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 Seapower Company. The nation’s largest shipbuilder, HII builds the manned and unmanned maritime systems and all-domain mission technologies that project U.S. and allied power around the world. With a more than 140-year history of advancing U.S. national security, HII is headquartered in Virginia and employs 45,000 people across three divisions.
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