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HII Reports First Quarter 2024 Results

Lpd 29 Bravo Sea Trials Rh January 31, 2024 6

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  • 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

1The financial outlook, expectations and other forward looking statements provided by the company for 2024 and beyond reflect the company’s judgment based on information available at the time of this release.

Read below for HII’s first quarter 2024 results.

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