HII's Newport News Shipbuilding achieves pressure hull completion for submarine Oklahoma, marking progress in national defense capabilities.
Quiver AI Summary
HII's Newport News Shipbuilding division announced a key milestone in the construction of the Virginia-class submarine Oklahoma (SSN 802), achieving "pressure hull complete," which means the submarine's hull sections have been successfully joined into a watertight unit. Jason Ward, NNS vice president, emphasized the accomplishment reflects HII's commitment to enhancing production and delivering advanced capabilities to the Navy. Oklahoma is the 29th Virginia-class submarine, the first of Block V, and the 14th to be built by Newport News. The ship's sponsor is Mary “Molly” Slavonic, an Oklahoma native who has a history of supporting both the state and the Navy. HII continues to be a leader in military shipbuilding and provides comprehensive defense solutions.
Potential Positives
- Newport News Shipbuilding has achieved a major construction milestone by completing the pressure hull for the Virginia-class submarine Oklahoma (SSN 802), signifying progress in production timelines.
- This milestone emphasizes HII's commitment to accelerating production and enhancing capabilities for its Navy customers.
- The Oklahoma is the first of the Block V Virginia-class submarines, marking a significant advancement in the company's offerings to the U.S. Navy.
- The involvement of dedicated shipbuilders and collaboration with Navy teammates and suppliers underscores HII's strong workforce and industry partnerships.
Potential Negatives
- None
FAQ
What milestone has HII reached for the Oklahoma submarine?
HII has achieved "pressure hull complete," meaning all hull sections of the Oklahoma submarine are joined into a watertight unit.
What is the significance of the Oklahoma submarine?
Oklahoma is the 29th Virginia-class fast attack submarine and the first of Block V, showcasing advanced capabilities for the Navy.
Who is the sponsor of the Oklahoma submarine?
The ship’s sponsor is Mary “Molly” Slavonic, an Oklahoma native who has a history of supporting the Navy.
How does the Virginia-class submarine enhance military capabilities?
Virginia-class submarines improve firepower, maneuverability, and stealth, providing unmatched operational capabilities for the U.S. Navy.
What is HII's role in defense and shipbuilding?
HII is the largest military shipbuilder in the U.S., delivering advanced ships, unmanned systems, and critical national security capabilities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HII Insider Trading Activity
$HII insiders have traded $HII stock on the open market 8 times in the past 6 months. Of those trades, 1 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- CHRISTOPHER D KASTNER (Director, President & CEO) sold 15,000 shares for an estimated $4,815,900
- EDGAR A III GREEN (Ex VP, Pres. HII Mission Tech) sold 4,206 shares for an estimated $1,117,427
- NICK L STANAGE purchased 3,500 shares for an estimated $954,729
- VICTORIA D HARKER has made 0 purchases and 2 sales selling 2,000 shares for an estimated $585,235.
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 850 shares for an estimated $268,124
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 786 shares for an estimated $247,215
- NICOLAS G SCHUCK (Corp VP, Controller & CAO) sold 465 shares for an estimated $146,389
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$HII Revenue
$HII had revenues of $3.2B in Q3 2025. This is an increase of 16.11% from the same period in the prior year.
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$HII Hedge Fund Activity
We have seen 386 institutional investors add shares of $HII stock to their portfolio, and 342 decrease their positions in their most recent quarter.
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- AQR CAPITAL MANAGEMENT LLC added 490,587 shares (+509.2%) to their portfolio in Q3 2025, for an estimated $141,244,903
- FREESTONE GROVE PARTNERS LP removed 458,628 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $110,740,316
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$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 12/12/2025
- Goldman Sachs issued a "Buy" rating on 10/31/2025
- TD Cowen issued a "Buy" rating on 10/31/2025
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$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 6 analysts offer price targets for $HII in the last 6 months, with a median target of $346.0.
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- John Godyn from Citigroup set a target price of $376.0 on 12/12/2025
- Seth Seifman from JP Morgan set a target price of $342.0 on 11/03/2025
- Gautam Khanna from TD Cowen set a target price of $350.0 on 10/31/2025
- Noah Poponak from Goldman Sachs set a target price of $356.0 on 10/31/2025
- Ronald Epstein from B of A Securities set a target price of $260.0 on 08/13/2025
- David Strauss from Barclays set a target price of $295.0 on 08/04/2025
Full Release
NEWPORT NEWS, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding division has reached a significant construction milestone for Virginia -class submarine Oklahoma (SSN 802).
Oklahoma is now “pressure hull complete,” which signifies all of the hull sections have joined to form a single, watertight unit.
“Achieving pressure hull complete on Oklahoma highlights our commitment to accelerating production and delivering unmatched capability to our Navy customer,” said Jason Ward, NNS vice president of new construction submarine programs. “Our dedicated shipbuilders, Navy teammates and suppliers from across the country, are working hand-in-hand to bring Oklahoma to life.”
Oklahoma is the 29th Virginia -class fast attack submarine, the first of Block V and the 14 th to be delivered by NNS.
Photos accompanying this release are available at: http://hii.com/news/hii-marks-oklahoma-ssn-802-construction-milestone-at-newport-news-shipbuilding/ .
The ship’s sponsor is Mary “Molly” Slavonic, an Oklahoma native. Slavonic has long supported both the state of Oklahoma and the Navy. She worked alongside her husband, former acting Under Secretary of the Navy Greg Slavonic, in building the USS Oklahoma (BB 37) Memorial in Pearl Harbor, Hawaii, to honor the 429 sailors and Marines who died aboard the battleship during the Dec. 7, 1941 attack on Pearl Harbor.
NNS designs and builds nuclear-powered submarines for the U.S. Navy. The advanced capabilities of Virginia -class submarines increase firepower, maneuverability and stealth.
About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
Contact:
Todd Corillo
[email protected]
(757) 688-3220
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71aead06-299b-4269-89cc-c49933966684