Defense One Notes Division’s “Steady Growth For The First Half Of The Year”
HII reported second quarter financial results on July 31. Highlights included revenues of $3.1 billion, up 3.5% from the second quarter of 2024, driven by growth at all three divisions.
Mission Technologies’ revenues for the quarter were $791 million, up 3.4% from the same period in 2024. HII’s news release credited the increases to higher volumes in C5ISR and live, virtual, constructive training solutions.
Defense One’s coverage noted that Mission Technologies “has seen steady growth for the first half of the year … aligning with the Pentagon’s investments in drones, electronic warfare, cybersecurity and laser technologies.”
The story quoted HII President and CEO Chris Kastner as saying: “Key wins included a contract to provide live training solutions to the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation.
“We also announced a commercial sale of REMUS 300 UUVs to Hitachi,” Kastner added. “We have the premier uncrewed underwater vehicle program up in our Boston organization within Mission Technologies, and then some very interesting programs we’re evaluating participating in from a surface standpoint. [Those] could be some tail winds, if we’re successful in that regard.”
For more information, read HII’s news release and Kastner’s quarterly message to HII employees.
