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Huntington Ingalls Industries, Inc. reports developments across U.S. military shipbuilding and defense mission technologies. The company’s Ingalls Shipbuilding division builds non-nuclear surface ships such as Arleigh Burke-class guided missile destroyers and supports new frigate work, while Newport News Shipbuilding builds nuclear-powered aircraft carriers and participates in U.S. submarine programs.
Recurring HII news includes U.S. Navy contract awards, ship deliveries and sea-trial milestones, distributed shipbuilding initiatives, workforce pipelines through shipyard academies and apprenticeships, quarterly earnings, and cash dividends. Mission Technologies updates cover unmanned and autonomous maritime platforms, including REMUS unmanned underwater vehicles, and defense capabilities tied to C6ISR, artificial intelligence and machine learning, electronic warfare, and synthetic training.
HII (NYSE: HII) signed long-term, performance-based production agreements with Path Robotics and GrayMatter Robotics under the HYPR Program. HII intends to award up to $900 million in shipbuilding work over seven years, contingent on technology, manufacturing readiness and performance milestones defined in the agreements.
The partners plan to develop and deploy advanced physical AI automation for U.S. Navy shipbuilding, covering processes such as welding, grinding, blasting, painting, assembly and inspection. HII plans in 2026 to outsource more than 2.5 million hours of shipbuilding work, a 30% increase from 2025, to expand distributed shipbuilding capacity.
HII (NYSE: HII) and HD Hyundai Heavy Industries are advancing their strategic partnership with a pilot program to deploy additional intelligent mechanized welding systems at HII’s Ingalls Shipbuilding division in Pascagoula, Mississippi.
The pilot extends Ingalls’ existing automation strategy into unit-fabrication areas that rely mainly on manual welding. The systems automatically recognize workpieces and welding conditions, adjust welding positions in real time, and capture process data to support quality control, process improvement and traceability. Ingalls has aligned the machines with U.S. Navy fabrication standards and will use the pilot to identify efficiency gains as part of broader automation, robotics, and AI-enabled initiatives across HII’s shipyards.
HII (NYSE:HII) has appointed Chris Helton as vice president of infrastructure and sustainability at its Newport News Shipbuilding division, effective Aug. 31. Helton will oversee infrastructure modernization, facilities, environmental health and safety, and security, reporting to Karey Malyszko, NNS vice president of quality, process excellence and plant operations.
Helton brings 35 years of shipbuilding experience from HII’s Ingalls Shipbuilding division, where he held roles in engineering, facilities, maintenance and planning, contributed to post-Hurricane Katrina recovery, and most recently served as director of post-launch electrical operations. He holds a bachelor’s degree in industrial engineering technology and an MBA from the University of Southern Mississippi.
HII (NYSE: HII) reported second quarter 2026 revenues of $3.4 billion, up 10.9% year over year, with operating income of $210 million and net earnings of $208 million, or $5.27 diluted EPS versus $3.86 a year ago.
Segment operating income was $224 million (6.6% margin). Ingalls revenues rose 16.7% to $845 million, Newport News revenues rose 15.3% to $1.8 billion, while Mission Technologies revenues declined 3.9% to $760 million but improved margin to 7.2%. New awards were $6.7 billion, taking backlog to $57.3 billion at June 30, 2026.
Net cash used in operating activities was $31 million, with free cash flow of negative $150 million. For FY26, the company raised shipbuilding revenue guidance to $10.2–$10.4 billion, increased the low end of shipbuilding operating margin guidance to 6.0–6.5%, and reaffirmed free cash flow outlook of $500–$600 million.
HII (NYSE: HII) reports that the U.S. nuclear submarine shipbuilding team, including its Newport News Shipbuilding (NNS) division, has received approximately $76.6 billion in U.S. Navy contract modifications shared with General Dynamics Electric Boat. The funding covers construction of five additional Columbia-class and nine additional Virginia-class submarines plus shipyard infrastructure.
NNS will be the delivery yard for six Virginia-class submarines and will build and deliver six module sections per Columbia-class submarine. NNS and Electric Boat have delivered 26 Virginia-class submarines to date.
HII (NYSE: HII) announced that its Board of Directors has declared a quarterly cash dividend of $1.38 per share. The dividend is payable on September 11, 2026 to shareholders of record as of the close of business on August 28, 2026.
HII (NYSE:HII) announced that its Ingalls Shipbuilding division has expanded its distributed shipbuilding strategy to the U.S. Navy’s amphibious transport dock program, starting with Philadelphia (LPD 32). Eight structural units for LPD 32 have been awarded to two partners and entered early production, leveraging the model used on Flight III destroyers. HII reported that it doubled distributed shipbuilding workload last year and plans to increase outsourced shipbuilding hours by 30% in 2026, with amphibious ships providing a significant portion of that growth.
HII (NYSE: HII) hosted Australian Minister for Defence Industry Pat Conroy at its Newport News Shipbuilding Charleston Operations in Goose Creek, South Carolina, to highlight support for the AUKUS trilateral partnership and Australia’s pathway to a conventionally armed, nuclear-powered submarine capability.
The site, under HII ownership, has increased production by more than 50% as it ramps up for U.S. Navy programs. HII outlined its distributed shipbuilding initiative and its role in the Australian Submarine Supplier Qualification (AUSSQ) Program, which has qualified 13 Australian suppliers across seven work packages for U.S. and U.K. nuclear submarine supply chains.
HII (NYSE: HII) appointed Michael DeBernardis as vice president and chief counsel for its Mission Technologies division, effective July 21, 2026. He will advise senior leadership, lead legal services, and sit on the division’s leadership team, supporting growth across defense, intelligence, cyber, unmanned systems, and other mission-enabling capabilities.
HII (NYSE:HII) reported a milestone in its distributed shipbuilding strategy as Ingalls Shipbuilding erected the first grand blocks for Thad Cochran (DDG 135), built by partners Gulf Copper and Eastern Shipbuilding. The units arrived ahead of the ship’s planned October 2025 keel authentication, indicating early-sequence offsite production is working as intended.
According to HII, qualified fabrication partners now support multiple destroyers, with contracts awarded for 32 units on DDG 137 and 37 units on DDG 139. HII has 40 ships under construction across its yards, plans to deliver five ships in the next 12 months, and aims to grow distributed shipbuilding output by an additional 30% this year after doubling it last year.