HII dividend history
Huntington Ingalls Industries Inc. (HII) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- HII Declares Quarterly DividendNEWPORT NEWS, Va., April 29, 2026 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.38 per share, payable on June 12, 2026, to shareholders of record as of the close of business on May 29, 2026. About HII HII is America's largest shipbuilder, delivering the world's most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world. With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the co
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Feb. 04, 2026 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.38 per share, payable on March 13, 2026, to shareholders of record as of the close of business on Feb. 27, 2026. About HII HII is America's largest shipbuilder, delivering the world's most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world. With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from
- HII Increases Quarterly Dividend to $1.38 per ShareNEWPORT NEWS, Va., Oct. 21, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.38 per share, a $0.03 increase over the $1.35 per share dividend paid in each of the prior four quarters. The $1.38 per share dividend will be payable on Dec. 12, 2025, to shareholders of record as of the close of business on Nov. 28, 2025. 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 shipbuild
- HII Declares Quarterly DividendNEWPORT NEWS, Va., July 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on September 12, 2025, to shareholders of record as of the close of business on Aug. 29, 2025. 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
- HII Declares Quarterly DividendNEWPORT NEWS, Va., April 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on June 13, 2025, to shareholders of record as of the close of business on May 30, 2025. 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
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, payable on March 14, 2025, to shareholders of record as of the close of business on Feb. 28, 2025. 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 ex
- HII Increases Quarterly Dividend to $1.35 per ShareNEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, a $0.05 increase over the $1.30 per share dividend paid in each of the prior four quarters. The $1.35 per share dividend will be payable on Dec. 13, 2024, to shareholders of record as of the close of business on Nov. 29, 2024. 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 shipbuild
- HII Declares Quarterly DividendNEWPORT NEWS, Va., July 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on Sept. 13, 2024, to shareholders of record as of the close of business on Aug. 30, 2024. 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
- HII Declares Quarterly DividendNEWPORT NEWS, Va., May 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on June 14, 2024, to shareholders of record as of the close of business on May 31, 2024. 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 sh
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, payable on March 8, 2024, to shareholders of record as of the close of business on Feb. 23, 2024. 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
- HII Increases Quarterly Dividend to $1.30 per ShareNEWPORT NEWS, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.30 per share, a $0.06 increase over the $1.24 per share dividend paid in each of the prior four quarters. The $1.30 per share dividend will be payable on Dec. 8, 2023, to shareholders of record as of the close of business on Nov. 24, 2023. 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
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Aug. 01, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, payable on September 8, 2023, to shareholders of record as of the close of business on August 25, 2023. 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
- HII Declares Quarterly DividendNEWPORT NEWS, Va., May 02, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, payable on June 9, 2023, to shareholders of record as of the close of business on May 26, 2023. 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 sh
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Jan. 31, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, payable on March 10, 2023, to shareholders of record as of the close of business on Feb. 24, 2023. 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
- HII Increases Quarterly Dividend to $1.24 per ShareNEWPORT NEWS, Va., Nov. 02, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, a $0.06 increase over the $1.18 per share dividend paid in each of the prior four quarters. The $1.24 per share dividend will be payable on Dec. 9, 2022, to shareholders of record as of the close of business on Nov. 25, 2022. HII is a global, all-domain defense partner, building and delivering the world's most powerful, survivable naval ships and technologies that safeguard our seas, sky, land, space and cyber. As America's largest shipbuilder and with a more than 135-year history of advancing U.S. national defense, we
- HII Declares Quarterly DividendNEWPORT NEWS, Va., Aug. 02, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, payable on Sept. 9, 2022, to shareholders of record as of the close of business on Aug. 26, 2022. About HII HII is an all-domain defense and technologies partner, recognized worldwide as America's largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and ena
- HII Declares Quarterly DividendNEWPORT NEWS, Va., May 03, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, payable on June 10, 2022, to shareholders of record as of the close of business on May 27, 2022. HII is an all-domain defense and technologies partner, recognized worldwide as America's largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable an all-do
