Segment operating margin declined from 7.2% to 6.7%
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Segment Operating Margin(1) 6.7% 7.2%
Context source · CXF-S-4B1B252948CF
4b1b252948cfe51e8270…137 pages · 2 MBDISTILLATES
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Segment Operating Margin(1) 6.7% 7.2%
Mission Technologies revenues... increased $911 million, or 62%, compared to 2021, primarily due to higher volumes in mission based solutions attributable to the acquisition of Alion in 2021
In 2022 HII responded to global economic challenges, and the lingering effects of COVID-19, with special attention to people
U.S. Government orders comprised substantially all of the backlog as of December 31, 2022 and 2021
Newport News segment operating income in 2021 was $352 million
HII renamed its government services division to Mission Technologies
higher volumes in mission based solutions attributable to the acquisition of Alion in 2021
Christopher D. Kastner 59 President and Chief Executive Officer
U.S. Government orders comprised substantially all of the backlog
Columbia class (SSBN 826) submarine program
Indenture, dated as of December 1, 2017, by and among Huntington Ingalls Industries, Inc., the guarantors party thereto, and Wells Fargo Bank
Ingalls Shipbuilding delivered San Antonio-class amphibious transport dock USS Fort Lauderdale (LPD 28) to its U.S. Navy customer in March
$2.4 billion to build amphibious assault ship Fallujah (LHA 9)
Columbia class (SSBN 826) submarine program
lower risk retirement on the Virginia class (SSN 774) submarine program
Ingalls delivered LPD 28 to U.S. Navy
Ingalls Shipbuilding delivered San Antonio-class amphibious transport dock USS Fort Lauderdale (LPD 28) to its U.S. Navy customer in March
HII renamed government services division to Mission Technologies to reflect all-domain solutions positioning
HII renamed its government services division to Mission Technologies
Ingalls awarded $2.4B contract to build amphibious assault ship LHA 9
$2.4 billion to build amphibious assault ship Fallujah (LHA 9)
Ingalls awarded DDG(X) next-generation destroyer design engineering contract
INGALLS SHIPBUILDING AWARDED DDG(X) DESIGN ENGINEERING CONTRACT
Board authorised quarterly dividend increase to $1.24 per share
In November 2022, our board of directors authorized an increase in our quarterly cash dividend to $1.24 per share
HII and U.S. Navy advanced launch and recovery of large unmanned undersea vehicle using amphibious assault ship and Pharos system
HII collaborated with the U.S. Navy on a research and development effort that advanced the launch and recovery of a large size unmanned undersea vehicle
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