The evidence/CXF-S-DB7A8D71F377

Context source · CXF-S-DB7A8D71F377

Huntington Ingalls Industries 2024 Annual Report / Form 10-K

Original sourceAnnual report / Form 10-K · 2024
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SHA-256 db7a8d71f3774076e906…140 pages · 20 MB

DISTILLATES

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claimallegation

Revenue of $11.535B in 2024, essentially flat vs $11.454B in 2023

Read the anchor · page 138
Sales and Service Revenues $11,535 $11,454
claimallegation

Segment operating margin declined from 7.4% to 5.0%

Read the anchor · page 6
Segment Operating Margin(1) 5.0% 7.4%
claimallegation

Free cash flow declined from $692M to $40M

Read the anchor · page 6
Free Cash Flow(2) 40 692
claimallegation

2024 effective tax rate 14.5% due to R&D credits

Read the anchor · page 67
our effective tax rate on earnings from continuing operations was 14.5% in 2024, compared to 20.2% in 2023. The decrease... was primarily attributable to current and prior period research and development tax credits
claimallegation

Qualified pension plans funded 125% on FAS basis

Read the anchor · page 70
our qualified pension plans were funded 125% and 114%, respectively on a FAS basis
claimallegation

2024 framed as year of 'important milestones' and positioning for improved performance

Read the anchor · page 4
WE WILL REMEMBER 2024 AS A YEAR WE ACHIEVED IMPORTANT MILESTONES, AFFIRMED THE ALIGNMENT OF OUR PORTFOLIO WITH OUR CUSTOMERS' NEEDS, AND POSITIONED THE COMPANY FOR IMPROVED OPERATIONAL PERFORMANCE
entityobservation

Huntington Ingalls Industries, Inc. (HII)

Read the anchor · page 3
HII IS A GLOBAL, ALL-DOMAIN DEFENSE PROVIDER
entityobservation

Ingalls Shipbuilding

Read the anchor · page 7
INGALLS Awarded Amphibious Multi-Ship Procurement Contracts Valued at $9.6 Billion
entityobservation

Christopher D. Kastner

Read the anchor · page 124
Christopher D. Kastner 61 President and Chief Executive Officer
entityobservation

Virginia class (SSN 774)

Read the anchor · page 66
lower volumes on aircraft carriers and cumulative catch-up adjustments on the Virginia class (SSN 774) submarine program at Newport News
entityobservation

USS Harry S. Truman (CVN 75)

Read the anchor · page 68
an award for an advanced planning contract for the RCOH of USS Harry S. Truman (CVN 75)
entityobservation

JPMorgan Chase Bank, N.A.

Read the anchor · page 130
JPMorgan Chase Bank, N.A., as Administrative Agent
eventattribution

$9.6B Ingalls amphibious multi-ship procurement

Ingalls awarded $9.6B amphibious multi-ship procurement contracts

Read the anchor · page 7
INGALLS Awarded Amphibious Multi-Ship Procurement Contracts Valued at $9.6 Billion
eventattribution

$3B LOGIX contract award

Mission Technologies awarded $3B LOGIX contract to support national defense

Read the anchor · page 7
Awarded $3 Billion LOGIX contract to support national defense
distillateallegation

CONNECT

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WEIGH

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