August 3, 2023
HII Reports Second Quarter Earnings 2023
• Record second quarter revenues of $2.8 billion, up 4.7% compared to second quarter 2022
• Net earnings of $130 million or $3.27 diluted earnings per share
• Company reaffirms shipbuilding and Mission Technologies FY23 guidance1
• Company reaffirms free cash flow2 guidance1
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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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