Kastner attributes Mission Technologies’ growth to “continued focus on delivering innovative solutions”
HII reported third quarter revenue of $3.2 billion—up 16% from the same period in 2024 and a record for HII. Mission Technologies accounted for $787 million—an increase of 11% over 3Q24.
On the quarterly earnings call, HII President and CEO Chris Kastner credited Mission Technologies’ sales growth to “our team’s continued focus on delivering innovative solutions, including growth in the critical areas of C5ISR, cyber, electronic warfare in space, and live virtual constructive training, as well as unmanned systems.”
The company also raised its full‑year guidance.
“At Mission Technologies, we are now expecting revenue between $3 billion and $3.1 billion, an increase of $50 million from the prior guidance range at the midpoint,” said Thomas Stiehle, HII’s executive vice president and chief financial officer. “We expect Mission Technologies operating margins of approximately 4.5% and EBITDA margins between 8% and 8.5%.”
Andy Green, president of Mission Technologies, reviewed the results in a leadership townhall on Nov. 14. “Really good third quarter,” he said. “We have a lot of momentum, but a lot of additional momentum building behind shipbuilding, and you’re starting to see that in the numbers. It’s made Wall Street very positive on HII.”
For more details, see HII’s full earnings release at hii.com and Kastner’s letter to employees on my.hii.com.
