HII Stock Recent News

PASCAGOULA, Miss., July 10, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted Assistant Secretary of the Navy for Research, Development and Acquisition Nickolas Guertin at its Ingalls Shipbuilding division today.

Investors with an interest in Aerospace - Defense stocks have likely encountered both Huntington Ingalls (HII) and Lockheed Martin (LMT). But which of these two companies is the best option for those looking for undervalued stocks?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

NEWPORT NEWS, Va., July 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will release its second quarter 2024 financial results on Thursday, Aug. 1 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/.

We believe that Huntington Ingalls Industries stock , a military shipbuilding company, is currently a better pick than its industry peer – BWX Technologies stock (NYSE: BWXT), a supplier of nuclear components and fuel. BWXT stock trades at a higher multiple of 3.4x sales, versus 0.9x revenues for HII.

Huntington Ingalls' business model has allowed it to deliver steady dividend growth to shareholders in recent years. The company's revenue climbed to a record high in the first quarter while diluted EPS also surged higher. HII's interest coverage ratio for the quarter was healthy.

PASCAGOULA, Miss., June 28, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) Ingalls Shipbuilding division hosted 23 Mississippi educators for a two-week Educator Externship program at the company's shipyard in Pascagoula. The program, which ran from June 3 – June 14, was facilitated by the Ingalls human resources and administration team and provided educators with the opportunity to work alongside shipbuilders throughout the yard.

PASCAGOULA, Miss., June 26, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) Ingalls Shipbuilding division announced today that the application period for its annual science, technology, engineering and mathematics (STEM) grant awards are now open for the 2024 -2025 academic school year and will remain open until Friday, October 18.

NEWPORT NEWS, Va., June 25, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today hosted a congressional delegation from the House Armed Services Committee at its Newport News Shipbuilding division to meet with shipyard leadership and a tour of the company's facilities.

NEWPORT NEWS, Va., June 17, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) Newport News Shipbuilding division, alongside U.S. Navy, city of Newport News and commonwealth of Virginia partners, announced today construction of a new parking garage that will enhance the working experience for NNS shipbuilders and sailors assigned to the shipyard.