HII's Ingalls Shipbuilding division has extended its distributed shipbuilding approach to the U.S. Navy's amphibious transport dock program, starting with the Philadelphia (LPD 32). This strategy, proven successful in their destroyer program, involves outsourcing modular unit construction to trusted partners, allowing parallel work and freeing Ingalls to focus on complex assembly. The move aims to increase production capacity to meet growing Navy fleet demands, with plans to boost outsourced shipbuilding hours by 30% in 2026. This expansion supports HII's commitment to enhancing throughput and strengthening the national industrial base.
Huntington Ingalls Industries reported Q2 revenue of $3.4 billion, surpassing analyst estimates of $3.15 billion, driven by strong performance in its Newport News and Ingalls shipbuilding divisions. The company posted diluted earnings per share of $5...
HII reported second quarter 2026 revenues of $3.4 billion, up 10.9% from last year, driven by growth in its Newport News and Ingalls Shipbuilding divisions. Net earnings rose 36.8% to $208 million, with diluted EPS increasing to $5.27 from $3.86. The...
HII's Newport News Shipbuilding division, part of the U.S. nuclear submarine team, secured $76.6 billion in contracts to build five Columbia-class and nine Virginia-class submarines. Newport News will deliver six Virginia-class subs and major module ...
HII announced a quarterly cash dividend of $1.38 per share, payable on September 11, 2026, to shareholders of record as of August 28, 2026. This dividend reflects HII's ongoing commitment to returning value to its investors. As America’s largest ship...
HII hosted Australian Minister for Defence Industry Pat Conroy at its Newport News Shipbuilding Charleston Operations to support the AUKUS partnership between Australia, the UK, and the US. The visit highlighted HII's efforts to increase shipbuilding...
