HII is Awarded Contracts for Construction of Block VI Virginia-class and Build II Columbia-class Submarines

HII Wins $76.6B Navy Sub Contracts to Back Virginia and Columbia programs

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>U.S. Navy contract modifications totaling about $76.6 billion were awarded to HII&#039;s Newport News Shipbuilding and partner GD Electric Boat to advance Virginia-class and Columbia-class submarines, reinforcing multi-year revenue and backlog. NNS will serve as a delivery yard for several Virginia subs and will build Columbia module sections, highlighting HII&#039;s leadership in U.S. underwater platforms.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>HII&#039;s Newport News Shipbuilding and GD Electric Boat win $76.6B Navy contracts.</li><li>Contracts fund five Columbia-class and nine Virginia-class submarines.</li><li>NNS to deliver six Virginia subs and build six Columbia modules.</li><li>26 Virginia-class subs delivered to date; HII workforce ~45,000.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>HII (HII)</strong>: Primary beneficiary; strengthens backlog and revenue visibility.</li><li><strong>General Dynamics (GD)</strong>: Partner via Electric Boat; contract expansion supports Columbia-class program.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News: Major defense-contract win reinforces HII&#039;s strategic position in submarine programs and signals durable, multi-year revenue visibility.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Backlog and revenue visibility expand across Virginia- and Columbia-class programs.</li><li>Contract size (~$76.6B) implies meaningful top-line growth potential.</li><li>HII solidifies leadership in U.S. submarine production with NNS as a delivery yard.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Combined total of approximately $76.6 billion in Navy contract modifications.</li><li>Five additional Columbia-class submarines and nine Virginia-class submarines funded.</li><li>Newport News Shipbuilding to deliver six Virginia-class submarines.</li><li>NNS to construct six module sections per Columbia-class submarine.</li><li>26 Virginia-class submarines delivered to date; HII workforce ~45,000.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish for HII; expect sustained backlog growth and earnings visibility over the next 12–24 months.</p>
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    <h2>HII Awarded Contracts for Block VI Virginia-class and Build II Columbia-class Submarines</h2>
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    <p>NEWPORT NEWS, Va., July  29, 2026  (GLOBE NEWSWIRE) -- HII (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/HII">HII</a>) announced today that the U.S. nuclear submarine shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded contracts for construction of Block VI <em>Virginia</em>-class and Build II <em>Columbia</em>-class submarines.</p>
    <p>The combined total of approximately $76.6 billion in contract modifications from the U.S. Navy to HII’s Newport News Shipbuilding and General Dynamics Electric Boat (GDEB) is to support the construction of five additional <em>Columbia</em>-class, nine additional <em>Virginia</em>-class submarines, and other funding for shipyard infrastructure.</p>
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    <p>In the <em>Virginia</em>-class program, NNS will serve as the delivery yard for six of the planned submarines. In the <em>Columbia</em>-class program, NNS is a major shipbuilding partner, constructing and delivering six module sections per submarine.</p>
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    <p>“We are committed to building the nuclear-powered submarines that protect our nation,” NNS President Kari Wilkinson said. “These contracts provide the American shipbuilding industrial base the opportunity to demonstrate that commitment in a meaningful way and we are honored to serve our customer and our country.”</p>
