HUNTINGTON INGALLS INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 6, 2025
HII$304.36+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
INVENTORIED COSTS, NET
- INVENTORIED COSTS, NET
Inventoried costs are principally associated with contracts for which the U.S. government is the primary customer. As a result, the Company does not believe it has significant exposure to recoverability risk related to inventoried costs.
Inventoried costs were comprised of the following:
| ($ in millions) | 2024 | 2023 |
|---|---|---|
| Production costs of contracts in process | $27 | $40 |
| Raw material inventory | 181 | 146 |
| Total inventoried costs, net | $208 | $186 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.