Sign In
Search
Business/Financial

Huntington Ingalls Industries Sees Third-Quarter Dip In Income, Revenue

Marc Selinger By
SHARE:
Huntington Ingalls Industries Sees Third-Quarter Dip In Income, Revenue
A composite photo illustration representing the Ford-class aircraft carrier, USS John F. Kennedy (CVN 79). Illustration: Huntington Ingalls.

Huntington Ingalls Industries [HII] announced Nov. 3 that its operating income totaled $175 million in the third quarter, down 12.5 percent from the same period last year, as revenue declined 6.5 percent to $1.68 billion.The Ingalls Shipbuilding division saw lower revenue for the Navy’s Amphibious Assault Ships and the Coast Guard’s National Security Cutter program, which was partially offset by higher revenue from Navy Arleigh Burke-class (DDG-51) destroyers. The Newport News Shipbuilding division reported lower revenue mainly due to declines…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Ingalls Division Drives Strong Third Quarter Results At Hungtington Ingalls

Business/Financial

Pension Tailwind Drives Huntington Ingalls’ Profit Up In Second Quarter

Business/Financial

Pension Swing, LPD Improvement Boost Income At Huntington Ingalls

Business/Financial

Pension Adjustments Dampen Huntington Ingalls’ Earnings In First Quarter Despite Strong Sales

Trending

Red Cat Expects LRIP Order Soon For Army’s SRR Small Drone, ‘Aggressive’ Ramp Up In FY ‘26
Golden Dome Head Outlines Near Term Goals, Space-Based Interceptors, And Undecided Architecture
Armada Announces $131 Million Funding Raise To Scale Relocatable Data Center
DoD Acquisition Chief Supports HASC’s Reform Proposal, Lawmakers Urge More Communication
Lockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume