secwatch.observer — SEC 8-K summary
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Issuer:     HUNTINGTON INGALLS INDUSTRIES, INC. (HII)
CIK:        0001501585
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001501585-21-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HII reports Q3 2021 EPS of $3.65; revenue $2.3B, up 1%; FCF $277M; raises FCF guidance to $300-350M
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- Diluted EPS $3.65 vs $5.45 YoY; pension adjusted EPS $3.58 vs $3.73.
- Revenue $2.3B, +1% YoY; operating margin 5.0% (down from 9.6%) due to FAS/CAS; segment margin 7.0% flat.
- Free cash flow $277M vs $160M YoY; cash from operations $350M.
- Alion acquisition closed Aug 19; contributed $163M revenue; $15M transaction expenses.
- Updated 2021 outlook: Shipbuilding revenue ~$8.2B, Tech Solutions ~$1.4B, FCF $300-350M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1501585/000150158521000034/0001501585-21-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1501585/000150158521000034/hii-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001501585-21-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer