HII claims record second-quarter revenues, SSN-798's delivery timeline shifts

By Abby Shepherd / August 1, 2024 at 12:22 PM
Shipbuilder HII experienced record second-quarter revenues of $3 billion -- up 6.8% compared to last year’s second quarter -- and a recent boost in hiring to keep the company on track to achieve its goal of 6,000 new hires by the end of the year, according to CEO Chris Kastner on today’s earnings call. In the past quarter, HII delivered Virginia-class submarine New Jersey (SSN-796) and dock landing ship Richard M. McCool Jr. (LPD-29). However, the delivery of Virginia-class submarine...

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