Huntington Ingalls Industries Inc's Corporate Customers have recorded an advance in their cost of revenue by 6.95 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -16.24 %. During the corresponding time, Huntington Ingalls Industries Inc recorded a revenue increase by 13.35 % year on year, sequentially revenue fell by -10.85 %. While revenue at the Huntington Ingalls Industries Inc 's corporate clients recorded rose by 7.7 % year on year, sequentially revenue fell by -10.46 %.
Huntington Ingalls Industries Inc's Customers have recorded an advance in their cost of revenue by 6.95 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -16.24 %, for the same period Huntington Ingalls Industries Inc recorded revenue increase by 13.35 % year on year, sequentially revenue fell by -10.85 %.
Huntington Ingalls Industries Inc's Comment on Sales, Marketing and Customers
The company primarily serves the U.S. Government, including the U.S. Navy, the U.S. Coast Guard, the Department of Energy (DoE), and other federal agencies. It supports the U.S. Navy by maintaining and modernizing most of its fleet, which includes small watercraft, submarines, surface combatants, and aircraft carriers. The company also supports the DoE's national security mission through site management, operation, and cleanup of legacy waste. Additionally, it develops advanced unmanned systems for defense, marine research, and commercial applications, serving customers in more than 30 countries. Approximately 80-81% of its revenues in recent years have been generated from the U.S. Navy.
News about Huntington Ingalls Industries Inc Contracts
In an era marked by rapid technological advancements and the evolving landscape of defense, HII (Huntington Ingalls Industries), America s largest military shipbuilder, stands at the forefront of innovation and workforce development. Recent announcements showcase HII’s noteworthy achievements, including the completion of its 750th REMUS unmanned undersea vehicle (UUV) for the German Navy and remarkable initiatives aimed at nurturing the next generation of shipbuilding talent. Pioneering Undersea Technologies At the DSEI EXPO in London on September 10, 2025, HII proudly announced a significant milestone: the successful production and delivery of the 750th REMUS UUV. This advanced unmanned vehicle is a test...
HII: Pioneering Progress in Shipbuilding through Excellence, Innovation, and Community EngagementIn a world where technological innovation intertwines with community involvement, HII (NYSE: HII) stands out as a beacon of progress and responsibility. The company’s efforts across its Ingalls Shipbuilding and Newport News Shipbuilding divisions reflect a commitment to excellence not only in manufacturing cutting-edge naval vessels but also in fostering talent and giving back to the community. From receiving awards for excellence in volunteering to adopting advanced manufacturing technologies, HII is positioning itself as a leader in both maritime innovation and community engagement. Recognizing Volunteer Ex...
Newport News, Va. March 4, 2025 Highlighting its commitment to innovation and tradition, HII (NYSE: HII), one of the largest military shipbuilders in America, recently achieved a significant milestone at its Newport News Shipbuilding division. The company announced the successful installation of the first valve manifold assembly produced using additive manufacturing technology on a new construction aircraft carrier. This accomplishment signifies a noteworthy advancement in modern naval shipbuilding, underscoring HII’s dedication to integrating cutting-edge technologies into the shipbuilding process.Additive manufacturing, commonly known as 3D printing, is revolutionizing the way components are produce...
HII Advances Naval and Space Technology with Strategic Redeliveries, New Facilities, and Major ContractsIn a remarkable stride towards bolstering U.S. naval capabilities and advancing the frontiers of space exploration, HII (NYSE: HII), a global leader in shipbuilding and defense technologies, has achieved significant milestones across its diverse operational divisions. These developments highlight HII’s continued commitment to innovation and strategic partnerships with the U.S. Navy and the aerospace industry.On November 13, 2024, HII s Newport News Shipbuilding division successfully completed the post-shakedown availability (PSA) work on the USS Montana (SSN 794), a Virginia-class fast attack submarine....
