery announcements, cybersecurity advancements, and Department of Defense procurement awards. All content adheres to financial disclosure standards for reliable decision-making.

Bookmark this page to monitor HII's strategic initiatives in military shipbuilding and unmanned systems through a single authoritative channel.

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Defense companies HII and Babcock Australasia have partnered with the University of Adelaide, Curtin University, and the University of NSW to form the AUKUS Workforce Alliance (AWA). The AWA aims to develop a skilled workforce to support Australia's nuclear-powered submarine enterprise. It will provide training and education programs for qualified workers in engineering, maritime, and nuclear trades. The alliance will establish a platform for skill enhancement, lead upskilling programs, and promote cutting-edge research for the future workforce.
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HII's Newport News Shipbuilding division is making progress in workforce development acceleration and meeting hiring demand for skilled trades positions through community outreach efforts and on-site hiring events. They recently participated in a career and job fair, where hundreds of people, including local high school students, met with NNS talent acquisition representatives.
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Huntington Ingalls Industries (HII), a U.S. defense company, has launched a targeted advertising campaign to showcase its platforms, technologies, and solutions. The campaign highlights HII's role as a military shipbuilder and expert in unmanned systems, cyber and electronic warfare, ISR, artificial intelligence, machine learning, and advanced synthetic training. The campaign coincides with Veteran's Day and National U.S. Navy Aircraft Carrier Month. HII is committed to meeting the dynamic requirements of the U.S. Department of Defense and its international allies.
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HII (NYSE:HII) reported record third quarter revenues of $2.8 billion, up 7.2% compared to the same period last year. Net earnings were $148 million, with diluted earnings per share of $3.70. The company achieved free cash flow of $293 million in the quarter. New contract awards totaled $5.4 billion, resulting in a backlog of approximately $49 billion. HII reaffirmed its shipbuilding and Mission Technologies FY23 margin guidance, increased its shipbuilding midpoint and Mission Technologies FY23 revenue guidance, and raised its FY23 free cash flow guidance.
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HII (NYSE: HII) has announced a quarterly cash dividend of $1.30 per share, a $0.06 increase from the previous four quarters. The dividend will be payable on Dec. 8, 2023, to shareholders of record as of Nov. 24, 2023.
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HII's Mission Technologies division has been awarded a $79 million contract to support the Missile Defense Agency's mission to develop a missile defense system. The contract has a seven-year period of performance with a two-year base. HII has performed similar work for the MDA since 2018 under a previously awarded contract.
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HII to celebrate the opening of Newport News Shipbuilding Norfolk Campus to support more effective and efficient shipbuilding.
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HII appoints Brig. Gen. Paul Tennant as corporate vice president of engagement and international government relations. Tennant will inform national security policy and lead international initiatives, including the AUKUS partnership. He brings over 30 years of leadership and security cooperation expertise.
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HII's Mission Technologies division awarded $134 million contract for software development support for the U.S. Navy
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HII partnerships celebrate workforce development milestones
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Huntington Ingalls Inds Inc

NYSE:HII

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HII Stock Data

8.46B
38.89M
0.72%
95.77%
6.47%
Aerospace & Defense
Ship & Boat Building & Repairing
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United States
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