HUNTINGTON INGALLS INDUSTRIES, INC. (NYSE:HII) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
Results of Operations and Financial Condition.
On February 14, 2019, Huntington Ingalls Industries, Inc. issued a press release announcing its financial results for the year and quarter ended December 31, 2018. A copy of the press release is furnished as Exhibit 99.1 hereto. Also furnished as Exhibit 99.2 is the corporation’s earnings presentation for the fourth quarter 2018 earnings release conference call.
HUNTINGTON INGALLS INDUSTRIES, INC. Exhibit
EX-99.1 2 hii2018q4earningsrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1News Release Contacts: Jerri Fuller Dickseski (Media)[email protected] Dwayne Blake (Investors)[email protected] Ingalls Industries Reports Fourth Quarter and Full Year 2018 Results•Revenues were $2.2 billion in the quarter; $8.2 billion in 2018•Operating margin was 9.7% in the quarter; 11.6% in 2018•Diluted earnings per share was $4.94 in the quarter; $19.09 in 2018•Cash from operations was $914 million and free cash flow1 was $512 million in 2018NEWPORT NEWS,…
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About HUNTINGTON INGALLS INDUSTRIES, INC. (NYSE:HII)
Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer, builder and refueler of nuclear powered aircraft carriers, a builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters (NSCs) for the United States Coast Guard. The Company operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary, which is organized into two segments: Ingalls Shipbuilding (Ingalls), which includes non-nuclear ship design, construction, repair and maintenance businesses, and Newport News Shipbuilding (Newport News), which includes the nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. It designs and builds nuclear-powered submarines for the United States Navy and builds the Navy’s fleet of DDG51 Arleigh Burke-class destroyers.
