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VIDEO RELEASE – AIRCRAFT CARRIER JOHN F. KENNEDY REACHES 75 PERCENT STRUCTURAL COMPLETION

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NEWPORT NEWS, Va. (April 30, 2018)--Huntington Ingalls Industries (NYSE:HII) announced today that the nuclear-powered aircraft carrier John F. Kennedy (CVN 79) is 75 percent structurally complete following the recent installation of the forward area of the ship’s main deck.

Kennedy, the second ship in the Gerald R. Ford class of carriers, has been taking shape at the company’s Newport News Shipbuilding division since the ship’s keel was laid in August 2015. The ship is being built using modular construction, a process where smaller sections of the ship are welded together to form a structural unit, known as a superlift. The superlift is then outfitted with piping, electrical equipment, cable, ventilation and joiner work and is lifted from the assembly area into the dry dock.

The 750-metric ton forward section of the main deck includes the machinery spaces located over the ship’s forward diesel generators. Also installed was the first piece of the aircraft carrier flight deck, which includes command and control, pilot ready rooms and additional support spaces, a jet blast deflector, and components of the advanced arresting gear system.

With the recent superlifts, 341 of the total 447 sections are currently in place. Kennedy stands about 100 feet in height in the dry dock with only the island and main mast remaining to bring the ship to its full height of 252 feet.

A third key milestone also was achieved recently when the first two generators supporting the electromagnetic aircraft launch system (EMALS) were installed.

“We are very proud of the progress we are making on the Kennedy,” said Lucas Hicks, Newport News’ vice president, CVN 79 program. “The ship now is 75 percent structurally erected and more than 40 percent complete. Many of the improvements we have made over the construction of CVN 78, including increased pre-outfitting and performing more complex assemblies in our shops, will allow us to launch the ship three months earlier than planned.”

Kennedy is scheduled to be christened in the fourth quarter of 2019 and delivered to the U.S. Navy in 2022.

About Huntington Ingalls Industries

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Missions Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 39,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, other than statements of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed in these statements. Factors that may cause such differences include: changes in government and customer priorities and requirements (including government budgetary constraints, shifts in defense spending, and changes in customer short-range and long-range plans); our ability to estimate our future contract costs and perform our contracts effectively; changes in procurement processes and government regulations and our ability to comply with such requirements; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; natural and environmental disasters and political instability; adverse economic conditions in the United States and globally; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; and other risk factors discussed in our filings with the U.S. Securities and Exchange Commission. There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business, and we undertake no obligation to update any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

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