Q2 2023 Highlights - The company achieved record second-quarter revenues of $2.8 billion, a 4.7% year-over-year increase[11] - Diluted EPS for the quarter was $3.27[11] - Shipbuilding revenue reached $2.2 billion, representing a 3.9% increase from Q2 2022[5] - Mission Technologies revenue was $645 million, up 7.5% from Q2 2022[5] Financial Outlook - The company reaffirms its shipbuilding and Mission Technologies guidance[11] - The company reaffirms free cash flow guidance[11] - The company expects shipbuilding operating margin to be flat sequentially from Q2 in Q3 2023[43] - The company expects Mission Technologies segment operating margin to be approximately 2.5% in Q3 2023[43] - The company reaffirms FY23 free cash flow guidance and interest expense[50] - The company expects FY23 free cash flow to be between $400 million and $450 million[51]
Huntington Ingalls Industries(HII) - 2023 Q2 - Earnings Call Presentation