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May 4, 2023

HII Reports First Quarter 2023 Results

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HII Reports First Quarter 2023 Results

 


 

  • Record first quarter revenues of $2.7 billion, up 3.8% compared to first quarter 2022


 

  • Net earnings of $129 million or $3.23 diluted earnings per share


 

  • Awarded $1.3 billion contract for amphibious transport dock LPD 32


 

  • Company reaffirms FY23 guidance expectations1 
     

Download the pdf for full results. 
 

 

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong.

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