- Huntington Ingalls Industries Declares Quarterly DividendNEWPORT NEWS, Va., Feb. 04, 2022 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, payable on March 11, 2022, to shareholders of record as of the close of business on Feb. 25, 2022. HII is a global engineering and defense technologies provider. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable a networked, all-domain for
- Huntington Ingalls Industries Increases Quarterly Dividend to $1.18 per ShareNEWPORT NEWS, Va., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.18 per share, a $0.04 increase over the $1.14 per share dividend paid in each of the prior four quarters. The $1.18 per share dividend will be payable on Dec. 10, 2021, to shareholders of record as of the close of business on Nov. 26, 2021. Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII's Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi hav
- Photo Release - Huntington Ingalls Industries Names Stewart Holmes As Executive Vice President, Government and Customer RelationsNEWPORT NEWS, Va., Sept. 03, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Stewart Holmes has been named executive vice president, government and customer relations, succeeding Mitch Waldman, who will retire on Sept. 30. Holmes will be located in HII's Washington, D.C. office and will report to Mike Petters, HII's president and CEO. "Mitch has been an integral part of HII since day one and has been key to our success," Petters said. "His contributions to national security for over four decades both in government service and as a Huntington Ingalls Industries executive have always affirmed an unwavering commitment to our men and women in uniform, a
- Photo Release — Huntington Ingalls Industries Names Brooke Hart As Executive Vice President, CommunicationsNEWPORT NEWS, Va., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Brooke Hart has been named executive vice president, communications. Hart will succeed Jerri Dickseski, who will retire on Sept. 1 after nearly 31 years of service. Hart will be located in HII's Washington, D.C. office and will report to Mike Petters, HII's president and CEO, effective Sept. 27. "Jerri has been a member of my executive team for 17 years, and I've relied upon her communications acumen and sound counsel," Petters said. "The breadth and depth of her communication expertise, coupled with her endless energy and drive, have been instrumental in building HII from i
- Huntington Ingalls Industries Announces Successful Completion of Offering of 0.670% Senior Notes Due 2023 and 2.043% Senior Notes Due 2028NEWPORT NEWS, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries, Inc. (NYSE:HII) ("HII" or the "Company") announced today that it has completed its previously announced offering of $400 million in aggregate principal amount of its 0.670% Senior Notes due 2023 (the "2023 Notes") and $600 million in aggregate principal amount of its 2.043% Senior Notes due 2028 (the "2028 Notes," and together with the 2023 Notes, the "Notes"). The Company expects to use the net proceeds from the offering, together with borrowings under its term loan credit facility, to fund the purchase price for the previously announced acquisition (the "Alion Acquisition") of Alion Science and Technology
- Huntington Ingalls Industries Awarded $273 Million U.S. Navy Aircraft Carrier and Surface Ship Maintenance ContractNEWPORT NEWS, Va., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries' (NYSE:HII) Technical Solutions division announced today that it has been awarded a five-year contract with a total value of $273 million to support the U.S. Navy's carrier engineering maintenance assist team, surface engineering maintenance assist team for west coast surface ships, and other maintenance and material readiness programs. "Continuous modernization and sustainment of our nation's fleet is essential to our national security," said Garry Schwartz, president of Technical Solutions' Defense and Federal Solutions business group. "HII is honored to extend our 40-year partnership with the U.S. Navy i
- Huntington Ingalls Industries Announces Proposed Offering of Senior NotesNEWPORT NEWS, Va., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries, Inc. (NYSE:HII) ("HII" or the "Company") announced today an offering by the Company of senior notes (collectively, the "Notes," and such offering, the "Notes Offering"). The Notes Offering is part of the financing for the previously announced acquisition of Alion Science and Technology ("Alion"), pursuant to a Stock Purchase Agreement dated as of July 4, 2021, by and among Alion Holding Corp., Alion Holdings LLC and the Company (the "Alion Acquisition"). The Company intends to use the net proceeds from the Notes Offering, together with borrowings under its term loan credit facility, to fund the purchase pri
- Huntington Ingalls Industries Declares Quarterly DividendNEWPORT NEWS, Va., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share, payable on Sept. 10, 2021, to shareholders of record as of the close of business on Aug. 27, 2021. Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. 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. HII's Technical Solutions division supports nationa
- Huntington Ingalls Industries To Acquire Alion Science and Technology – Enhancing its National Security Solutions PortfolioEnhances technical capabilities and positions HII in high-growth mission-critical security solutions: C5ISR, advanced military training and simulation, artificial intelligence, big data and electronic warfareProvides high-end solutions critical to multi-domain distributed operations, well aligned with future U.S. Navy and Department of Defense modernization and readiness prioritiesAccelerates Technical Solutions growth rate to 7% to 9% CAGR through 2024Expected to be significantly cash flow accretive in 2022 and GAAP EPS accretive in 2023Conference call scheduled for 9:00 a.m. Eastern Time today to discuss transaction NEWPORT NEWS, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls
