Huntington Ingalls secures 5.09 billion contract. Huntington Ingalls stock gains 2.14 percent
Published on 10/01/2026 at 17:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Huntington Ingalls secured a USD 5.09 billion contract for the refueling and complex overhaul of the USS Harry S. Truman, while its stock was up 2.14 percent at EUR 240.75 on October 1, 2026. As TradingView reported, the contract includes options that could lift its cumulative value to USD 5.18 billion, and the U.S. Navy also ordered 10 ROMULUS unmanned surface vessels.
Carrier contract adds scale
The contract belongs to Huntington Ingalls' Newport News Shipbuilding division and covers reactor refueling, modernization work and upgrades to propulsion and combat systems. The source said the financial details of the ROMULUS order were not disclosed, leaving the USD 5.09 billion carrier overhaul as the measurable value in the announcement.
The contract matters because the RCOH covers a major maintenance phase for a nuclear-powered aircraft carrier, while ROMULUS adds an autonomous-systems element to HII's naval platform portfolio. That combination links a large, established shipyard program with a newer unmanned-vessel product line.
Quarterly figures beat estimates
MarketBeat reported that Huntington Ingalls generated USD 3.42 billion of revenue in the second quarter of 2026, versus USD 3.15 billion expected by analysts. Earnings per share reached USD 5.27, compared with a USD 3.79 consensus estimate, while revenue increased 10.90 percent year over year.
The latest quarter therefore provides a quantified counterweight to the target reduction described below. Revenue exceeded the estimate by USD 270.00 million, and earnings per share exceeded consensus by USD 1.48, although the figures relate to the second quarter rather than the September contract announcement.
Bernstein lowers target
On September 23, 2026, Bernstein lowered its price target for Huntington Ingalls from USD 341 to USD 327 and kept a Market Perform rating, according to Markets Insider. The lower target contrasts with the current contract momentum and the second-quarter earnings beat, giving investors two distinct signals to weigh.
Stock rises above prior close
At Lang & Schwarz, Huntington Ingalls stock was trading at EUR 240.75 on October 1, 2026 at 5:00 p.m. CEST, up 2.14 percent versus the prior close of EUR 235.70 on September 30, 2026. The finance data snapshot places the NYSE-listed shares at USD 271.15, with a market capitalization of USD 10.7 billion and a 52-week range of USD 256.79 to USD 460.00 as of October 1, 2026.
The further course of trading is shown by the continuously updated real-time quote of Huntington Ingalls stock.
Huntington Ingalls stock facts
- Company: Huntington Ingalls Industries, Inc.
- ISIN: US4464131063
- WKN: A1JE8X
- Ticker: HII
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 1, 2026, 5:00 p.m. CEST: EUR 240.75
- Change versus prior close: plus 2.14 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 235.70
- Market capitalization: USD 10.7 billion as of October 1, 2026
- Sector / Industry: Industrials / Aerospace and Defense
