Huntington Ingalls Industries (HII) concludes Q4 2024 with successful earnings and highlighted growth despite challenges.
Nick Stanage joins HII Board of Directors, further strengthening the leadership. HII's shares crossed the 2% yield mark and were raised to 'Buy' at
Wall Street Zen. Despite speculation about HII's debt, the company reported a record backlog and surging cash flow in Q2 2025, beating estimates. The impressive Q2 results also led to its share price hitting a new 1-year high.
HII and
HD Hyundai Heavy Industries signed a memorandum of understanding, indicating potential partnerships in the future. The company also focused on innovation with the installation of its first additively manufactured valve manifold assembly on an aircraft carrier and opening a new Virtual Reality Welding Lab in its
Ingalls Shipbuilding unit. Increasing investments in
HII were noted from several financial bodies including LPL Financial LLC, Sound View Wealth Advisors Group LLC and Natixis Advisors LLC. With the company's intent to acquire South Carolina Advanced Metal Fabricator's assets and workforce, HII aims to expand its shipbuilding capacity significantly.
Huntington Ingalls Industries HII News Analytics from Mon, 23 Sep 2024 16:19:44 GMT to Sat, 02 Aug 2025 07:38:16 GMT -
Rating 8
- Innovation 8
- Information 9
- Rumor -3