- Photo Release — Huntington Ingalls Industries Announces First International Order for REMUS 300 UUVsNEWPORT NEWS, Va., June 21, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that the Royal New Zealand Navy has placed the first international order for four REMUS 300 unmanned underwater vehicles (UUVs). "We are pleased New Zealand is upgrading their fleet with new REMUS 300 UUVs," said Duane Fotheringham, president of the Unmanned Systems business group in HII's Technical Solutions division. "Technology has progressed significantly over the past few years, and the REMUS 300 represents one of the most advanced man-portable UUVs on the market today. We look forward to continuing our long-standing relationship with the Royal New Zealand Navy." New Zealand
- Huntington Ingalls Industries Wins Planning Yard Contract Worth A Potential $724 MillionPASCAGOULA, Miss., June 08, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of $724 million for planning yard services in support of in-service amphibious ships. “Ingalls has a 40-year history of providing planning yard services to ships in active service,” Ingalls Shipbuilding President Kari Wilkinson said. “We consider this a core competency and a critical part of our mission to support the Navy in meeting fleet commitments around the world.” Planning yard services provided will be in support of amphibious transport dock (LPD 17), assault (LHD 1 and LHA 6),
- Photo Release — Huntington Ingalls Industries Announces U.S. Navy Order of REMUS 300 UUVsNEWPORT NEWS, Va., May 25, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today a U.S. Navy order of two REMUS 300 unmanned underwater vehicles (UUVs). "REMUS UUVs have been used by the U.S. Navy for their defense operations for more than 20 years," said Duane Fotheringham, president of the Unmanned Systems business group in HII's Technical Solutions division. "We are pleased to provide them with the new REMUS 300 to support their critical national security missions." The two-man portable, small-class UUV offers swappable energy modules with up to 10, 20 or 30 hours of endurance. The open architecture and modularity allow REMUS 300 to be tailored to specific
- Multimedia Release — Huntington Ingalls Industries Debuts Proteus Unmanned Surface Test VesselNEWPORT NEWS, Va., May 20, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today the debut of the Proteus unmanned surface vessel (USV) for testing and development of autonomy capabilities. The 27-foot Proteus USV was outfitted with Sea Machines Robotics' SM300 autonomy system and completed a successful demonstration on Friday, May 14 off the coast of Panama City, Florida. "We are thrilled to launch our Proteus USV. The vessel performed exactly as expected with the SM300 system's proven and safe autonomous capability," said Duane Fotheringham, president of the Unmanned Systems business group in HII's Technical Solutions division. "This marks a significant miles
- Huntington Ingalls Industries Reports First Quarter 2021 ResultsRevenues were $2.3 billion in the quarterOperating margin was 6.5% and segment operating margin was 8.4%Diluted earnings per share was $3.68Pension adjusted diluted earnings per share1 was $3.56Achieved record backlog of $48.8 billion NEWPORT NEWS, Va., May 06, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) reported first quarter 2021 revenues of $2.3 billion, up less than 1% from the first quarter of 2020. Operating income in the quarter was $147 million and operating margin was 6.5%, compared to $215 million and 9.5%, respectively, in the first quarter of 2020. The decreases in operating income and operating margin were primarily the result of a less favorable operat
- Huntington Ingalls Industries Declares Quarterly DividendNEWPORT NEWS, Va., April 29, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share, payable on June 11, 2021, to shareholders of record as of the close of business on May 28, 2021. Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. 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. HII's Technical Solutions division supports national
- Photo Release — Huntington Ingalls Industries Announces Commercial Release of REMUS 300 Unmanned Underwater VehicleNEWPORT NEWS, Va., April 19, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today the commercial release of its REMUS 300 unmanned underwater vehicle (UUV). This new, open architecture, small-class UUV can dive to depths of 305 meters (1,000 feet) and has endurance options up to 30 hours. "The REMUS 300 is the most advanced small-class UUV on the market," said Duane Fotheringham, president of the Unmanned Systems business group in HII's Technical Solutions division. "It combines everything we've learned from more than 20 years of development on our REMUS 100 systems with enhancements like advanced modularity and a more robust structure and sensors. We're excit
- Huntington Ingalls Industries-General Dynamics Team Awarded Contract Modification For Construction of 10th Virginia-Class Block V Submarine Awarded by U.S. NavyNEWPORT NEWS, Va., March 29, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that the shipbuilding team, which includes its Newport News Shipbuilding division, has been awarded a contract modification in support of construction of the 10th Virginia-class Block V submarine. In December 2019, Newport News and teaming partner General Dynamics Electric Boat received a $22 billion contract to build nine Virginia-class submarines. The contract modification, which exercises an option for the last fast-attack submarine of the block, brings the total value of the contract for Newport News to $9.8 billion. “We are pleased that Congress supported the restoration
