May 2, 2024
HII Reports First Quarter 2024 Results
NewsNews ReleaseHII Corporate
- Record first quarter revenues of $2.8 billion, up 4.9% compared to first quarter 2023
- Operating income of $154 million, up 9.2% compared to first quarter 2023
- Net earnings of $153 million or $3.87 diluted earnings per share
- New contract awards of $3.1 billion, resulting in backlog of $48.4 billion
- Company reaffirms previously issued financial guidance1
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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