February 9, 2023
HII REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
Revenues were $2.8 billion in the fourth quarter, $10.7 billion in 2022
Diluted earnings per share was $3.07 in the fourth quarter, $14.44 in 2022
Cash from operations was $766 million, and free cash flow1 was $494 million in 2022
Reaffirms 5-year free cash flow1 target and provides FY23 guidance Read below for HII’s fourth quarter and full year 2022 results.
Read below for HII’s fourth quarter and full year 2022 results.
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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 45,000 strong.
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