Mitt Romney has won the New Hampshire primary, Fox News projects, notching back-to-back victories in the first two contests of the presidential nominating season.

Fox News also projects that Ron Paul will finish second and Jon Huntsman will finish third. Rick Perry is projected to finish in sixth place — the rest of the night is shaping up to be a race for fourth, between Newt Gingrich and Rick Santorum. Both candidates are pulling in 10 percent of the vote.

Also unclear is what Romney’s margin of victory will be, though Fox News projects he will win by double digits. With 27 percent of precincts reporting, Romney is leading with 36 percent of the vote. Paul has 24 percent and Huntsman has 17 percent.

With Romney’s victory apparent almost from the moment polls closed on Tuesday, the frontrunning candidate addressed a jubilant and rowdy crowd in Manchester. The audience frequently broke out into cheers and chants of “Mitt! Mitt! Mitt!” as the candidate vowed to take the fight in South Carolina, which holds the next primary.

“Tonight, we made history. … Tonight we celebrate, tomorrow we go back to work,” Romney said.

Keeping his eye on President Obama, Romney described the incumbent as a “failed” president who did not live up to the “lofty promises” made on the New Hampshire stage just four years ago.

“The president has run out of ideas, now he’s run out of excuses,” Romney said. He urged South Carolina to “make 2012 the year he runs out of time.”

READ MORE: FOX NEWS