HII reported fourth quarter and full-year financial results on Feb. 1. HII’s 2023 revenues were $11.5 billion, and Mission Technologies’ were $2.7 billion—both records.
Naval Technology attributed Mission Technologies’ 13% growth to “higher volumes in command, control, communications, computers, cyber, intelligence, surveillance, reconnaissance, electronic warfare and space contracts.”
Defense Daily’s coverage added: “Looking out through 2028, HII expects annual sales growth above 4 percent with Mission Technologies growing about 5 percent and shipbuilding 4 percent.”
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