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) has announced the recipients of its 2025 Compass Award for Compliance, recognizing five employees across its divisions for their contributions to the company's ethics and compliance culture. Paul C. Harris, HII's executive vice president and chief sustainability and compliance officer, emphasized how these employees demonstrate leadership in accountability and risk reduction.
The award recipients include Susie Bacon and Shay Brown from HII corporate, Megan Weaver from Mission Technologies, Gil Rustin from Ingalls Shipbuilding, and Michael Reilley from Newport News Shipbuilding. The Compass Award is part of HII's broader compliance initiatives, which include performance-related measures and incentives to promote ethical behavior throughout the organization.
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.
HII (NYSE: HII) has appointed Eric Chewning as executive vice president of maritime systems and corporate strategy, expanding his role to lead the company's maritime and advanced technology development strategy. Since joining in January 2023, Chewning has focused on expanding the U.S. shipbuilding industrial base through strategic initiatives.
Key achievements in 2025 include: doubling outsourced hours with plans to quadruple over two years, acquiring an advanced manufacturing facility in South Carolina, expanding international partnerships with HD Hyundai Heavy Industries and Babcock International Group, and enhancing technology partnerships with C3 AI to implement Industry 4.0 technologies in shipbuilding.
HII's (NYSE:HII) Ingalls Shipbuilding division is commemorating the 20th anniversary of Hurricane Katrina by sharing employee stories and documenting the workforce's resilience during the 2005 natural disaster. The company demonstrated remarkable support for its employees by providing essential supplies, temporary housing, and maintaining payroll during the recovery period.
Nearly 500 employees volunteered as storm riders to protect facility infrastructure, while hundreds more assisted in restoration efforts. Despite significant damage to buildings, most major equipment survived. Since Katrina, HII has made substantial investments to strengthen the facility against future storms, improving efficiency and quality, resulting in the successful delivery of 35 ships since 2005.
HII (NYSE: HII) has been selected as one of the companies on a multiple award contract to enhance U.S. Navy fleet readiness through training services. The indefinite-delivery, indefinite-quantity (IDIQ) contract has a ceiling value of $267 million.
Through its Mission Technologies division, HII will compete for task orders to support the Naval Education and Training Professional Development Center. The contract focuses on providing curriculum development, learning management systems, and web-based training solutions to enhance professional growth and combat readiness for U.S. Navy enlisted personnel.
HII (NYSE: HII) reported Q2 2025 results with revenues of $3.1 billion, up 3.5% year-over-year. Net earnings were $152 million with diluted EPS of $3.86, compared to $173 million and $4.38 in Q2 2024.
The company secured new contract awards of $11.9 billion, achieving a record backlog of $56.9 billion. Operating margin decreased to 5.3% from 6.3% year-over-year. Notable developments include a strategic partnership with C3 AI for digital technologies and AI implementation in shipbuilding.
HII reaffirmed its FY25 guidance, with shipbuilding revenue expected between $8.9-$9.1 billion and Mission Technologies revenue projected at $2.9-$3.1 billion. The company increased its FY25 free cash flow guidance to $500-$600 million.
HII (NYSE: HII) has announced a quarterly cash dividend declaration of $1.35 per share. The dividend will be paid on September 12, 2025, to shareholders who are on record as of the close of business on August 29, 2025.
HII (NYSE: HII) has announced the election of Nick Stanage to its board of directors. Stanage brings significant industrial manufacturing expertise, having previously served as chairman, CEO and president of Hexcel Corporation from 2013 to 2024.
Stanage's extensive background includes 20 years at Honeywell Aerospace and Transportation Systems in various leadership roles focused on technology, operations, and supply chain management. He also served as president of Dana Holding Corporation's Heavy Vehicle Products group and currently serves on the board of TriMas Corporation.
HII (NYSE: HII) has secured a significant $74 million task order through its Mission Technologies division to develop modeling and simulation capabilities for the U.S. Air Force and Space Force. The five-year contract involves supporting the U.S. Air Force Research Laboratory's Space Vehicles Directorate with end-to-end simulation solutions.
The project focuses on creating training simulations for space units and developing decision aid software utilizing machine-to-machine data collection. Work will be conducted at Kirtland Air Force Base in New Mexico, with the task order awarded under the Department of Defense's Information Analysis Center Multiple Award Contract vehicle.
HII (NYSE: HII) has achieved a significant milestone in submarine-launched unmanned underwater vehicle (UUV) operations. The company, along with Woods Hole Oceanographic Institution (WHOI) and the U.S. Navy's Naval Undersea Warfare Center Division Newport, successfully validated the REMUS 620 for torpedo tube deployment.
The test confirmed compatibility of the REMUS 620 with SAFECAP, Virginia-class submarine weapons handling systems, and torpedo tubes. This achievement follows the USS Delaware's successful first-ever forward-deployed launch and recovery of a REMUS 600 UUV equipped with WHOI's Yellow Moray docking technology. Further in-water testing is planned for later this summer.