HII · 10-Q · 2026Q3 · Full report

Backlog and Book-to-Bill

HUNTINGTON INGALLS INDUSTRIES, INC. · 2026-10-29 · Importance 81 · Surprise 64 · Contradicted

Total backlog reached $86.181 billion at September 30, 2026, up from $53.139 billion at December 31, 2025. Newport News backlog rose to $60.752 billion from $29.925 billion, including $42.151 billion of unfunded backlog, while Ingalls backlog was $18.881 billion and Mission Technologies backlog was $6.548 billion. Nine-month contract awards totaled approximately $43.1 billion, primarily reflecting awards for nine Block VI Virginia-class submarines and five Build II Columbia-class submarines. U.S. Government orders comprised substantially all backlog at both reporting dates.

Key facts

• Total backlog was $86.2 billion as of September 30, 2026, compared with $53.1 billion as of December 31, 2025. source
• HII expects approximately 22% of the $53.1 billion total backlog as of December 31, 2025, to convert into sales in 2026. source
• The value of new contract awards in the nine months ended September 30, 2026, was approximately $43.1 billion, primarily driven by awards to construct nine Block VI Virginia-class submarines and five Build II Columbia-class submarines. source
• As of September 30, 2026, Ingalls backlog was $18.881 billion: $16.674 billion funded and $2.207 billion unfunded. source
• As of September 30, 2026, Newport News backlog was $60.752 billion: $18.601 billion funded and $42.151 billion unfunded. source
• As of September 30, 2026, Mission Technologies backlog was $6.548 billion: $2.630 billion funded and $3.918 billion unfunded. source

Impact estimates