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Huntington Ingalls Industries Inc - HII STOCK NEWS

Welcome to our dedicated news page for Huntington Ingalls Industries (Ticker: HII), a resource for investors and traders seeking the latest updates and insights on Huntington Ingalls Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Huntington Ingalls Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Huntington Ingalls Industries's position in the market.

Rhea-AI Summary
HII (NYSE: HII) announced the opening of a new campus in Norfolk to support more effective and efficient shipbuilding. The Newport News Shipbuilding Norfolk Campus is already contributing to the construction of the Gerald R. Ford-class aircraft carrier Enterprise (CVN 80) and freeing up storage space in the main shipyard in Newport News. This expansion is a result of HII investment and Navy funding, showcasing the collaboration between the Navy and the industry to drive new shipbuilding efficiencies and invest in the future of the industrial base.
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HII (NYSE: HII) Mission Technologies division hosts fourth annual Global Day of Caring, with 400 employees completing 34 community service projects across 13 states. Andy Green, EVP of HII, emphasizes commitment to communities and nation's warfighters.
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Rhea-AI Summary
Defense companies HII and Babcock Australasia have partnered with the University of Adelaide, Curtin University, and the University of NSW to form the AUKUS Workforce Alliance (AWA). The AWA aims to develop a skilled workforce to support Australia's nuclear-powered submarine enterprise. It will provide training and education programs for qualified workers in engineering, maritime, and nuclear trades. The alliance will establish a platform for skill enhancement, lead upskilling programs, and promote cutting-edge research for the future workforce.
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-0.98%
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Rhea-AI Summary
HII's Newport News Shipbuilding division is making progress in workforce development acceleration and meeting hiring demand for skilled trades positions through community outreach efforts and on-site hiring events. They recently participated in a career and job fair, where hundreds of people, including local high school students, met with NNS talent acquisition representatives.
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0.05%
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Huntington Ingalls Industries (HII), a U.S. defense company, has launched a targeted advertising campaign to showcase its platforms, technologies, and solutions. The campaign highlights HII's role as a military shipbuilder and expert in unmanned systems, cyber and electronic warfare, ISR, artificial intelligence, machine learning, and advanced synthetic training. The campaign coincides with Veteran's Day and National U.S. Navy Aircraft Carrier Month. HII is committed to meeting the dynamic requirements of the U.S. Department of Defense and its international allies.
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5.82%
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News
Rhea-AI Summary
HII (NYSE:HII) reported record third quarter revenues of $2.8 billion, up 7.2% compared to the same period last year. Net earnings were $148 million, with diluted earnings per share of $3.70. The company achieved free cash flow of $293 million in the quarter. New contract awards totaled $5.4 billion, resulting in a backlog of approximately $49 billion. HII reaffirmed its shipbuilding and Mission Technologies FY23 margin guidance, increased its shipbuilding midpoint and Mission Technologies FY23 revenue guidance, and raised its FY23 free cash flow guidance.
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Rhea-AI Sentiment
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5.82%
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HII (NYSE: HII) has announced a quarterly cash dividend of $1.30 per share, a $0.06 increase from the previous four quarters. The dividend will be payable on Dec. 8, 2023, to shareholders of record as of Nov. 24, 2023.
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0.53%
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HII's Mission Technologies division has been awarded a $79 million contract to support the Missile Defense Agency's mission to develop a missile defense system. The contract has a seven-year period of performance with a two-year base. HII has performed similar work for the MDA since 2018 under a previously awarded contract.
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1.98%
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HII to celebrate the opening of Newport News Shipbuilding Norfolk Campus to support more effective and efficient shipbuilding.
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1.38%
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HII appoints Brig. Gen. Paul Tennant as corporate vice president of engagement and international government relations. Tennant will inform national security policy and lead international initiatives, including the AUKUS partnership. He brings over 30 years of leadership and security cooperation expertise.
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Huntington Ingalls Industries Inc

NYSE:HII

HII Rankings

HII Stock Data

10.92B
38.66M
0.64%
92.17%
1.84%
Ship Building and Repairing
Manufacturing
Link
US
Newport News

About HII

huntington ingalls industries is america's largest military shipbuilding company and a provider of engineering, manufacturing and management services to the nuclear energy, oil and gas markets. for more than a century, hii's newport news and ingalls shipbuilding divisions in virginia and mississippi have built more ships in more ship classes than any other u.s. naval shipbuilder. headquartered in newport news, virginia, hii employs approximately 37,000 people operating both domestically and internationally. divisions: ingalls shipbuilding, newport news shipbuilding subsidiaries: amsec llc, continental maritime san diego (cmsd), newport news industrial, newport news nuclear, newport news energy, stoller newport news nuclear (sn3)