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NEW FIXTURE WILL REVOLUTIONIZE SUBMARINE CONSTRUCTION AT HUNTINGTON INGALLS INDUSTRIES’ JOINT MANUFACTURING ASSEMBLY FACILITY

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NEWPORT NEWS, Va. (Feb. 1, 2018)–Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding division has lifted and mounted a 400-metric ton caisson unit into its new Joint Manufacturing Assembly Facility (JMAF).

The specialized fixture will “revolutionize how we build submarines for our country,” said Matt Needy, Newport News’ vice president of operations. “A fixture of this magnitude allows us to significantly improve construction efficiencies and shorten our production span times in support of our current Virginia-class submarine programs and future work on the Columbia-class submarine program.”

The massive fixture, standing over 80 feet high, is scheduled to be fully operational later this year. It will first be used to streamline the construction of the bow module for the Virginia-class submarine Utah (SSN 801).

The JMAF, which opened in 2017, was designed to support current and future production work on aircraft carriers and submarines.

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 37,000 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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