C. Michael Petters
On October 19, 2026, the Board of Directors of Huntington Ingalls Industries, Inc. (the “Company”) elected C. Michael Petters to the Board of Directors effective October 19, 2026.
Highest-materiality recent filing
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).
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.
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 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 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 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 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 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 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 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 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.
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).
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%.
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 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 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.
On October 19, 2026, the Board of Directors of Huntington Ingalls Industries, Inc. (the “Company”) elected C. Michael Petters to the Board of Directors effective October 19, 2026.
Kara R. Wilkinson was elected by the Board of Directors of Huntington Ingalls Industries, Inc. (the "Company") to serve as Executive Vice President and President, Newport News Shipbuilding, effective January 1, 2025, concurrent with the retirement of Jennifer R. Boykin from that position, effective January 1, 2025.
Kara R. Wilkinson was elected by the Board of Directors of Huntington Ingalls Industries, Inc. (the "Company") to serve as Executive Vice President and President, Newport News Shipbuilding, effective January 1, 2025, concurrent with the retirement of Jennifer R. Boykin from that position, effective January 1, 2025.
On October 2, 2023, the Board of Directors (the “Board”) of Huntington Ingalls Industries, Inc. (the “Company”) elected Admiral Craig S. Faller (RET) as a member of the Board, effective October 3, 2023, with a term expiring at the 2024 annual meeting of stockholders.
On December 16, 2022, C. Michael Petters informed Huntington Ingalls Industries, Inc. (the “Company”) of his decision to retire from the Company’s Board of Directors effective December 31, 2022. He will also retire from his position as Executive Vice President and Vice Chair.
On December 5, 2022, the Board of Directors (the “Board”) of Huntington Ingalls Industries, Inc. (the “Company”) elected Leo P. Denault as a member of the Board, effective immediately, with a term expiring at the 2023 annual meeting of stockholders.
On and effective July 20, 2022, Philip M. Bilden informed Huntington Ingalls Industries, Inc. (the “Company”) of his decision to resign from the Company’s Board of Directors.
C. Michael Petters would retire from his position as President and Chief Executive Officer (Principal Executive Officer) and transition to his new position as an employee of the Company and Executive Vice Chairman of the Board of Directors, effective March 1, 2022.
Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.
Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.
Mr. Petters has been elected by the Board to become Executive Vice Chairman of the Board, effective as of March 1, 2022.
C. Michael Petters, who will retire from his role as President and Chief Executive Officer (Principal Executive Officer) effective as of March 1, 2022.
Max materiality 0.90 · Median 0.65 · Most common event earnings