secwatch.observer — SEC 8-K summary
======================================

Issuer:     HUNTINGTON INGALLS INDUSTRIES, INC. (HII)
CIK:        0001501585
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001501585-22-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.68
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HII Q4 EPS $2.99 vs $6.15 YoY; 2022 shipbuilding margin guidance 8.0-8.1%
-------------------------------------------------------------------------

- Q4 revenues $2.7B (-2.9%), operating margin 4.5% vs 11.1%; full-year revenues $9.5B (+1.7%), operating margin 5.4%.
- Diluted EPS $13.50 for 2021 vs $17.14; pension-adjusted EPS $13.03 vs $10.00 (non-GAAP).
- Segment operating margin improved to 7.2% for 2021 vs 5.9% in 2020; Newport News segment op. income up 51%.
- Backlog $48.5B at Dec. 31, 2021; new contract awards ~$1.0B in Q4.
- 2022 outlook: shipbuilding revenue $8.2-8.5B, shipbuilding op. margin 8.0-8.1%; free cash flow $300-350M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000004/0001501585-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000004/hii-20220210.htm
  HTML page:      https://secwatch.observer/filing/0001501585-22-000004

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