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) and Thales successfully demonstrated an integrated autonomous mine countermeasure capability using Thales’ Expeditionary PathMaster system and HII’s underwater vehicle.
The demonstration connected HII’s REMUS 620 unmanned underwater vehicle and Odyssey mission management solution with Thales’ sonar, analysis software and ANGLER mine neutralization capability. Thales’ portable operation center coordinated the workflow, covering mine detection, classification and the means to engage and neutralize identified mines. The exercise also included automated launch and recovery of the REMUS vehicle using HII’s Sea Launcher system.
HII (NYSE: HII) appointed Renee Swan executive vice president and chief human resources officer, effective Dec. 7, 2026.
Swan joins from Atmus Filtration Technologies, where she served as senior vice president and chief people officer. She succeeds Edmond Hughes, who will support her transition before retiring in April 2027 after 21 years with HII. Hughes became HII’s chief human resources officer in 2022 after leading human resources at its Ingalls Shipbuilding division. Swan will oversee human resources strategy, compensation and benefits, employee and labor relations, and talent management, among other responsibilities.
HII (NYSE: HII) reported third-quarter 2026 revenue of $3.5 billion, with higher earnings and a raised full-year shipbuilding revenue outlook. Revenue rose 10.8% year over year. Net earnings increased to $217 million from $145 million, and diluted earnings per share rose to $5.48 from $3.68. Operating margin reached 7.0%, versus 5.0%. Operating cash flow increased to $520 million from $118 million.
New contract awards totaled $32.4 billion. HII said awards have secured approximately 90 percent of expected shipbuilding revenue through 2030. Newport News and Mission Technologies increased quarterly operating income, while Ingalls declined. HII raised FY26 shipbuilding revenue guidance to $10.5–$10.7 billion from $10.2–$10.4 billion and Mission Technologies operating margin guidance to approximately 6% from approximately 5%. FY26 free cash flow guidance remained $500–$600 million.
HII (NYSE: HII) marked progress on ROMULUS unmanned surface vessel production following a U.S. Navy contract to build 10 vessels. The Louisiana ceremony featured installation of a commemorative hull plaque on the first ROMULUS 151 vessel for the Navy’s medium unmanned surface vessel program.
HII and its partners completed the program’s evaluation phase during 13 days of Navy-monitored testing. Its autonomous control system completed a 420-nautical-mile mission over 28 hours, meeting all established success criteria. Production draws on Gulf Coast partners, including Breaux Brothers Enterprises, Halimar Shipyard and Bayou Metal Supply & Manufacturing. HII began securing production capacity, suppliers and infrastructure in 2025.
HII (NYSE:HII) awarded $20,000 in community grants through its Ingalls Shipbuilding division to nonprofits and community-based organizations. The awards went to nine organizations across the Mississippi and Alabama Gulf Coast through the 2026 Community Partner Grant program, marking its fourth annual event.
HII (NYSE: HII) declared a quarterly cash dividend of $1.41 per share, payable on December 11, 2026. The dividend is $0.03 higher than the $1.38 per share paid in each of the prior four quarters. Shareholders of record at the close of business on November 27, 2026, will receive the payment.
HII (HII) will host a ROMULUS 151 vessel production celebration and hull plaque dedication in Louisiana on Oct. 27, 2026. The ceremony at Breaux Brothers Enterprises in New Iberia will mark production for the U.S. Navy and feature a commemorative plaque on the first-in-class vessel. The Navy recently awarded HII a contract to build 10 ROMULUS vessels under its Medium Unmanned Surface Vessel program. The event is not open to the public.
HII (NYSE: HII) announced that former CEO and President Mike Petters was elected to the company’s board of directors. Petters stepped down as CEO and president in 2022 after steering HII’s spin-off from Northrop Grumman in 2011.
He joined Newport News Shipbuilding in 1987 in its Los Angeles-class submarine construction division and later became shipyard president. CEO Chris Kastner cited Petters’ shipbuilding experience and familiarity with HII as reasons for welcoming his return to the board.
HII (NYSE: HII) received a $99 million U.S. Navy contract modification for its Ingalls Shipbuilding division to conduct DDG 1002 sea trials.
The Zumwalt-class destroyer Lyndon B. Johnson arrived at Ingalls in January 2022 to complete combat-system installation, activation and testing. The sea-trial work supports the Navy’s phased delivery approach. While at Ingalls, the ship is also receiving modernization upgrades, including integration of the Conventional Prompt Strike (CPS) weapon system, as the Navy’s second CPS-equipped platform.
HII (HII) will host an Ingalls Shipbuilding hiring event on October 24, 2026, for applicants of all skill levels. The event runs from 8 a.m. to noon at the Ingalls Maritime Training Academy in Pascagoula, Mississippi. Skilled, semi-skilled and entry-level applicants may attend. Pre-registration is recommended, and attendees should bring two forms of valid ID.