HII · 8-K · 20261029PR000054

Guidance and Outlook

HUNTINGTON INGALLS INDUSTRIES, INC. · 2026-10-29 · Importance 62 · Surprise 68 · No source text

HII raised its FY26 shipbuilding revenue outlook from $10.2–$10.4 billion to $10.5–$10.7 billion. It reaffirmed shipbuilding operating margin guidance of 6.0%–6.5% and free cash flow guidance of $500–$600 million. Mission Technologies revenue guidance remained $3.0–$3.2 billion, while its segment operating margin outlook increased from approximately 5% to approximately 6%, and its EBITDA margin outlook rose from 8.4%–8.6% to approximately 9%. HII expects cumulative FY26 and FY27 free cash flow of $1.2–$1.3 billion and capital expenditures of approximately $500 million in FY26.

Key facts

• HII set a cumulative FY26 and FY27 free cash flow target of $1.2–$1.3 billion. source
• HII raised FY26 shipbuilding revenue guidance from $10.2–$10.4 billion to $10.5–$10.7 billion. source
• HII's FY26 free cash flow outlook is $500–$600 million. source
• HII's FY26 Mission Technologies revenue outlook is $3.0–$3.2 billion. source
• HII increased FY26 Mission Technologies segment operating margin outlook from approximately 5% to approximately 6%. source
• HII increased FY26 Mission Technologies EBITDA margin outlook from 8.4%–8.6% to approximately 9%. source
• HII reaffirmed FY26 shipbuilding operating margin guidance of 6.0%–6.5%. source

Impact estimates