HUNTINGTON INGALLS INDUSTRIES ANNOUNCES NEW EXECUTIVE APPOINTMENTS FOR INVESTOR RELATIONS AND INTERNAL AUDIT

NEWPORT NEWS, Va., Dec. 17, 2012 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that Dwayne Blake has been appointed corporate vice president, investor relations, and Scott Stabler has been appointed corporate vice president, internal audit, effective Jan. 1, 2013.

Blake, formerly the corporate vice president, internal audit, is replacing Andy Green, who is leaving the corporate staff for a position at HII's Newport News Shipbuilding division (NNS). Blake's responsibilities will include acting as the primary interface between the investment community and the company with a focus on helping to educate institutional investors and research analysts on the company's business strategy, operations and financial results. He will also work closely with the finance, communications and legal teams to analyze financial results, develop earnings announcements, perform competitor and stock trading analysis and ensure compliance with all SEC regulations. He will report directly to Barbara A. Niland, corporate vice president, business management, and chief financial officer.

Blake joined NNS in 1984 and has held positions of increasing responsibility in engineering, treasury, business management, contracts and pricing, and business planning. He has served as corporate vice president, internal audit, since the formation of HII in March 2011. Blake earned a bachelor of science degree in finance from Hampton University and an MBA from Old Dominion University.

"Dwayne's 28 years of experience at NNS, Northrop Grumman Newport News, Northrop Grumman Shipbuilding and HII position him for success in this new career opportunity," Niland said. "With the majority of his career spent in financial management, contracts and pricing, business planning, and treasury, Dwayne brings great experience along with a set of valuable and complementary skills to his new position."

Scott Stabler has served as the corporate vice president, operations, since the formation of HII in March 2011. In his new position, he will be responsible for maintaining an effective internal audit program that provides independent and objective evaluation of company processes and control systems. This includes the development and execution of an audit plan which assesses the company's operational effectiveness using enterprise risk-based methodology. He will administratively report to Niland with functional responsibility to the HII Audit Committee.

Stabler joined NNS in 1984 in carrier construction engineering and has held progressively responsible positions in supply chain, engineering, business development and program management for NNS, Northrop Grumman Newport News and Northrop Grumman Shipbuilding. He graduated from North Carolina State University in 1982 with a bachelor's degree in mechanical engineering and holds a MBA from the College of William and Mary.

"Scott brings to this position an impressive resume grounded in leading a wide variety of successful programs and teams," Niland said. "His demonstrated ability to work effectively across diverse populations and the scope of his management experience will serve him well in this position."