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August 1, 2014

HII AWARDED $49.6 MILLION CONTRACT TO BEGIN PLANNING FOR WORK ON USS GEORGE WASHINGTON (CVN 73)

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HII AWARDED $49.6 MILLION CONTRACT TO BEGIN PLANNING FOR WORK ON USS GEORGE WASHINGTON (CVN 73)

NEWPORT NEWS, Va., Aug. 1, 2014 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has received a $49.6 million contract to begin planning for work on the nuclear-powered aircraft carrier USS George Washington (CVN 73). The contract is for 12 months and includes planning, engineering and shipboard inspections for work associated with the defueling of the ship.

"We are pleased to be able to begin planning for the defueling of CVN 73," said Chris Miner, Newport News Shipbuilding's vice president, in-service aircraft carrier programs. "We hope this award is a first step toward the highly anticipated full award of the RCOH planning contract."

The USS George Washington is the sixth Nimitz-class carrier built by Newport News and the fourth Navy ship to be named after the first president of the United States. If approved, CVN 73 will be the sixth ship of the class to undergo a RCOH, a major life-cycle milestone.

About HII

HII is America's Seapower Company. The nation’s largest shipbuilder, HII builds the manned and unmanned maritime systems and all-domain mission technologies that project U.S. and allied power around the world. With a more than 140-year history of advancing U.S. national security, HII is headquartered in Virginia and employs 45,000 people across three divisions.

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