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Huntington Ingalls Industries (HII) is America's largest military shipbuilder, delivering advanced naval defense systems and mission technologies. This page provides investors and industry professionals with verified updates on corporate developments shaping national security markets.
Access official press releases, earnings reports, and analysis of defense contracts. Track naval engineering milestones, government partnerships, and innovations from HII's Mission Technologies division through curated updates sourced directly from company communications.
Key updates include quarterly financial results, vessel delivery announcements, cybersecurity advancements, and Department of Defense procurement awards. All content adheres to financial disclosure standards for reliable decision-making.
Bookmark this page to monitor HII's strategic initiatives in military shipbuilding and unmanned systems through a single authoritative channel.
Huntington Ingalls Industries (NYSE:HII) has announced a quarterly cash dividend of $1.18 per share, reflecting a $0.04 increase from the previous dividend of $1.14. The dividend will be paid on December 10, 2021, to shareholders of record as of the close of business on November 26, 2021.
As the largest military shipbuilding company in America, HII continues to demonstrate its commitment to returning value to shareholders while maintaining its leadership in national security solutions.
On October 28, 2021, Huntington Ingalls Industries CEO Mike Petters addressed 1,000 U.S. Coast Guard Academy cadets at the Admiral Thomas Wetmore Annual Ethics Forum. He emphasized the importance of leadership by example and motivating teams to excel beyond mere compliance. Petters inspired cadets to cultivate ethical habits and understand the impact of their actions. Huntington Ingalls, a leading military shipbuilding company, is responsible for building advanced national security cutters for the U.S. Coast Guard, enhancing maritime capabilities for national security and law enforcement.
Huntington Ingalls Industries (NYSE: HII) successfully completed the first round of sea trials for the San Antonio-class amphibious transport dock Fort Lauderdale (LPD 28). This achievement is a collaborative effort between Ingalls Shipbuilding and the Navy, with an emphasis on teamwork. The Fort Lauderdale is part of the Navy’s modern amphibious assault fleet. Ingalls has delivered 11 San Antonio-class ships and has three, including LPD 28, currently under construction. The contract for LPD 31 worth $1.5 billion was secured in 2020.
Huntington Ingalls Industries (NYSE: HII) celebrated the achievements of 12 employees at the 26th annual Women of Color STEM Conference held virtually from October 7-9, 2021. Among the honorees, three employees received Technology All-Star awards for significant accomplishments in their careers, while seven were recognized as Technology Rising Stars. Additionally, Lakela Lofton earned the Managerial Leadership Award, and Stacia Cooper received the Top Women in Finance Award, highlighting HII's commitment to diversity and excellence in leadership across various sectors.
Huntington Ingalls Industries (NYSE:HII) is set to release its third quarter 2021 financial results on November 4, 2021, at 9 a.m. Eastern Time. The earnings conference call will be accessible via a live webcast on the company’s website. Key executives including CEO Mike Petters and CFO Tom Stiehle will present and discuss the results. Established as the largest military shipbuilding company in America, HII has significant operations in Virginia and Mississippi, employing approximately 44,000 individuals globally. For further details, visit HII’s website.
Huntington Ingalls Industries (NYSE: HII) has successfully completed the final round of sea trials for the Frank E. Petersen Jr. (DDG 121), an Arleigh Burke-class guided missile destroyer at its Ingalls Shipbuilding division. The trials mark a significant milestone ahead of delivery, showcasing the company’s collaboration and dedication. With a rich history, HII has delivered 32 destroyers and currently has four under construction. The Arleigh Burke-class ships support U.S. military strategy through versatile operations.
Huntington Ingalls Industries (NYSE: HII) has awarded 100 new scholarships and renewed 108 scholarships through its HII Scholarship Fund for the 2021-2022 academic year, totaling over $2 million since its inception. The scholarships benefit dependent children of HII employees pursuing post-secondary education or quality pre-kindergarten programs. Award amounts range from $1,500 to $3,000, and the fund reflects HII's commitment to workforce development. Notably, CEO Mike Petters continues to decline most of his salary to support the initiative.
Huntington Ingalls Industries (NYSE: HII) has appointed Stewart Holmes as executive vice president for government and customer relations, replacing Mitch Waldman, who retires on Sept. 30. Holmes, formerly senior vice president at Textron, brings extensive government relations and defense experience. He will lead HII’s engagement with government entities and ensure continued delivery of solutions to defense challenges. HII is America’s largest military shipbuilder, employing around 44,000 people and aiming to maintain its strategic position in the defense and naval industry.
Huntington Ingalls Industries (NYSE:HII) appointed Chris Soong as the chief information officer for its Technical Solutions division, effective immediately. Soong will oversee all aspects of IT to align with the division's strategic goals and enhance cybersecurity measures. His extensive experience includes leadership roles at Fortune 500 companies and a prior CIO role at Alion Science and Technology. This appointment aims to strengthen HII's technological capabilities as it pursues new business opportunities, supporting the mission of national security.
Huntington Ingalls Industries’ Ingalls Shipbuilding division successfully completed builder’s trials for the guided missile destroyer Frank E. Petersen Jr. (DDG 121) in the Gulf of Mexico. Over three days, the destroyer tested its combat systems, including missile firing, paving the way for a final trial before delivery. The project involves collaboration with the Navy and combat system managers. Currently, Ingalls has delivered 32 destroyers to the Navy, with four more under construction. DDG 121 honors U.S. Marine Corps' first African American aviator.
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