How did HII's revenue and expenses shift in Q4 2024?

Huntington Ingalls Industries (HII) experienced significant shifts in both revenue and expenses in Q4 2024, primarily driven by business segment variations. Here's a detailed analysis:

1. **Revenue Shifts**:
- **Newport News Shipbuilding**: The revenue for this segment was $5.97 billion, which is a substantial contributor to HII's total revenue.
- **Technical Solutions**: This segment generated $2.94 billion in revenue, indicating its importance in the company's income structure.
- **Ingalls**: With $2.77 billion in revenue, Ingalls is a notable contributor, although slightly lower than Newport News Shipbuilding.
- **Intersegment Eliminations**: There were eliminations of -$105 million and -$138 million, which suggests that certain segments processed transactions that were eliminated to avoid double counting in the consolidated financial statements.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|HII|HII.N|Huntington Ingalls|20240101-2024|Intersegment Eliminations|-1.38E8|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Intersegment Eliminations|-1.05E8|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Intersegment Eliminations|-6.9E7|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Intersegment Eliminations|-3.4E7|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Newport News|1.434E9|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Technical Solutions|7.5E8|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Ingalls|6.55E8|169|
|HII|HII.N|Huntington Ingalls|20240101-2024|Intersegment Eliminations|-3.4E7|169|

2. **Expense Shifts**:
- The expenses for each segment, except for the intersegment eliminations, mirror the revenue figures. This indicates that the cost structures of these segments are closely aligned with their revenue generation.
- The -$105 million and -$138 million in intersegment eliminations also appear in the expense section, reflecting the elimination of internal transactions.

In conclusion, HII's Q4 2024 financials show a robust revenue base, with Newport News Shipbuilding and Technical Solutions standing out. The company's expense structure is closely tied to its revenue segments, with intersegment eliminations ensuring that financial reporting accurately reflects the consolidated business.