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    <p>NNS and GDEB have built and delivered 26 <em>Virginia</em>-class submarines to date.</p>
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      <img src="https://ml.globenewswire.com/Resource/Download/675cac32-80d8-4d2b-bd11-a32099dec39a/dcs25-213-816.jpg" alt="Virginia-class submarine (Pictured)">
      <figcaption>HII announced today that the U.S. nuclear submarine shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded contracts for construction of Block VI Virginia-class and Build II Columbia-class submarines. Pictured is a Virginia-class submarine (Photo by Ashley Cowan/HII).</figcaption>
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    <p>A photo accompanying this release is available at: <a href="https://www.globenewswire.com/Tracker?data=G9wDDam7lfJtq5AAbvZ_elsjCx3LE0-8WbQewLClkio6qdgJ_i-iOvk67NA0un1k59kg9q9pPQsbjOvq7paOVvZrVAW0WdZ2PD2XcX89Y0oNbD6NsahOvt_S9Vs2gOA8yBXQymxgur5WBTlYOugCofIS8QDOJSpDTKmZh4eMFiQ7muDJDGwQsPP4vIL3BywIN1cu6v8RBek0XmA1ZtOWYM5fd4fF-WTpumQaQ6pSdUnZGuKScyfMGOKk7glj3_1rMgtNjzh7_d1jCD1DjmIWBIaQzX0-NsR3bubNAyPEL_HLGkq26hcI0F5BwGhk6O24CUYSUD4wFuE3ij-sSUZUIOJWWA7zm3ie77Ad9OKYF7R2dGCUpO4Lsx9DWKcfsf1m" rel="nofollow" target="_blank">http://hii.com/news/hii-is-awarded-contracts-for-construction-of-block-vi-virginia-class-and-build-ii-columbia-class-submarines/</a>.</p>
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    <h3>About HII</h3>
    <p>HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.</p>
    <p>With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong. For more information, visit:</p>
    <ul>
      <li>HII on the web: <a href="https://www.hii.com/" rel="nofollow" target="_blank"><u>https://www.HII.com/</u></a></li>
      <li>HII on Facebook: <a href="https://www.facebook.com/TeamHII" rel="nofollow" target="_blank"><u>https://www.facebook.com/TeamHII</u></a></li>
      <li>HII on X: <a href="https://www.twitter.com/wearehii" rel="nofollow" target="_blank"><u>https://www.twitter.com/WeAreHII</u></a></li>
      <li>HII on Instagram: <a href="https://www.instagram.com/wearehii" rel="nofollow" target="_blank"><u>https://www.instagram.com/WeAreHII</u></a></li>
      <li>HII on LinkedIn: <a href="https://www.linkedin.com/company/wearehii" rel="nofollow" target="_blank"><u>https://www.linkedin.com/company/wearehii</u></a></li>
    </ul>
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    <p>Contact:</p>
    <p>Todd Corillo<br><a href="https://www.globenewswire.com/Tracker?data=_s6dAw--YOOXWflfZTQ7RPuUQQpyDh-tYt5sWpP1ciWaQ2RzItjhrTJN7UCPktu7hdzyjyo58nB3B65LrnY1A18ukwe7m4uaHz9RMmlxP3aQGwuNZZJI_kHM80KN5oht" rel="nofollow" target="_blank">Todd.T.Corillo@HII-co.com</a><br>(757) 688-3220</p>
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    <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/675cac32-80d8-4d2b-bd11-a32099dec39a" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/675cac32-80d8-4d2b-bd11-a32099dec39a</a></p>
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    <img src="https://www.globenewswire.com/newsroom/ti?nf=OTgwMDU2OCM3NzQ5NjQ2IzIwMTA4ODQ=" alt="">
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    <img src="https://ml.globenewswire.com/media/NWNjODJlNjktMGYxZi00MGIwLTg0YjYtYWQwY2YyZTdkNDlmLTEwMjI0NTctMjAyNi0wNy0yOS1lbg==/tiny/HII.png" alt="HII Logo" referrerpolicy="no-referrer-when-downgrade">
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U.S. Navy contract modifications totaling about $76.6 billion were awarded to HII's Newport News Shipbuilding and partner GD Electric Boat to advance Virginia-class and Columbia-class submarines, reinforcing multi-year revenue and backlog. NNS will serve as a delivery yard for several Virginia subs and will build Columbia module sections, highlighting HII's leadership in U.S. underwater platforms.

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HII is Awarded Contracts for Construction of Block VI Virginia-class and Build II Columbia-class Submarines

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