HII reported record third-quarter revenues of $3.2 billion and net earnings of $145 million. Operating income and margin improved significantly compared to the same period last year. New contract awards were $2.0 billion, increasing total backlog to $55.7 billion. CEO Chris Kastner highlighted progress in operational initiatives and investments strengthening the workforce.

Ingalls Shipbuilding saw a 24.7% revenue increase in Q3 2025, reaching $828 million. Segment operating income rose to $65 million, driven by higher volumes in surface combatants. Key milestone: completed sea trials for guided missile destroyer Ted Stevens.

Newport News Shipbuilding reported a 14.5% revenue increase to $1.6 billion in Q3 2025. Segment operating income increased to $80 million, with higher volumes in submarines and aircraft carriers. Key milestone: completed sea trials for Virginia-Class Submarine Massachusetts.

Mission Technologies achieved an 11.0% revenue increase to $787 million in Q3 2025. Segment operating income was $34 million, with higher volumes in various sectors. Mission Technologies unveiled new products and announced significant partnerships and investments.

HII’s financial outlook for FY25 includes shipbuilding revenue of $9.0 to $9.1 billion and Mission Technologies revenue of $3.0 to $3.1 billion. Free cash flow guidance increased to $550 to $650 million, with a cumulative FY25 & FY26 target of $1.2 billion. Non-GAAP measures and reconciliations are provided for clarity.

Read more at GlobeNewswire: HII Reports Third Quarter 2025 Results