MCLEAN, Va., Aug. 20, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division is among the companies included on a multiple award contract to provide training products and services that will enhance U.S. Navy fleet readiness. The indefinite-delivery, indefinite-quantity (IDIQ) contract has a ceiling of $267 million and will enable HII to compete for task orders for the Naval Education and Training Professional Development Center, which supports professional growth and ...

Core Insights - HII has elected Nick Stanage, former chairman, CEO, and president of Hexcel Corporation, to its board of directors, enhancing its leadership team for future growth [1][2]. Company Overview - HII is a global, all-domain defense provider focused on delivering powerful ships and solutions to support national security [6]. - The company has a history of over 135 years in advancing U.S. national security and is the largest military shipbuilder in the nation [7]. - HII employs a workforce of 44,000 and offers capabilities ranging from ships to uncrewed systems, cyber, ISR, AI/ML, and synthetic training [7]. Leadership Experience - Nick Stanage brings decades of experience in industrial manufacturing, particularly in aerospace, automotive, and construction equipment [2]. - His previous roles include president and CEO of Hexcel Corporation, where he served from 2013 until his retirement in May 2024 [2][4]. - Stanage has also held leadership positions at Honeywell Aerospace and Dana Holding Corporation, focusing on technology, operations, and supply chain management [4]. Educational Background - Stanage holds a Bachelor of Science degree in mechanical engineering from Western Michigan University and an MBA from the University of Notre Dame [5].

Core Viewpoint - HII is set to release its second quarter 2025 financial results on July 31, 2025, and will host an earnings conference call at 9 a.m. Eastern time on the same day [1]. Group 1: Financial Results Announcement - HII will announce its second quarter 2025 financial results on July 31, 2025 [1]. - An earnings conference call will take place at 9 a.m. Eastern time, which will be webcast live on HII's website [1][2]. - Participants in the call will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer [2]. Group 2: Company Overview - HII is a global, all-domain defense provider focused on delivering powerful ships and solutions to enhance national security [3]. - As the largest military shipbuilder in the U.S., HII has a history of over 135 years in advancing national security [4]. - The company offers critical capabilities that include ships, unmanned systems, cyber, ISR, AI/ML, and synthetic training [4]. - HII is headquartered in Virginia and employs a workforce of 44,000 [4].

Core Points - HII announced the launch of the Virginia-class submarine Arkansas (SSN 800) at its Newport News Shipbuilding division, marking a significant milestone in submarine construction [1][2] - The Arkansas is the 27th Virginia-class submarine and the 13th delivered by HII, showcasing advanced capabilities that enhance firepower, maneuverability, and stealth [3] Company Commitment - HII is committed to increasing submarine construction cadence and throughput for the U.S. Navy, emphasizing the importance of nuclear-powered submarines for national security [2] Historical Significance - The submarine's sponsors are the six women of the Little Rock Nine, symbolizing a historic moment in the desegregation of schools in the U.S. [2] Company Overview - HII is the largest military shipbuilder in the U.S. with over 135 years of history in advancing national security, employing a workforce of 44,000 [6][7] - The company provides critical capabilities across various domains, including ships, unmanned systems, cyber, ISR, AI/ML, and synthetic training [7]

Company Overview - HII is a global, all-domain defense provider focused on delivering powerful ships and solutions to protect peace and freedom worldwide [2] - As the largest military shipbuilder in the U.S., HII has a history of over 135 years in advancing national security [3] - The company employs a workforce of 44,000 [3] Upcoming Events - HII will participate in Bernstein's Strategic Decisions Conference on May 28, with a conversation featuring President and CEO Chris Kastner scheduled for 3:30 p.m. Eastern time [1]

