and morning, everyone the joining us for good thanks Well, Dwayne. Thanks, on call. today
let on quarter, remarks into me provide before So my update. the a first getting COVIDXX
established very As this important objectives. national emergency three began, we
as provide safe minimize to to workforce that impact our is the work Our was possible. a to first objective and as environment
to help make employee much benefit through uncharted them some flexibility they make. resulted as and designed this in and individual to changes as that to waters some navigate these needed possible arrangements each Now give actions
their that them assured we was job this, doing safe. In
employees both activities working approximately enhanced taking also to our adjustments social experiencing are about XX% we these remotely to actions, are made shipyards XX% cleaning distancing and shipyards. ship since to our rate of a in XX% at facilitate We we schedules and and attendance
to was the critical is objective mission by Department industries. Homeland Defense of that and Navy. second the as Department the essential identified of We've the by U.S. protect Security asset and national by Ingalls Our Huntington been
took and So our will balance action the detail enhance remarks. quarter to his we during discuss and strengthen Chris in actions liquidity sheet those during more
of not those accelerated payments supply is more as them to $XX the chain our we benefits industrial partners. to critical ability as reap our it end, we've will pandemic. in importantly, state supply of this through million base our the help come union. And especially critical base every our in To This part small communities but chain a resides than also supply help nearly only our their and helps businesses suppliers this
the to employees Now kept our we've and of source end, our reliable to that employees to information steady third and guidance was a frequent media. of community questions objective communications for resources safe. to drumbeat help their our be our need family provided and We've many they and kept answered informed,. vehicles including of them their and social through multiple very to and them We've keep the them
James weekly Navy in pandemic strategic the around acquisition for participate other efforts been I Assistant industry's and with multiple with engaged I've Hondo additionally, Secretary centered research CEOs, in the the Gertz. development Now personally this along defense calls of
was and uninterrupted awarded April. if contractual be this add payments crisis, early U.S. I XX remised the forward ensuring I even in that has Now as would acceleration of the LP and awards continuation leaned really contract not Navy such during did that
to our to these assistant his continuity stability, sector issues. Gertz and I credit and a great and action for liquidity are provide help efforts immediate These industry kinds business of
need be adapt we early in was being believe to going on I this called a what to knew new and crisis focus rightly not normal. over that even As is a We few the to nation or months. weeks
worked in new we operate to that to our effectively business environment. So have change
over just people we example transforming from increase our now to working ago remotely started have weeks we we where eight business. already tenfold XX,XXX For had actually were
provided So to to this be crisis provide this transformation and services catalyst critical nation. and this to has and we our us around to a the believe our continue weather able products will accelerate we customers storm
on the highlights the EPS for Four billion $X.XX some $X.X the starting represent for diluted of record was XXXX Now Sales the for and from let of were higher company presentation. than Slide and me quarter. share highs quarter quarter X.X% the
the during approximately approximately end resulting with were the $XXX $XX of of billion awards a $XX contract approximately of at funded. quarter is the billion in million New quarter backlog
which suppliers support the and and to in to states continue rapidly in supported on be Washington, mid-quarter activities our the to recovery. in defense early order, budget our nation's consideration focus postured enable XX the across shifted Regarding Congress economic congresses' supply we authorities mitigating all industrial and the chain work workforce but actions investment that uniquely entire through February regular and is that will the base, through of impact tens will COVIDXX of recovery our our with administration engine thousands of to for of
the consideration request coming in We XXXX of also to the congressional fiscal budget look forward months. year
is and quarter through sale year. completed quarter test this XXX wants deliver USS delivered let March. from delivered and progressing is business in XX. assembly DDG then and work the XXX, me Black LPD finally activities few quarter. plan later DDG scheduled sea Tripoli acceptance end Stone production on XX during H. Lenah and away Delbert XX segment Fort Sutcliffe February the quarter; X, January highlights at expected LHA D the At Ingalls, this two in share and Lauderdale is and April to X, a the ships in NSC completed final of and And Higbee trials for the during summer. DDG team Now Fitzgerald the trials
the is completion Kennedy compartment and XX testing. complete team CVN XX% on focused preparation remains News, and primary system for approximately Newport
approach CVN on XX. single News Navy the Newport pursue delivery closely is working to with phase a
two phase this delivery completed News while plan change a supporting in delivering from duration the Now extend the XXXX. Navy's performance Newport ship for would efficiently a
Initial the under test will the to phase scope of indications that stress delivery single program the are contract increase construction work and incorporating and the a the schedule right.
is will Navy. outfitting However, ultimate approximately implications its the and is the and through George schedule change final test progressing financial with phase we definitize XX until be the not Washington CVN USS and complete. XX% clear
to first and half remains Montana in achieving in pressure we the SSN launch is XXX On of in to the New second the hall on half deliver anticipate XXX the XXXX late track program the of expected submarine milestone year SSN Jersey complete XXXX. and
several Postal awards across for and received Service of we unmanned segment, enterprise Solutions business Technical manned the with airborne intelligence for and the our recompete Defense secured contract Department and U.S. ISR In we potential Europe's January, to million our ISR of In a of value over operations. operations task a with IT announced five the order U.S. Air total quarter, years. award largest $XXX Force support the support
the capabilities maritime we significantly growing In important addition, at systems the and and closed expanded end the market. our quarter unmanned of the rapidly in autonomous which Hydroid acquisition
we've what So been in encouraged by these unprecedented I am times. accomplish able summary, during to
program February. milestones at is in respond we allowed through sheet agility billion demonstrated to remain achieve long-term Day and backlog, new to our strong provided COVIDXX unprecedented flexibility leadership while and $XX confident visibility, our team developments, of to finally in and targets Investor us to thoughtful creation a continuing value and the balance leadership key Our number the crisis financial strategy
Now turn Chris I'll for the on over Chris? remarks call some financials, to Kastner the
