Exhibit 99.1 News Release Contacts: Christie Thomas (Investors) Brooke Hart (Media) christie.thomas@hii-co.com brooke.hart@hii-co.com 757-380-2104 202-264-7108 HII Reports First Quarter 2024 Results • Record first quarter revenues of $2.8 billion, up 4.9% compared to first quarter 2023 • Operating income of $154 million, up 9.2% compared to first quarter 2023 • Net earnings of $153 million or $3.87 diluted earnings per share • New contract awards of $3.1 billion, resulting in backlog of $48.4 billion • Comp ...

PASCAGOULA, Miss., May 01, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division hosted a "signing day" for the 2024 graduates of its Shipbuilder Academy today at the shipyard. This year, 25 talented high school students were offered full-time positions at Ingalls, where they will begin their shipbuilding career following the completion of their education. Through hands-on training, mentorship, and classroom instruction, participants in the Ingalls Shipbuilding Academy (ISA) gain invaluabl ...

NEWPORT 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 t ...

Huntington Ingalls Industries, Inc. (HII) is scheduled to release its first-quarter 2024 earnings on May 2 before market open.  The company holds a four-quarter average earnings surprise of 20.64%. Solid revenue performance across the majority of its business segments is likely to have contributed to HII’s overall performance in the first quarter of 2024.Ingalls: Anticipated Growth in RevenuesHigher revenues from surface combatants and amphibious assault ships are likely to have contributed to this segment’ ...

In its upcoming report, Huntington Ingalls (HII) is predicted by Wall Street analysts to post quarterly earnings of $3.48 per share, reflecting an increase of 7.7% compared to the same period last year. Revenues are forecasted to be $2.8 billion, representing a year-over-year increase of 4.7%.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their init ...

PASCAGOULA, Miss., April 27, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division hosted an inaugural Scout merit badge day, fostering the next generation of leaders while nurturing the values of hard work, dedication, commitment, and community engagement, shared by both shipbuilding and Scouting. "We were thrilled to host our first merit badge day at Ingalls and to have the opportunity to nurture the skills and values of these young boys and girls enrolled in scout programs," Ingalls Shi ...

NEWPORT NEWS, Va., April 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Newport News Shipbuilding division has delivered Virginia-class fast-attack submarine New Jersey (SSN 796) to the U.S. Navy. New Jersey is the 11th Virginia-class submarine delivered by NNS, and the 23rd built as part of the teaming agreement with General Dynamics Electric Boat. "It is a proud day for our entire team when we deliver a high-quality submarine like New Jersey to the fleet," said Jason Ward, NNS vice p ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Huntington Ingalls (HII) , which belongs to the Zacks Aerospace - Defense industry.This shipbuilder has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 35.37%.For the last reported quarter, Huntington Ingalls came out with earnings of ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-a ...

RTX Corp. (RTX) is set to release first-quarter 2024 results on Apr 23, before market open.The company delivered an average earnings surprise of 7.10% in the last four quarters. Improving commercial air traffic and a solid sustainment volume for F135 are likely to benefit RTX’s quarterly results amid higher interest expenses.Growing Commercial Sales: A Key Growth CatalystSteadily increasing commercial air traffic, which resulted in an increase in flight hours, has significantly boosted aftermarket demand fo ...