HII · 8-K · 20261029PR000054
Defense Contract Awards
HUNTINGTON INGALLS INDUSTRIES, INC. · 2026-10-29 · Importance 64 · Surprise 42 · In source text
HII reported $32.4 billion in new contract awards during the third quarter of 2026, with year-to-date awards totaling $43.1 billion. Management said the significant awards secured approximately 90% of expected shipbuilding revenue through 2030. The awards provide multi-year revenue visibility and management said its focus is now on shipbuilding execution.
Key facts
- HII was awarded a $2.2 billion contract to advance U.S. surveillance and intelligence capabilities for the Western Hemisphere. source
- HII was awarded contracts for construction of Block VI Virginia-class and Build II Columbia-class submarines. source
- HII was awarded a long-lead-time materials contract for construction of planned aircraft carrier CVN 82. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +52.9% | HII was awarded a $2.2 billion contract to advance U.S. surveillance and intelligence capabilities for the Western Hemisphere. |