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Revenue of $11.535B in 2024, essentially flat vs $11.454B in 2023
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Sales and Service Revenues $11,535 $11,454
Context source · CXF-S-DB7A8D71F377
db7a8d71f3774076e906…140 pages · 20 MBDISTILLATES
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Sales and Service Revenues $11,535 $11,454
Segment Operating Margin(1) 5.0% 7.4%
Free Cash Flow(2) 40 692
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
our qualified pension plans were funded 125% and 114%, respectively on a FAS basis
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
HII IS A GLOBAL, ALL-DOMAIN DEFENSE PROVIDER
INGALLS Awarded Amphibious Multi-Ship Procurement Contracts Valued at $9.6 Billion
Christopher D. Kastner 61 President and Chief Executive Officer
lower volumes on aircraft carriers and cumulative catch-up adjustments on the Virginia class (SSN 774) submarine program at Newport News
an award for an advanced planning contract for the RCOH of USS Harry S. Truman (CVN 75)
JPMorgan Chase Bank, N.A., as Administrative Agent
Ingalls awarded $9.6B amphibious multi-ship procurement contracts
INGALLS Awarded Amphibious Multi-Ship Procurement Contracts Valued at $9.6 Billion
Mission Technologies awarded $3B LOGIX contract to support national defense
Awarded $3 Billion LOGIX contract to support national defense
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