- Huntington Ingalls Industries Awarded Position on $250 Million U.S. Navy Intelligence, Surveillance and Reconnaissance Support ContractNEWPORT NEWS, Va., March 12, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) Technical Solutions division was one of 11 companies selected to provide development, technical, management and engineering services for Naval Information Warfare Center (NIWC) Pacific’s Intelligence, Surveillance and Reconnaissance (ISR) department. The indefinite-delivery/indefinite-quantity task order contract includes a three-year base term with a two-year extension option. HII will compete for task orders under the contract. The combined value of all potential task orders across the base and option years is $250 million. “This award reaffirms HII’s commitment to the Navy and NIWC’s ISR miss
- Ingalls Shipbuilding Awarded Life-Cycle Engineering Contract on U.S. Navy’s LPD 17 ProgramPASCAGOULA, Miss., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded a cost-plus-fixed-fee contract for life-cycle engineering and support services on the U.S. Navy's San Antonio (LPD 17) class of amphibious transport docks. This follow-on contract consists of a base contract valued at $36.9 million with a cumulative value of $213.9 million if all options are exercised. “This contract enables Ingalls to continue providing LPD support and services that are critical to the sustainment of the Navy’s amphibious fleet,” Ingalls Shipbuilding President Brian Cuccias said. “Our talented workforce has
- Photo Release — Huntington Ingalls Industries Awarded $2.9 Billion Contract To Execute USS John C. Stennis (CVN 74) Refueling and Complex OverhaulNEWPORT NEWS, Va., Feb. 19, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has been awarded a $2.9 billion contract for the refueling and complex overhaul (RCOH) of the nuclear-powered aircraft carrier USS John C. Stennis (CVN 74). “We are pleased to be awarded the contract to execute this extensive construction and engineering project,” said Todd West, Newport News’ vice president, in-service aircraft carrier programs. “Our teams have spent three years preparing and planning for each step of the process along the way, and we look forward to continuing our work with our suppliers and Navy partners in anticipati
- Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2020 ResultsRevenues were $2.8 billion in the quarter; $9.4 billion in 2020Operating margin was 11.1% in the quarter; 8.5% in 2020Diluted earnings per share was $6.15 in the quarter, $17.14 in 2020Cash from operations was $1.1 billion, and free cash flow1 was $757 million in 2020Backlog of $46.0 billion at year end NEWPORT NEWS, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) reported fourth quarter 2020 revenues of $2.8 billion, up 14.3% from the fourth quarter of 2019. Operating income in the quarter was $305 million and operating margin was 11.1%, compared to $186 million and 7.7%, respectively, in the fourth quarter of 2019. Diluted earnings per share in the quarte
- Huntington Ingalls Industries Declares Quarterly DividendNEWPORT NEWS, Va., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share, payable on March 12, 2021, to shareholders of record as of the close of business on Feb. 26, 2021. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. 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. HII’s Technical Solutions division supports nationa
- Huntington Ingalls Industries Awarded $175 Million U.S. Navy Support ContractNEWPORT NEWS, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries’ (NYSE:HII) Technical Solutions division was awarded a contract last week to provide maintenance, training and planning support for U.S. Navy aircraft carriers. The indefinite-delivery/indefinite-quantity contract includes a five-year ordering term, with a total potential value of $175 million. “We are very pleased the U.S. Navy has entrusted us to support the readiness of one of our nation’s most important power projection platforms,” said Garry Schwartz, president of Technical Solutions’ Defense and Federal Solutions business group. “For nearly four decades, we’ve partnered with the Navy on this critical
- PHOTO RELEASE — Stephanie L. O’Sullivan Joins Huntington Ingalls Industries’ Board of DirectorsNEWPORT NEWS, Va., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Stephanie L. O’Sullivan has been elected to its Board of Directors, effective Friday, Jan. 15. O’Sullivan has been a business consultant since 2017. Prior to that, she served as principal deputy director of the Office of National Intelligence (PPDNI), having been appointed in 2011. As PDDNI she worked to assist the director of national intelligence in the management of the day-to-day operations of the intelligence community “We are very pleased to welcome Stephanie to the board of HII,” Chairman of the Board Kirk Donald said. “She is a proven leader in the nation’s intellige
- PHOTO RELEASE — Huntington Ingalls Industries Expands Unmanned Capabilities By Acquiring Autonomy Business from Spatial Integrated SystemsNEWPORT NEWS, Va., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS). The acquisition further expands HII’s unmanned systems capabilities with this highly skilled team and proven unmanned surface vessel (USV) solutions. “We are excited to welcome the SIS autonomy business employees to the HII family,” said Andy Green, HII executive vice president and president of Technical Solutions. “2020 was a significant year for HII in the unmanned systems industry, and this acquisition is the perfect complement to our existing portfolio and strategic partnerships.” “I am plea
- Huntington Ingalls Industries Delivers REMUS 100 UUVs to the German NavyNEWPORT NEWS, Va., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it delivered new REMUS 100 Unmanned Underwater Vehicles (UUVs) to the German Navy. The vehicles will be used to expand the German Navy’s current fleet of REMUS 100 UUVs used for mine countermeasure (MCM) operations. The new REMUS 100 UUVs have advanced core electronics and endurance of up to 12 hours. Built on the REMUS Technology Platform, the vehicles are open architecture and have enhanced modularity. “We value our ongoing partnership with the German Navy and are proud to help enhance their national security capabilities,” said Duane Fotheringham, president of Technical