HUNTINGTON INGALLS INDUSTRIES ANNOUNCES THE ELECTION OF JENNIFER BOYKIN AS NEWPORT NEWS SHIPBUILDING’S NEW PRESIDENT AS MATT MULHERIN PLANS FOR RETIREMENT

NEWPORT NEWS, Va. (May 3, 2017)—Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has elected Jennifer R. Boykin to serve as executive vice president of HII and president of HII’s Newport News Shipbuilding division, effective July 1. She will succeed Matt Mulherin, who announced that he will retire on Aug. 1 after a 36-year career at Newport News Shipbuilding.

Mulherin was named Newport News Shipbuilding’s president in 2011 and is responsible for all engineering, operations and programs at the division, including the most complex ships in the world: nuclear-powered aircraft carriers and submarines.

Prior to this position, Mulherin served as sector vice president and general manager of site operations for Northrop Grumman Shipbuilding – Newport News. He began his career at Newport News Shipbuilding in 1981 as a nuclear test engineer. Since then, he held increasingly responsible positions, including nuclear project manager for Los Angeles-class submarines, director of facilities, director of nuclear engineering and refueling, and director of carrier refueling and overhaul construction. He also served as director and vice president for the next generation of aircraft carriers, the Gerald R. Ford class, and as vice president of all programs, including shipbuilding and repair, Department of Energy, and commercial energy. Mulherin graduated from Virginia Tech in 1981 with a bachelor’s degree in civil engineering.

“Matt has touched every product built by Newport News Shipbuilding during his very successful tenure,” said HII President and CEO Mike Petters. “He has been a part of seven aircraft carrier deliveries and will soon add one more, Gerald R. Ford (CVN 78), to the list. Matt’s leadership in the design, construction and testing of this first-in-class carrier, with myriad new technologies, has been critical to the success of this program. While the delivery of ships has been a large part of his responsibility and legacy, I believe Matt will be most remembered for his open and engaging style of leadership. It’s obvious that he cares deeply for the shipbuilders at Newport News. HII would not be the successful company it is today if it were not for Matt’s leadership during the spin-off six years ago and since that time.”

After Mulherin steps down as Newport News Shipbuilding president, he will assist with the transition and continue to report to Petters until his retirement.

Boykin, who will report to Petters effective July 1, currently serves as vice president, engineering and design for Newport News Shipbuilding. Named to this position in 2012, she is responsible for all ship design, planning yard and topside construction and test engineering.

“Jennifer is an experienced and well-respected leader in our industry,” Petters said. “Her style is collaborative, and she is adept at building strong teams that work well together to deliver exceptional results. Her deep understanding of all levels of our business will help create great value for our customers. Jennifer has demonstrated the leadership skills and strategic vision to lead the Newport News Shipbuilding team to success, and I look forward to her joining my team, and I know Newport News Shipbuilding will be in capable hands.”

Matt Mulherin

Jennifer R. Boykin

Boykin’s shipbuilding career began in 1987 when she joined Newport News Shipbuilding in the nuclear engineering division. She has held progressively responsible positions, including director, facilities and waterfront support; program manager, nuclear engineering division; construction superintendent for the aircraft carrier program during construction of the USS John C. Stennis and USS Harry S. Truman; sector vice president, process excellence; and vice president, mission and quality assurance.

A native of St. Louis, Boykin earned a bachelor’s degree in marine engineering from the U.S. Merchant Marine Academy and a master’s degree in engineering management from The George Washington University.

Boykin is a founding member of the Women’s Initiative Network at Old Dominion University (ODU) and serves as vice chair of the Blueprint Virginia Steering Committee. She is also chair of the Executive Control Board for the National Shipbuilding Research Program and is a member of the LEAD Virginia Board of Directors and Virginia Commonwealth University School of Engineering Foundation Board. She has also served on boards for the American Red Cross and YMCA and on engineering advisory boards for both ODU and the U.S. Merchant Marine Academy.