HII Logo

August 3, 2023

HII Reports Second Quarter Earnings 2023

NewsNews ReleaseHII Corporate
Share:
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

 

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 44,000 strong.

Media Contact

Related News

June 18, 2026

HII Supports Multinational Mine Countermeasures Exercise in New Zealand with HII REMUS 300 UUVs and HII ODYSSEY Autonomy

June 16, 2026

HII Delivers First of the Newest REMUS Variant: 130

June 15, 2026

HII Leads Successful DefenseTech LIVE Event, Advancing Speed, Integration, and Mission Driven Innovation

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.