secwatch.observer — SEC 8-K summary
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Issuer:     HUNTINGTON INGALLS INDUSTRIES, INC. (HII)
CIK:        0001501585
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001501585-22-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HII Q3 revenue up 12.3% to $2.6B; EPS $3.44; narrows FY22 guidance, raises FCF outlook
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- Revenue $2.6B, up 12.3% YoY; net earnings $138M, diluted EPS $3.44 (vs $3.65 prior year).
- Segment operating income $166M, operating margin 6.3% (down from 7.0% YoY).
- Free cash flow negative $96M in Q3; FY22 FCF guidance raised to ~$350M from $200-250M.
- New awards $2.1B in quarter; total backlog $46.7B as of Sep 30, 2022.
- FY22 shipbuilding revenue guidance narrowed to $8.2-8.3B; Mission Technologies rev ~$2.4B, segment margin ~2.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000032/0001501585-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1501585/000150158522000032/hii-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001501585-22-000032

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