NEWPORT NEWS, Va., April 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that the Virginia-class shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded a contract modification in support of construction of two fiscal year 2024 Block V submarines. The contract modification, to NNS and teaming partner General Dynamics Electric Boat, authorizes construction of the 11th and 12th fast-attack submarines of the Block V contract. “We appreciate the te ...

Huntington Ingalls Industries, Inc. (HII) is scheduled to release first-quarter 2025 earnings on May 1, 2025, before market open.The company has a four-quarter average negative earnings surprise of 0.84%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Dismal sales growth expectations, along with weak operating margin performance, are projected to have impacted HII’s overall bottom line.Anticipated Growth in Revenues in HII’s Ingalls UnitHigher revenues from surface combatants are l ...

NEWPORT NEWS, Va., April 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder, is launching a series of 15-second television advertisements as part of its nationwide “Build It” campaign. The video advertisements, along with the broader “Build It” campaign, celebrate the crucial manufacturing work performed in the U.S. to build and deliver platforms and technologies in support of the national defense. These include American-built U.S. Navy ships and submarines, as well as uncr ...

Financial Data and Key Metrics Changes - The total number of shares outstanding and entitled to vote at the close of business on the record date was 39,235,593 shares of common stock [10] - Each of the 12 nominees for director received more than 87% of the shares voted and has been elected to serve until the 2026 annual meeting [19] Business Line Data and Key Metrics Changes - The proposal to approve on an advisory basis the compensation of named executive officers received 30,456,940 votes and has passed [19] - The proposal to ratify the appointment of Deloitte and Touche as the company's auditor for 2025 received 34,005,499 votes and has passed [19] Market Data and Key Metrics Changes - The proposal to eliminate the personal liability of officers for monetary damages for breach of certain fiduciary duties received 26,048,180 votes and has passed [19] - The proposal to amend the company's restated certificate of incorporation to conform with the company's special meeting bylaws received 31,294,405 votes and has passed [20] Company Strategy and Development Direction and Industry Competition - The company did not make a formal presentation about its strategy during the meeting but indicated that stockholders received copies of the 2024 annual report and proxy statement [21] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [21] Other Important Information - The meeting was conducted virtually, and stockholders were able to submit questions through the meeting website [8] - The meeting was adjourned without further business to discuss, indicating a lack of additional inquiries from stockholders [22] Q&A Session All Questions and Answers Question: Were there any questions submitted during the meeting? - There were no questions submitted during the meeting [16][22]

"HII's apprenticeship programs are more than just job training opportunities, they're a powerful bridge to fulfilling a life-long career," said Edmond Hughes, HII's executive vice president and chief human resources officer. "We can't win without them! Our apprentices are the foundation of our skilled workforce and each one plays a critical role in building ships to advance our national defense." NEWPORT NEWS, Va., April 29, 2025 (GLOBE NEWSWIRE) -- In honor of National Apprenticeship Day on April 30, HII ( ...

PASCAGOULA, Miss., April 28, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division was recognized Thursday with a 2025 Governor’s Initiative for Volunteer Excellence (GIVE) award presented by Volunteer Mississippi in partnership with the Office of the Mississippi Governor. Ingalls received the corporate volunteering champion award, which recognizes private sector corporations and small businesses that implement employee volunteer programs with demonstrable community impact and that set co ...

Core Insights - HII hosted leaders from HD Hyundai Heavy Industries to advance their joint goals outlined in a recent memorandum of understanding, focusing on identifying near-term opportunities and enhancing ship production processes [1][4] Company Collaboration - The visit was part of ongoing discussions between HII and its international partners, showcasing the capabilities of Ingalls Shipbuilding in supporting national security and exchanging best practices [2][4] - HII and HHI aim to leverage their combined expertise to drive technological innovation, improve production efficiency, and strengthen the global defense industry [4] Technological Advancements - The tour included a visit to Ingalls' new virtual welding lab, which enhances the skills of current and future shipbuilders and sets a new benchmark for technology in workforce training [2][4] Company Overview - HII is recognized as the largest military shipbuilder in the U.S., with over 135 years of history in advancing national security, providing capabilities that range from ships to unmanned systems and cyber solutions [6][7]

Core Points - HII has been recognized for the second consecutive year as one of the top companies in the U.S. for its commitment to employee well-being through innovative benefits and initiatives [1][3] - The company is among 53 organizations awarded the 2025 Best Employers: Excellence in Health & Well-being Award by the Business Group on Health [1][2] - HII is one of three defense contractors included in the award list, highlighting its commitment to employee health and well-being [4] Company Overview - HII is a global defense provider with a mission to deliver powerful ships and all-domain solutions to protect national security [8] - The company has a workforce of 44,000 and is recognized as the nation's largest military shipbuilder, with over 135 years of history in advancing U.S. national security [9] - HII emphasizes a supportive work environment, competitive benefits, and educational programs for career growth [7]

Core Insights - HII has been recognized for the second consecutive year as one of the top companies in the U.S. for its commitment to employee well-being through innovative benefits and initiatives [1][3] - The company is among 53 organizations awarded the 2025 Best Employers: Excellence in Health & Well-being Award by the Business Group on Health [1][2] Company Overview - HII is a global defense provider and the largest military shipbuilder in the U.S., with a workforce of 44,000 [8][9] - The company has a history of over 135 years in advancing U.S. national security, delivering capabilities that include ships, unmanned systems, cyber, ISR, AI/ML, and synthetic training [9] Employee Well-being Initiatives - HII's recognition reflects its commitment to providing best-in-class benefits and well-being programs for employees and their families [3] - The award highlights HII's focus on critical workforce issues, including mental health and health equity [2][4] Industry Recognition - HII was one of three defense contractors recognized among a diverse group of industries for their innovative approaches to employee health and well-being [4] - The Business Group on Health emphasizes that the awardees serve as a blueprint for other employers looking to enhance their health and well-being offerings [6]

NEWPORT NEWS, Va., April 16, 2025 (GLOBE NEWSWIRE) -- HII (NYSE:HII) hosted the secretary of the Navy at its Newport News Shipbuilding division Wednesday for a tour of the shipyard, meetings with company leadership, and direct interactions with shipbuilders and sailors. It was the first visit to NNS by Secretary of the Navy John Phelan since confirmation to the position in March. "The work being done in Newport News is essential to American seapower," Phelan said. "These incredible workers are not just buil ...