Huntington Ingalls Industries Reports Q1 2025 Results

Huntington Ingalls Industries ( (HII) ) has released its Q1 earnings. Here is a breakdown of the information Huntington Ingalls Industries presented to its investors.

Huntington Ingalls Industries (HII) is a leading global defense provider, specializing in military shipbuilding and all-domain defense solutions, with a rich history of supporting U.S. national security. In its first quarter of 2025, HII reported revenues of $2.7 billion, a slight decrease from the previous year, alongside net earnings of $149 million and diluted earnings per share of $3.79. The company secured new contract awards worth $2.1 billion, contributing to a robust backlog of $48 billion. Despite a decline in revenues, HII saw improvements in operating income and margins, driven by favorable adjustments and strong segment performance, notably in Mission Technologies and Newport News Shipbuilding. However, Ingalls Shipbuilding faced challenges with decreased revenues and operating income. Looking ahead, HII remains optimistic about its operational initiatives and cost-saving measures, reaffirming its financial guidance for 2025, with expectations of improved throughput and support for expanding shipbuilding capabilities.