NEWPORT NEWS, Va. (July 31, 2025) — HII (NYSE: HII) today reported results for the second quarter of fiscal 2025.

Highlights

• Second quarter revenues were $3.1 billion
• Second quarter net earnings were $152 million or $3.86 diluted earnings per share
• New contract awards of $11.9 billion, resulting in record backlog of $56.9 billion
• Entered into a strategic partnership with C3 AI to expand our use of digital technologies and apply artificial intelligence to accelerate shipbuilding throughput
• Reaffirming FY25 segment revenue and operating margin guidance¹

¹The financial outlook, expectations and other forward looking statements provided by the company for 2025 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.

Read below for HII’s second quarter 2025 results.