HII Reports Second Quarter 2022 Results
Revenues were $2.7 billion in the quarter Net earnings of $178 million or $4.44 diluted earnings per share Free cash flow1 of $208 million in the quarter Reaffirms FY22 shipbuilding revenue1 and segment operating margin1 guidance Revises FY22 Mission Technologies revenue guidance Reaffirms FY22 free cash flow1 guidance NEWPORT NEWS, Va. (Aug. 4, 2022) –
HII Declares Quarterly Dividend
NEWPORT NEWS, Va. (Aug. 2, 2022) — HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, payable on Sept. 9, 2022, to shareholders of record as of the close of business on Aug. 26, 2022. #### About HII HII is an all-domain defense and technologies
Ingalls Shipbuilding planning to add 2,000 more workers to current 11,300-member workforce
Originally posted from author Becky Gillette of the MS Business Journal. For the full article, visit djjournal.com. HII’s Ingalls Shipbuilding in Pascagoula, the largest manufacturing employer in Mississippi, currently has more than 11,300 people on staff, including union-represented craftsmen and women, engineers, planners, supply chain specialists, business management and program management professionals. The company’s weekly
Father and Son Part of Enterprise Lore
More than half a century ago, a sailor named Dave Williams boarded Enterprise (CVN 65), the world’s first nuclear-powered aircraft carrier, as a member of the original crew. He was onboard when the ship responded to the Cuban Missile Crisis in 1962. Later, Williams left the Navy and came to work at Newport News Shipbuilding. But he
HII is Awarded Electromagnetic Spectrum Contract to Support DOD CIO
MCLEAN, Va. (July 25, 2022) — HII’s (NYSE: HII) Mission Technologies division has been awarded a task order to provide spectrum assessments across technical, policy and strategy areas for the Department of Defense Chief Information Officer. “Spectrum” refers to the range of invisible radio frequencies across which wireless signals travel. Consumers rely on spectrum for
HII’s Ingalls Shipbuilding Awarded DDG(X) Design Engineering Contract
PASCAGOULA, Miss., (July 22, 2022) – HII (NYSE:HII) announced today that its Ingalls Shipbuilding division has been awarded a cost-plus-incentive-fee contract for engineering and design from the U.S. Navy for the next-generation guided-missile destroyer (DDG(X)) program. “We are excited to continue on this path with our Navy and industry partners,” Ingalls Shipbuilding President Kari Wilkinson
HII Positions Senior Team to Accelerate Newport News Shipbuilding Transformation and Execution
NEWPORT NEWS, Va. (July 20, 2022) — All-domain defense and technologies partner HII’s (NYSE: HII) Newport News Shipbuilding division announced today several promotions designed to optimize its shipyard operations and accelerate execution. “We have been on an aggressive journey to transform the way we run our business. Accomplishing this transformation while running our complex business