Huntington Ingalls Reports Q2 2026 Earnings, Raises Guidance
Huntington Ingalls Industries (HII) reported second-quarter sales of $3.4 billion and diluted earnings per share of $5.27 for the quarter ending July 31, 2026. Shipbuilding revenue reached $2.7 billion, a year-over-year increase of 16%, marking four consecutive quarters of double-digit growth. The company raised its full-year shipbuilding revenue guidance to between $10.2 billion and $10.4 billion and increased margin expectations to range from 6% to 6.5%. HII also reported second-quarter contract awards totaling $6.7 billion, reflecting strong customer demand. Key project updates include the successful completion of builder trials for CVN-79 Kennedy earlier in the quarter with preliminary acceptance expected later this year and final delivery scheduled for 2027. Progress on CVN-80 Enterprise reached 64% erected, while plans are underway to lay the keel for CVN-81 later in 2026.
Tickers: $HII