Core Viewpoint - Huntington Ingalls Industries (HII) has shown strong stock market performance in 2025, delivering a 21% return to shareholders year to date [1] Group 1: Company Overview - Huntington Ingalls Industries is the largest military shipbuilder in the United States, poised to benefit from increased funding for domestic shipbuilding programs proposed by the new Trump administration [2] - The company has a significant order backlog of $48 billion and anticipates over $50 billion in additional awards in the next 20 months, enhancing its earnings potential [9] Group 2: National Security Role - The company plays a critical role in national security by constructing advanced naval vessels, including the only U.S. facility capable of building Gerald R. Ford-class aircraft carriers [4] - Huntington Ingalls also produces Arleigh Burke-class destroyers and develops uncrewed undersea vehicles, showcasing its diverse defense capabilities [5][6] Group 3: Impact of Trump's Defense Agenda - The Trump administration's focus on revitalizing U.S. military strength and enhancing domestic shipbuilding capabilities is expected to benefit Huntington Ingalls [7][8] Group 4: Financial Performance and Growth Outlook - In Q1, Huntington Ingalls reported revenue of $2.7 billion, a 2.5% decline year over year, but earnings per share (EPS) of $3.97 exceeded expectations [10] - The company projects full-year shipbuilding revenue between $8.9 billion and $9.1 billion, indicating a 3% increase from 2024 [10] - A new production site near Charleston, South Carolina, is expected to increase capacity by 20%, supporting future growth [11] Group 5: Dividend and Valuation - Huntington Ingalls has a quarterly dividend of $1.35 per share, yielding 2.31%, and has increased its annual dividend for the past 13 years, indicating potential for future growth [11] - The company trades at a forward price-to-earnings (P/E) ratio of 16, which is lower than the average of 19 for its defense sector peers, suggesting it may be undervalued [13][14] Group 6: Investment Perspective - The overall outlook for Huntington Ingalls is positive, with strong fundamentals and strategic positioning in the defense sector making it an attractive option for investors [16]

Group 1: Deere (DE) - Deere's stock has increased over 16% year-to-date, driven by optimism regarding easing trade tensions [3] - The company reported a first-quarter net income of $869 million, with a full-year forecast of $5 billion to $5.5 billion, but faced a 30% revenue decline and a 50% drop in net income compared to the previous year [5] - Deere's supply chain is relatively protected against tariffs due to domestic manufacturing, and the company is expected to address supply chain adjustments in its upcoming earnings call [9] Group 2: Energy Transfer (ET) - Energy Transfer has a distribution yield of 7.5% and plans to invest $5 billion in growth capital expenditures in 2025, significantly higher than its maintenance capital expenditures of $1.1 billion [12] - The company is in discussions to develop a large LNG export facility in Lake Charles, Louisiana, which could enhance its position in the energy market [13] - The current administration's business-friendly policies are expected to support the development of U.S. energy assets, benefiting companies like Energy Transfer [11] Group 3: Huntington Ingalls Industries (HII) - Huntington Ingalls' shares have risen over 20% in 2025, contrasting with a nearly 4% dip in the S&P 500, and the company offers a forward yield of 2.3% [14] - The company reported first-quarter revenue of $2.7 billion, below expectations, but exceeded earnings estimates with an EPS of $3.79 [15] - Management reaffirmed a 2025 forecast of shipbuilding revenue between $8.9 billion and $9.1 billion, alongside a free cash flow projection of $300 million to $500 million [16]

Core Insights - HII is celebrating National Apprenticeship Day by highlighting its apprenticeship programs that contribute to national security through skilled workforce development [1][2][4] Company Overview - HII is the largest military shipbuilder in the U.S. with a history of over 135 years in advancing national security [10][11] - The company employs approximately 44,000 individuals and provides a range of capabilities from ships to advanced technologies [11] Apprenticeship Programs - HII operates three major apprenticeship programs across its divisions, focusing on developing skilled professionals in various trades [3][7] - The Newport News Shipbuilding Apprentice School offers tuition-free apprenticeships in 19 trades, with a history dating back to 1919 [7] - The Ingalls Shipbuilding Apprentice School has produced over 4,000 graduates since 1952, currently enrolling 600 apprentices [7][8] - Mission Technologies' Global Security group offers apprenticeships in nuclear and environmental services, as well as fleet sustainment [8] Commitment to Workforce Development - HII's "Build It" hiring campaign emphasizes the importance of apprenticeship programs in building a skilled workforce [3] - The company partners with educational institutions to provide structured training and invests in STEM education at various school levels [8]