Is Huntington Ingalls Industries, Inc. (HII) a Top Undervalued Aerospace and Defense Stock to Buy After Q1?
Huntington Ingalls Industries, Inc. (NYSE:HII) is an undervalued aerospace and defense stock to buy
On May 5, Huntington Ingalls Industries (NYSE:HII) delivered robust first-quarter 2026 results, driven by strong revenue growth. Michael Fitzsimmons/ Revenue in the quarter was up 13.4% year over year to $3.1 billion, driven by growth at Newport News Shipbuilding, Ingalls Shipbuilding, and Mission Technologies. Net earnings in the quarter came in at $149 million, or $3.79 a share, in line with last year’s same-quarter earnings.
Huntington Ingalls Industries secured $4 billion worth of new contracts. During the quarter, Huntington Ingalls Industries expanded its UK unmanned operations facility, strengthening its international presence. The company was also selected to compete for the $25.4 billion Advanced Technology Support Program V (ATSP5) microelectronics multi-award contract.