Huntington Ingalls Inds Inc Stock Price, News & Analysis

HII (NYSE: HII) has announced it will release its first quarter 2025 financial results on Thursday, May 1, followed by an earnings conference call at 9 a.m. Eastern time. The event will feature presentations from Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and CFO.

The conference call will be accompanied by a slide presentation and will be accessible via webcast on the company's website. A replay of the call will be available on HII's website for a time.

HII (NYSE: HII) and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to explore collaborative opportunities in defense and commercial shipbuilding projects. The agreement was signed at Sea Air Space expo by HII's Executive VP Brian Blanchette and HHI's Naval & Special Ship Business Unit CEO Won-ho Joo.

The strategic partnership aims to:

• Accelerate ship production and delivery
• Advance technological innovation
• Maximize production efficiency
• Strengthen the global defense industry

The collaboration is designed to increase the maritime industrial base strength of both the United States and South Korea through shared expertise and best practices.

HII (NYSE: HII) has delivered the first two Lionfish small uncrewed undersea vehicles (SUUVs) to the U.S. Navy, marking a significant milestone in a program that could expand to 200 vehicles with a potential value exceeding $347 million.

The Lionfish, based on HII's REMUS 300 platform, is the first cyber-compliant uncrewed underwater vehicle, designed for multi-mission capabilities including mine countermeasures, intelligence, surveillance, reconnaissance, anti-submarine warfare, and electronic warfare. The program represents the Navy's first transition from an other transaction prototype to full-scale production.

Production is ongoing at HII's Uncrewed Systems facility in Pocasset. The REMUS platform has demonstrated success with over 700 vehicles sold to more than 30 countries, including 14 NATO members, with over 90% of units delivered in the past 23 years still in service.

HII's (NYSE: HII) Ingalls Shipbuilding division hosted its second annual Scouts merit badge day at the Ingalls Maritime Training Academy, welcoming over 80 Scouts from multiple states including Mississippi, Alabama, Kentucky, and Tennessee.

During the event, Scouts participated in nine different merit badge courses including communications, electricity, electronics, engineering, fire safety, first aid, painting, personal management, and plumbing. Each Scout earned two merit badges by day's end, guided by Ingalls employees who are former Scouts or active Scout leaders.

As Mississippi's largest manufacturing employer with over 11,000 employees, Ingalls Shipbuilding demonstrates its commitment to developing future skilled professionals through educational and career development initiatives like this merit badge program.

HII (NYSE: HII) hosted U.S. Marine Corps Lt. Gen. Eric Austin and other officials at its Ingalls Shipbuilding division, showcasing amphibious warships under construction. The visit included tours of Bougainville (LHA 8) and Harrisburg (LPD 30).

Ingalls currently has multiple vessels under construction: two LHA class ships (Bougainville and Fallujah) and three Flight II LPDs (Harrisburg, Pittsburgh, and Philadelphia). The company secured significant contracts in September 2024, including the construction of three San Antonio-class amphibious transport dock ships (LPD 33, 34, and 35) and the fifth America-class amphibious assault ship, Helmand Province (LHA 10).

HII (NYSE: HII) has secured a $133 million contract from the U.S. Air National Guard to enhance military readiness through live, virtual, and constructive training. The 10-year task order focuses on providing expertise and staffing for distributed mission operations at the Distributed Training Operations Center (DTOC) in Des Moines.

The DTOC, operated by the 132d Combat Training Squadron, connects over 90 simulation sites nationwide for total and joint forces training. HII's Mission Technologies division will implement the Joint Simulation Bus software interface and utilize their DMO test tools to modernize the DTOC's gateway connection.

The work will primarily be conducted in Des Moines, Iowa, supporting Air National Guard pilot training and joint forces training opportunities.

New York Life, America's largest mutual life insurer, has appointed Christopher D. Kastner to its board of directors, where he will serve on the Audit and Investment committees. Kastner, who currently serves as president and CEO of Huntington Ingalls Industries (NYSE: HII), brings extensive operational and financial expertise to the role.

Kastner assumed his current position at HII in March 2022, following previous roles as executive vice president, chief operating officer, and chief financial officer. His experience includes leadership of HII's Ingalls Shipbuilding division as CFO and over two decades at Northrop Grumman before joining HII during its 2011 spin-off. Kastner holds a bachelor's degree in political science from UC Santa Barbara and an MBA from Pepperdine University.

HII celebrated the graduation of 77 students from The Newport News Shipbuilding Apprentice School in a ceremony held at Liberty Live Church in Hampton. Virginia State Sen. Louise Lucas delivered the keynote address, while NNS President Kari Wilkinson recognized the graduates as the shipyard's newest leaders.

Notable achievements of the 2024 class include:

• 20 graduates completed advanced programs with associate or bachelor's degrees
• 41 earned Associate of Applied Science degrees in maritime technology
• 36 graduates earned honors
• 8 graduates achieved perfect 4.0 GPAs

The Apprentice School, founded in 1919 and accredited since 1982, offers tuition-free 4-8 year apprenticeships in 19 trades and 7 optional programs. Travis Johnson, who received the Homer L. Ferguson Award for highest academic and craft grades, now serves as a pipefitting instructor at the school. The program accepts over 200 apprentices annually, providing paid 40-hour work weeks including academic class time.

HII's Ingalls Shipbuilding has successfully launched the future USS Jeremiah Denton (DDG 129), marking a significant milestone as the third Flight III Arleigh Burke-class destroyer built at their shipyard. The vessel was transferred from land to dry dock using translation railcars before being floated and moved to a pier.

The destroyer, named after Vietnam War veteran and former U.S. Senator Jeremiah Denton Jr., features advanced capabilities including the AN/SPY-6(V)1 Air and Missile Defense Radar (AMDR) and Aegis Baseline 10 Combat System. These systems are designed to address 21st-century threats.

Currently, Ingalls Shipbuilding has five Flight III destroyers under construction: Ted Stevens (DDG 128), Jeremiah Denton (DDG 129), George M. Neal (DDG 131), Sam Nunn (DDG 133), and Thad Cochran (DDG 135).