HII Logo

August 1, 2024

HII Reports Second Quarter 2024 Results

NewsNews ReleaseHII Corporate
Share:
HII Reports Second Quarter 2024 Results

 


 

  • Record second quarter revenues of $3.0 billion, up 6.8% compared to second quarter 2023


 

  • Operating income of $189 million, up 21.2% compared to second quarter 2023


 

  • Net earnings of $173 million or $4.38 diluted earnings per share


 

  • Delivered Virginia-class submarine New Jersey (SSN 796)


 

  • Delivered amphibious transport dock Richard M. McCool Jr. (LPD 29)


 

  • Company reaffirms previously issued shipbuilding guidance1


 

  • Company raises the Mission Technologies revenue guidance range1


 

  • Company reaffirms previously issued free cash flow2 outlook1


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.

Related News

October 21, 2026

HII Increases Quarterly Dividend to $1.41 per Share

October 20, 2026

Former HII CEO Mike Petters Joins Board of Directors

October 19, 2026

HII’s Ingalls Shipbuilding Awarded Contract Modification for DDG 1002 Sea Trials

Sign Up for Updates

Enter your email to receive news updates and insights.

By subscribing you agree to our Privacy Policy and provide consent to receive updates from HII.