HII Awards 193 Scholarships Through Annual Fund

Rhea-AI Summary

HII (NYSE: HII) has awarded 193 scholarships to employees' dependent children for the 2025-2026 academic year through its scholarship fund. The program, administered by Scholarship America, distributed 100 new scholarships including 30 for four-year degrees, 20 for two-year degrees, and 50 for early childhood programs, while renewing 93 existing scholarships.

Scholarship amounts range from $1,500 to $3,000 annually, with the fund having provided over $4.7 million in support through 1,766 scholarships to more than 1,000 students over its 10-year history. The selection process is based on academic merit and financial need, independently managed by Scholarship America to ensure fairness.

Positive

• Program has awarded over $4.7 million in educational support over 10 years
• Comprehensive coverage across different education levels from pre-school to four-year degrees
• Independent administration through Scholarship America ensures fair selection process

Negative

• None.

NEWPORT NEWS, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that 193 dependent children of HII employees have been awarded new and renewed scholarships through the company’s scholarship fund for the 2025-2026 school year. The HII Scholarship Fund provides financial assistance to dependent children of HII employees who are pursuing a post-secondary college or technical-vocational degree and to dependent children who are enrolled in qualifying pre-kindergarten school readiness programs.

“The scholarship program is an essential part of HII's commitment to supporting education and fostering future talent,” said Chris Kastner, HII president and CEO. “We are incredibly proud to serve HII families in this way and to contribute to the success of these exceptional young individuals. Congratulations to all of the recipients and their families.”

The HII Scholarship Fund, now in its 10^th year, is administered through Scholarship America. The selection process for awards is independent of HII and is based on academic scholarship and financial need, ensuring fairness and objectivity. This year, after reviewing all the applications and confirming eligibility based on pre-identified criteria, Scholarship America awarded:

• 30 scholarships for four-year college degrees
• 20 scholarships for two-year degrees
• 50 scholarships for early childhood school-readiness programs
  

A photo accompanying this release is available at: http://hii.com/news/hii-awards-193-scholarships-through-annual-fund/.

This year, 93 previously awarded scholarships were renewed. Scholarships ranged from $1,500 annually for students enrolled in two-year degree or vocational programs to $3,000 per year for students enrolled in four-year programs. The fund also includes scholarships of up to $3,000 toward qualifying pre-school education costs.

With this year’s awards, HII totals stand at 1,766 scholarships awarded and renewed —representing more than $4.7 million in support of education opportunities to over 1,000 students throughout the life of the program.

The HII Scholarship Fund is one of many initiatives that highlight the company’s dedication to supporting educational advancement and nurturing the next generation of leaders and innovators. For more information about the HII Scholarship Fund, or to watch videos from previous award recipients about how the program has helped them further their education, please visit: https://hii.com/hii-scholarship-fund/.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

• HII on the web: https://www.HII.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on X: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII

Contact:

Danny Hernandez
Danny.J.Hernandez@HII-co.com
(240) 264-7143

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b127009-91be-424c-b2a5-0a25208b3cf0

FAQ

How many scholarships did HII award for the 2025-2026 school year?

HII awarded 193 total scholarships, including 100 new scholarships and 93 renewed scholarships for the 2025-2026 academic year.

What is the value of HII scholarships for different educational programs?

HII scholarships range from $1,500 annually for two-year degree programs to $3,000 annually for four-year programs and pre-school education.

How much has HII's Scholarship Fund distributed since its inception?

Over its 10-year history, HII's Scholarship Fund has awarded 1,766 scholarships totaling more than $4.7 million to over 1,000 students.

Who is eligible for HII scholarships?

The scholarships are available to dependent children of HII employees who are pursuing post-secondary education or enrolled in qualifying pre-kindergarten school readiness programs.

How does HII select scholarship recipients?

The selection process is independently managed by Scholarship America, based on academic scholarship and financial need, ensuring fairness and objectivity.