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May 5, 2026

HII Reports First Quarter 2026 Earnings Results

News ReleaseHII Corporate
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HII Reports First Quarter 2026 Earnings Results

NEWPORT NEWS, Va. (May 5, 2026) - HII (NYSE: HII) today reported results for the first quarter of fiscal 2026.

**Highlights** •     First quarter revenues were $3.1 billion •     First quarter net earnings were $149 million or $3.79 diluted earnings per share •     Completed builder’s sea trials for aircraft carrier John F. Kennedy (CVN 79) •     New collective bargaining agreements ratified at Ingalls Shipbuilding that extend through 2031 •     Company reaffirms previously issued FY26 financial guidance1 1The financial outlook, expectations and other forward looking statements provided by the company for 2026 and beyond reflect the company's judgment based on information available at the time of this release. Please see the "Forward-looking Statements" section in this release and our Form 10-Q for factors that may impact the company's ability to meet expectations.

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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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