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Companies · HII

HII Reported this cycle

Huntington Ingalls

Newport News, VA Founded 2011 Defense & Aerospace

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Oct 29, 2026

HII posts record Q3 2026 revenue of $3.5B, secures $32.4B in new awards, and raises shipbuilding revenue and Mission Technologies margin guidance.

HII delivered record third-quarter sales of $3.5 billion, up 10.8% year-over-year, driven by 18.1% Newport News growth and an unprecedented $32.4 billion awards quarter anchored by Block VI Virginia-class, Columbia Build 2, and CVN-82 long-lead contracts. Total backlog reached $86.2 billion, with an additional $5.1 billion CVN-75 RCOH award to be recognized in Q4, providing exceptional multi-year execution visibility. Management raised full-year shipbuilding revenue guidance to $10.5B–$10.7B and increased Mission Technologies operating margin expectations to approximately 6%, reflecting sustained throughput gains and a maturing autonomous systems franchise now generating over $200 million in annual revenue.

Tone: bullish

Revenue

$12.5B

HII 10-K · FY 2025

Employees

44,000

Revenue FY2024

$11.5B

Founded

2011

Profile

HII 10-K Item 1 · Feb 5, 2026

Huntington Ingalls Industries (HII) is America's largest shipbuilder, designing and constructing nuclear and non-nuclear naval vessels for the U.S. Navy and Coast Guard. The company also operates a Mission Technologies segment delivering C5ISR, cybersecurity, AI/ML, and unmanned systems solutions to defense and federal customers. HII employs over 44,000 people across three segments: Ingalls, Newport News, and Mission Technologies.

Read filing description ↓

Huntington Ingalls Industries, Inc. is a global, all-domain defense partner, building and delivering the world's most powerful, survivable naval ships and technologies that safeguard America's seas, sky, land, space, and cyber. For more than a century, our Ingalls Shipbuilding segment in Mississippi and Newport News Shipbuilding segment in Virginia have built more ships in more ship classes than any other U.S. naval shipbuilder, making us America's largest shipbuilder. Our Mission Technologies segment develops integrated technology solutions and products that enable today's connected, all-domain force. We conduct most of our business with the U.S. Government, primarily the Department. As prime contractor, principal subcontractor, team member, or partner, we participate in many high-priority U.S. defense programs. Ingalls includes our non-nuclear ship design, construction, repair, and maintenance businesses. Newport News includes all of our nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. Our Mission Technologies segment provides a wide range of services and products, including command, control, computers, communications, cyber, intelligence, surveillance, and reconnaissance systems and operations; the application of artificial intelligence and machine learning to battlefield decisions; defense and offensive cyberspace strategies and electronic warfare; unmanned autonomous systems; live, virtual, and constructive training solutions; platform modernization; and critical nuclear operations.

Primary products

  • Amphibious assault ships (LHA)
  • Amphibious transport dock ships (LPD)
  • Arleigh Burke class guided missile destroyers (DDG 51)
  • National security cutters (NSC)
  • Nuclear-powered aircraft carriers (CVN)
  • Virginia class fast attack nuclear submarines (SSN 774)

Business segments

Ingalls Shipbuilding Newport News Shipbuilding Mission Technologies

End markets

U.S. Navy U.S. Coast Guard Department of Defense Department of Energy Federal civilian agencies Intelligence community International defense customers

Geographies

United States United Kingdom Australia

Named customers

U.S. Navy U.S. Coast Guard Department of Defense Department of Energy

In 2025, 2024, and 2023, approximately 81%, 80%, and 81%, respectively, of our revenues were generated from the U.S. Navy.

Named competitors

General Dynamics
“For certain ships and nuclear-powered submarines, we currently are the only, or one of the only, companies capable of building such ships or submarines, including LHAs and LPDs for the U.S. Navy and NSCs for the U.S. Coast Guard.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Total consolidated sales and service revenues increased from $11,535 million in 2024 to $12,484 million in 2025, driven by growth across all three segments — Ingalls, Newport News, and Mission Technologies.

The rest of HII is for subscribers

Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

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