-
HII Q2 revenue up 10.9% to $3.4B, EPS $5.27; raises FY26 shipbuilding revenue guidance
Q2 revenues $3.4B (+10.9% YoY); net earnings $208M ($5.27 diluted EPS) vs $152M ($3.86) YoY.
-
HII Q1 revenue up 13.4% to $3.1B, EPS flat at $3.79, reaffirms FY26 guidance
Q1 revenue $3.1B (+13.4% YoY); net earnings $149M, diluted EPS $3.79 (flat YoY).
-
Huntington Ingalls annual meeting results: all director nominees elected, say-on-pay passes
All 11 director nominees elected; Tracy B. McKibben received 27.3M for, 4.2M against.
-
HII Q4 revenue $3.48B (+16% YoY), EPS $4.04; FY25 EPS $15.39; guides FY26 shipbuilding margin 5.5-6.5%
Q4 2025 revenue $3.48B vs $3.00B (+15.7%); diluted EPS $4.04 vs $3.15 (+28.3%).
-
HII reports record Q3 revenue of $3.2B, raises FY25 free cash flow guidance
Q3 revenues $3.2B (+16.1% YoY); net earnings $145M ($3.68 EPS vs $2.56 YoY).
-
HII Q2 revenue $3.1B (+3.5% YoY), EPS $3.86 down from $4.38; record backlog $56.9B
Net earnings $152M ($3.86 diluted EPS) vs $173M ($4.38) in Q2 2024.
-
Nick Stanage elected to HII board; board expands to 13 members
Nick L. Stanage, former Chairman/CEO/President of Hexcel Corp., elected to HII board effective July 29, 2025.
-
HII shareholders approve charter amendments on officer liability and special meeting at 2025 annual meeting
Stockholders approved amendment to eliminate personal liability of officers for fiduciary duty breaches (26M for, 5.5M against).
-
HII Q1 2025 revenue $2.7B (-2.5% YoY), EPS $3.79; reaffirms guidance
Revenue $2.7B, down 2.5% YoY; net earnings $149M ($3.79 diluted EPS) vs $153M ($3.87) in Q1 2024.
-
HII Q4 EPS $3.15, down 54% YoY; revenue $3.0B; free cash flow falls to $40M
Q4 revenue $3.0B (down from $3.2B); diluted EPS $3.15 (down from $6.90).
-
Huntington Ingalls closes $1B dual-tranche note offering (5.353% / 5.749%)
Issued $500M of 5.353% Senior Notes due Jan 2030 and $500M of 5.749% Senior Notes due Jan 2035.
-
HII names Kari Wilkinson president of Newport News Shipbuilding; Blanchette to lead Ingalls
Kari Wilkinson named president of Newport News Shipbuilding effective Jan 1, 2025, succeeding retiring Jennifer Boykin.
-
HII Q3 EPS $2.56 vs $3.70 YoY; FY24 FCF outlook cut to $0-100M from $600-700M
Q3 revenue $2.7B (-2.4% YoY); net earnings $101M ($2.56 diluted EPS) vs $148M ($3.70) YoY.
-
HII upsizes revolving credit facility to $1.7B, extends maturity to Sept 2029
Revolving credit facility increased from $1.5B to $1.7B and maturity extended to September 17, 2029.
-
HII Q2 revenue $3.0B (+6.8%), EPS $4.38 vs $3.27; raises Mission Tech guidance
Revenue $3.0B, up 6.8% YoY; operating income $189M, up 21.2%.
-
HII board adopts annual advisory say-on-pay vote policy effective July 30, 2024
Stockholders at May 1, 2024 annual meeting selected '1 Year' as preferred frequency for say-on-pay.
-
HII Q1 revenue up 4.9% to $2.8B, EPS $3.87, backlog $48.4B, reaffirms guidance
Revenue $2.8B (+4.9% YoY), operating income $154M (+9.2% YoY).
-
HII stockholders elect all 12 directors, approve say-on-pay, defeat climate proposal
All 12 director nominees elected; most received >31.6M votes for, but Harker (1.68M against) and Kelly (1.36M against) had notable opposition.
-
HII Q4 revenue up 13% to record $3.2B; diluted EPS $6.90; sees FY24 FCF $600-700M
Q4 revenue $3.2B (+13% YoY); full-year record revenue $11.5B (+7.3%).
-
HII amends Code of Ethics effective Jan 1, 2024; raises gift threshold to $100
Board approved amendments effective Jan 1, 2024, including updated CEO letter and added mission statement.
-
HII Q3 revenue $2.8B (+7.2%), EPS $3.70; raises FY23 FCF guidance
Revenue $2.8B (+7.2% YoY); net earnings $148M; diluted EPS $3.70 vs $3.44 YoY.
-
HII Elects Retired Admiral Craig Faller to Board, Effective Oct. 3
Adm. Craig Faller (Ret.) elected to HII board effective Oct. 3, 2023; term expires at 2024 annual meeting.
-
HII Q2 rev $2.8B (+4.7%), EPS $3.27 (down 26%), FCF $14M (down 93%)
Record Q2 revenue of $2.8B, up 4.7% YoY driven by Newport News Shipbuilding and Mission Technologies growth.
