HII Q2 revenue up 10.1% to $2.2B; EPS $3.20 vs $1.30; announces Alion acquisition

HUNTINGTON INGALLS INDUSTRIES, INC.

2021-Q2 EPS reported $6.87 revenue$4,509,000,000

Revenue $2.23B (+10.1%); operating income $128M (5.7% margin) vs $57M (2.8%).
Diluted EPS $3.20; pension-adjusted EPS $3.05 vs $(0.49) prior year.
Newport News Shipbuilding revenue $1.36B (+21.5%); segment op income $76M vs $(69M) loss.
New contract awards ~$1.2B; total backlog $47.7B as of June 30, 2021.
Announced agreement to acquire Alion Science and Technology (terms not disclosed).

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