HII reports record third-quarter revenue and raises shipbuilding outlook

Huntington Ingalls Industries reported record third-quarter 2026 revenue of $3.537 billion for the period ended September 30, up 10.8% from a year earlier, while net earnings rose to $217 million, or $5.48 per diluted share. New contract awards totaled $32.4 billion, and HII raised its fiscal 2026 shipbuilding revenue guidance to $10.5 billion-$10.7 billion from $10.2 billion-$10.4 billion, while reaffirming its 6.0%-6.5% shipbuilding operating-margin range and $500 million-$600 million free-cash-flow outlook.