HII Reports Record Second Quarter Results
Revenue Reaches $3 Billion, Up 68% from Previous Year
Q2 Earnings per Share Also Increase
Huntington Ingalls Industries (HII) announced record revenue of $3 billion for the second quarter of 2024, representing a substantial 68% increase from the same period last year.
This remarkable growth was driven by strong demand across HII's businesses, including shipbuilding, maintenance, and repair services.
Diluted earnings per share also saw a significant increase, reflecting the company's operational efficiency and financial discipline.
HII's CEO and President, Mike Petters, attributed the success to the team's hard work and dedication, as well as the resilience of the defense and maritime industries.
The company remains optimistic about the future, anticipating continued growth driven by strong customer demand and its focus on innovation and technology.
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