-
HII shareholders elect all 11 director nominees, vote down lobbying disclosure proposal
All 11 director nominees elected; highest vote: Leo P. Denault (32.5M for), lowest: Kirkland H. Donald (31.0M for).
-
HII Q1 revenue $2.7B (+3.8% YoY); EPS $3.23 vs $3.50; backlog $47B; reaffirms FY23 guidance
Revenue $2.7B, up 3.8% YoY; net earnings $129M ($3.23 diluted EPS).
-
HII amends revolving and term loan credit agreements to replace LIBOR with SOFR-based rate
Effective April 24, 2023, amended credit agreements replace LIBOR with Term SOFR (for revolving) and Daily Simple SOFR (for term loan).
-
HII Q4 revenue $2.8B (+5% YoY); full-year EPS $14.44; reaffirms 5-yr FCF target of ~$2.9B
Q4 revenue $2.8B, up 5% YoY; operating margin 3.7% vs 4.5% in Q4 2021.
-
Huntington Ingalls EVP and Vice Chair C. Michael Petters to retire from Board Dec 31
C. Michael Petters will retire from the Board of Directors effective December 31, 2022.
-
HII elects former Entergy CEO Leo Denault to board of directors
Denault elected effective December 5, 2022, term expires at 2023 annual meeting.
-
Huntington Ingalls amends bylaws, adopts majority voting and universal proxy rules
Adopted majority vote standard for director elections in uncontested elections.
-
HII Q3 revenue up 12.3% to $2.6B; EPS $3.44; narrows FY22 guidance, raises FCF outlook
Revenue $2.6B, up 12.3% YoY; net earnings $138M, diluted EPS $3.44 (vs $3.65 prior year).
-
HII Q2 revenue $2.7B (+19%), EPS $4.44; revises Mission Tech revenue guidance lower
Q2 revenue $2.7B (+19.3% YoY); net earnings $178M ($4.44 diluted EPS vs $3.20).
-
Director Philip M. Bilden resigns from Huntington Ingalls Board
Philip M. Bilden resigned from HII Board effective July 20, 2022.
-
HII stockholders approve 2022 Long-Term Incentive Stock Plan
Plan authorizes stock options, SARs, restricted stock, RSUs, DSUs, performance shares, units, and other awards.
-
HII stockholders elect all 13 directors, approve executive compensation and 2022 LTIP
All 13 director nominees elected with 31M–33M votes for; broker non-votes ~2.9M.
-
HII Q1 revenue $2.6B (+13.1%), EPS $3.50; reaffirms FY22 guidance
Net earnings $140M ($3.50 diluted EPS) vs $148M ($3.68) YoY; operating margin 5.4% vs 6.5%.
-
Huntington Ingalls discloses CEO Kastner's compensation: $1.186M salary, $4.4M RPSR target
Base salary increased to $1,186,000 from $700,000 effective February 28, 2022.
-
CEO C. Michael Petters retires, transitions to Executive Vice Chairman effective March 1, 2022
Petters steps down as President and CEO; becomes Executive Vice Chairman of the Board.
-
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%.
-
HII names Chris Kastner President & CEO effective March 1; Mike Petters becomes Executive Vice Chairman
Christopher D. Kastner, currently COO, elected President and CEO and to the Board, effective March 1, 2022.
-
HII elects former Navy General Counsel Frank R. Jimenez to board of directors
Frank R. Jimenez elected to HII Board effective Jan. 27, 2022; term expires at 2022 annual meeting.
-
HII completes Alion acquisition; Alion FY2020 revenue $1.065B, op income $62.2M
Alion FY2020 (Sept 30) contract revenue $1.065B, +15% YoY from $924M; operating income $62.2M vs $37.2M.
-
HII reports Q3 2021 EPS of $3.65; revenue $2.3B, up 1%; FCF $277M; raises FCF guidance to $300-350M
Diluted EPS $3.65 vs $5.45 YoY; pension adjusted EPS $3.58 vs $3.73.
-
HII completes $1.65B cash acquisition of Alion Science & Technology from Veritas
Acquired all outstanding Alion common stock for $1.65 billion in cash, subject to adjustments.
-
HII raises $1B in senior notes to fund Alion acquisition; rates 0.670% and 2.043%
Issued $400M 0.670% senior notes due 2023 and $600M 2.043% senior notes due 2028.
-
HII prices $1B senior notes (0.67% due 2023, 2.043% due 2028) to fund Alion acquisition
$400M of 0.670% Senior Notes due 2023 and $600M of 2.043% Senior Notes due 2028 priced.
-
HII Q2 revenue up 10.1% to $2.2B; EPS $3.20 vs $1.30; announces Alion acquisition
Revenue $2.23B (+10.1%); operating income $128M (5.7% margin) vs $57M (2.8%).
-
HII to acquire Alion Science and Technology for $1.65 billion in cash
HII acquires all outstanding common stock of Alion Holding Corp. for $1.65B cash, subject to working capital and purchase price adjustments.
-
HII to acquire Alion Science and Technology for $1.65B in cash from Veritas Capital
Acquisition of Alion for $1.65B cash; enterprise value to 2022 adjusted EBITDA multiple of ~12.2x.