August 1, 2024
HII Reports Second Quarter 2024 Results
- Record second quarter revenues of $3.0 billion, up 6.8% compared to second quarter 2023
- Operating income of $189 million, up 21.2% compared to second quarter 2023
- Net earnings of $173 million or $4.38 diluted earnings per share
- Delivered Virginia-class submarine New Jersey (SSN 796)
- Delivered amphibious transport dock Richard M. McCool Jr. (LPD 29)
- Company reaffirms previously issued shipbuilding guidance1
- Company raises the Mission Technologies revenue guidance range1
- Company reaffirms previously issued free cash flow2 outlook1
Download the pdf for full results.
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 core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong.
Media Contact
Related News
Sign Up for Updates
Enter your email to receive news updates and insights.
By subscribing you agree to our Privacy Policy and provide consent to receive updates from HII.