In a series of strategic moves that underscore its pivotal role in advancing U.S. naval and defense capabilities, Huntington Ingalls Industries (HII) has been making remarkable strides across its divisions. The company, noted for its prowess in shipbuilding and defense technologies, has recently positioned itself at the forefront of military and maritime innovation with significant contracts and deliveries. Hosting High Praise from The Top Brass On October 4, 2024, HII welcomed Gen. Charles Q. Brown Jr. the Chairman of the Joint Chiefs of Staff, to its Newport News Shipbuilding division, symbolizing the high-level military confidence and strategic alignment with the company. The visit highlighted HII s vital...
Navigating Challenges and Opportunities: HII s $9.6 Billion Amphibious Ship Contracts Amid Shifting Revenue Dynamics On September 24, 2024, Huntington Ingalls Industries (HII), a prominent player in the defense and shipbuilding sectors, announced a monumental step in its growth trajectory. The company’s Ingalls Shipbuilding division secured a significant $9.6 billion multi-ship procurement contract for the construction of three San Antonio-class (LPD 17) amphibious vessels, alongside a contract modification for the next America-class (LHA 6) large-deck amphibious ship. This award, heralded as the first of its kind for amphibious ships, sets the stage for the construction of LPDs 33, 34, 35, and LHA 10 for...
On a sun-drenched Thursday morning in Pascagoula, Mississippi, a pivotal moment in naval history unfolded as the San Antonio-class amphibious transport dock ship Richard M. McCool, Jr. (LPD 29) made its departure from HII’s Ingalls Shipbuilding division. Amidst the rhythmic clamor of shipyard machinery and the buzz of activity, onlookers gathered to witness the significant milestone that marks the birth of yet another formidable asset in the United States Navy.The Richard M. McCool, Jr. , named in honor of a distinguished naval veteran, embodies the advanced capabilities and robust design that characterize the San Antonio-class. These ships are engineered to enhance amphibious operations, serving as a c...
Huntington Ingalls Industries (HII), a prominent player in the aerospace and defense industry, is embarking on an ambitious expansion with its Enlighten subsidiary, recently inaugurating a new office in Columbia, Maryland. This strategic move, completed on July 31, 2024, marks a significant evolution in HII s pursuit of enhancing support for big data operations and bolstering national security capabilities. As the company deepens its collaboration with various branches of the U.S. military and national security agencies, this facility is poised to become an indispensable hub for innovation and collaboration within the defense sector.The expansion comes at a time when the defense industry is grappling with a...
HII Secures $65 Million Contract Amid Mixed Financial Performance in Q1 2024 Strategic Expansion through High-Quality Research and AnalysisIn a significant stride towards bolstering joint warfighting capabilities, HII s Mission Technologies division has been awarded a $65 million task order to conduct specialized research and analysis for the Joint Staff J7, Deputy Director, Joint Warfighting Development. The contract, announced on July 23, 2024, is aimed at providing high-quality, specialized research and insightful analysis to enhance joint warfighting efficiency and effectiveness.This award underlines HII s ongoing commitment to delivering advanced technological solutions and support services critical to...
Huntington Ingalls Industries (HII), a leading shipbuilding company, recently completed contracted work at the Naval Nuclear Laboratory s Kenneth A. Kesselring Site in West Milton, New York. However, HII s corporate customers have reported an 11.88% increase in their cost of revenue in the first quarter of 2024 compared to the previous year. Sequentially, costs of revenue were trimmed by -19.3%. This fluctuation in costs and revenue has created challenges for HII.Despite a 4.9% year-on-year increase in revenue, HII also experienced a sequential revenue decrease of -11.71%. Additionally, while revenue at HII s corporate clients rose by 8.77% year-on-year, it fell by -6.46% sequentially. This decline in reve...
Huntington Ingalls Industries Inc’s Comment on Sales, Marketing and Customers
The company primarily serves the U.S. Government, including the U.S. Navy, the U.S. Coast Guard, the Department of Energy (DoE), and other federal agencies. It supports the U.S. Navy by maintaining and modernizing most of its fleet, which includes small watercraft, submarines, surface combatants, and aircraft carriers. The company also supports the DoE's national security mission through site management, operation, and cleanup of legacy waste. Additionally, it develops advanced unmanned systems for defense, marine research, and commercial applications, serving customers in more than 30 countries. Approximately 80-81% of its revenues in recent years have been generated from the U.S. Navy.
Sources:
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