August 1, 2024
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 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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