secwatch.observer — SEC 8-K summary
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Issuer:     HUNTINGTON INGALLS INDUSTRIES, INC. (HII)
CIK:        0001501585
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001501585-22-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HII Q2 revenue $2.7B (+19%), EPS $4.44; revises Mission Tech revenue guidance lower
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- Q2 revenue $2.7B (+19.3% YoY); net earnings $178M ($4.44 diluted EPS vs $3.20).
- Segment operating income $225M (+33% YoY); Ingalls margin 16.1%, Newport News 6.6%, Mission Tech 4.2%.
- Free cash flow $208M (vs $23M YoY); backlog $47.2B; new awards $2.0B.
- Reaffirmed FY22 shipbuilding revenue $8.2-8.5B, margin 8.0-8.1%; trimmed Mission Tech revenue to $2.4-2.6B.
- CEO cites consistent execution; Alion acquisition added $363M to Mission Tech revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000024/0001501585-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000024/hii2022q2earningsrelease8-k.htm
  HTML page:      https://secwatch.observer/filing/0001501585-22-000024

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