Huntington Ingalls Industries (HII) continues to advance its operations by opening another location in Norfolk and bolstering its Additive Manufacturing. The company beat Q1 estimates and topped Q1 EPS by 33c. Their expansion extends to Downtown Syracuse with an Advanced Technology Facility. The company exceeded expectations with its Q3 2023 results, showing a 7.2% rise in revenues to $2.8 billion. It also anticipates ambitious growth, secured a multi-year contract award for 6 destroyers, and has attained a reputation as a profitable investment option, noting a 70% return over the past three years. Its ventures also include acquisitions like Hydroid Inc., partnerships with the National Cyberwatch Center, and continual advancements to its submarine and destroyer programs. Despite facing lawsuits from marine engineers, HII remains committed to employee development, offering programs for high school seniors and championing diversity and inclusion.
Huntington Ingalls Industries HII News Analytics from Sun, 03 Apr 2022 16:12:15 GMT to Tue, 14 May 2024 16:30:10 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 2
