---
schema_version: "secwatch.filing_event.v1"
accession: "0001501585-24-000040"
form_type: "8-K"
ticker: "HII"
cik: "0001501585"
company_name: "HUNTINGTON INGALLS INDUSTRIES, INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:23:31.022489+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HII Q3 EPS $2.56 vs $3.70 YoY; FY24 FCF outlook cut to $0-100M from $600-700M

## Summary
- Q3 revenue $2.7B (-2.4% YoY); net earnings $101M ($2.56 diluted EPS) vs $148M ($3.70) YoY.
- Newport News Shipbuilding took $78M unfavorable cumulative adjustment; segment operating margin fell to 3.5% from 6.6%.
- FY24 free cash flow outlook slashed to $0-100M from $600-700M; shipbuilding operating margin cut to 5-6% from 7.6-7.8%.
- CEO cites uncertainty on submarine block awards, supply chain delays, labor inefficiency, and rework as performance drivers.
- New contract awards $3.6B in Q3; total backlog $49.4B as of Sept 30, 2024.

## SEC filing metadata
- accession: 0001501585-24-000040
- form_type: 8-K
- ticker: HII
- cik: 0001501585
- company_name: HUNTINGTON INGALLS INDUSTRIES, INC.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1501585/000150158524000040/0001501585-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1501585/000150158524000040/hii-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001501585-24-000040
- JSON: https://secwatch.observer/filing/0001501585-24-000040.json
- Plain text: https://secwatch.observer/filing/0001501585-24-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.