Exhibit 99.1 News Release Contacts: Brooke Hart (Media) brooke.hart@hii-co.com 202-264-7108 Christie Thomas (Investors) christie.thomas@hii-co.com 757-380-2104 HII Reports Third Quarter 2024 Results and Provides Updated Outlook NEWPORT NEWS, Va. (October 31, 2024) - HII (NYSE: HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billion Third quarter net earnings were $101 million or $2.56 diluted earnings per sha ...

NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billion Third quarter net earnings were $101 million or $2.56 diluted earnings per share Third quarter free cash flow1 was $136 million Company is providing updated fiscal 2024 outlook Company is withdrawing 5-year free cash flow1 outlook Third Quarter Results Third quarter 2024 revenues of $2.7 bil ...

NEWPORT 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 shi ...

NEWPORT NEWS, Va., Oct. 28, 2024 (GLOBE NEWSWIRE) -- All-domain defense and technologies provider HII (NYSE: HII) announced today that the company's scholarship fund, now in its ninth year, has awarded 194 scholarships to dependent children of HII employees for the 2024-2025 school year. Additionally, the fund renewed 94 previously awarded scholarships. HII's scholarship fund has awarded more than $3.6 million in 1,555 scholarships over the life of the program, providing educational opportunities to more th ...

Huntington Ingalls Industries, Inc. (HII) is scheduled to release its third-quarter 2024 earnings on Oct. 31 before market open.  See the Zacks Earnings Calendar to stay ahead of market-making news.The company holds a four-quarter average earnings surprise of 26.17%. Solid revenue performance across the majority of its business segments and robust margin performance in its shipbuilding business are likely to have contributed to HII’s overall performance in the third quarter of 2024.   HII’s Ingalls Unit: An ...

MCLEAN, Va., Oct. 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced that its Mission Technologies division will consolidate its six operational groups into four. The changes are designed to optimize the division for continued long-term growth. Effective Monday, Oct. 28, the division will reorganize into the following groups: All-Domain Operations, led by Todd Gentry, comprises C5ISR operations; platforms and logistics support; and intelligence analysis. Global Security, led by Michael Lempke, comprises ...

The market expects Huntington Ingalls (HII) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key n ...

MCLEAN, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced the promotion of John Bell to chief technology officer (CTO) for its Mission Technologies division. Bell's appointment is part of the alignment between HII's Mission Technologies CTO office and the corporate CTO office, supporting the rapid growth of Mission Technologies, new cross-division opportunities, and the adoption of "Industry 4.0" capabilities, including Artificial Intelligence (AI), Big Data, and Robotics. "As HII looks to th ...

Huntington Ingalls Industries Inc.'s (HII) business unit, Ingalls Shipbuilding, recently launched the USS Harrisburg, which is the 14th San Antonio-class amphibious transport dock ship, otherwise known as LPD 30. This should bolster HII's position in the naval shipbuilding industry. A Brief Note on HII's LPD 30 Amphibious Ship Landing Platform Dock (LPD) 30, the first LPD Flight II warship, is a versatile, durable and cost-effective warship that will meet the Navy and Marine Corps' needs. Using LPD 17's pro ...

MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division will lead one of the four new microelectronics projects stemming from the CHIPS and Science Act, which aims to strengthen the nation's semiconductor manufacturing capabilities and reduce dependency on foreign sources of microelectronics. The projects are awarded in collaboration with the Silicon Crossroads Microelectronics Commons (SCMC) Hub, as part of the Microelectronics Commons initiativ ...