PASCAGOULA, Miss., Feb. 26, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded a cost-plus-fixed-fee contract for life-cycle engineering and support services on the U.S. Navy’s San Antonio (LPD 17) class of amphibious transport docks. This follow-on contract consists of a base contract valued at $36.9 million with a cumulative value of $213.9 million if all options are exercised.

“This contract enables Ingalls to continue providing LPD support and services that are critical to the sustainment of the Navy’s amphibious fleet,” Ingalls Shipbuilding President Brian Cuccias said. “Our talented workforce has the knowledge and experience required to perform this important work, and we are committed to ensuring these state-of-the-art warships serve our nation well into the future.”

Services provided in this contract include engineering change management; systems engineering and integration; supply chain management; training for new LPD 17-class shipboard systems; and the execution of industrial post-delivery availabilities.

“We appreciate the Navy’s continued investment in our experienced team and their reliance on the support we provide,” said David King, Ingalls’ LPD 17 life-cycle program manager. “This contract builds on our strong partnership with the Navy in the construction and post-delivery management of Navy ships. We look forward to supporting these ships as they evolve to meet the changing threat environment.”

San Antonio-class ships are 684 feet long and 105 feet wide and displace approximately 25,000 tons. Their principal mission is to deploy the combat and support elements of Marine expeditionary units and brigades. The ships can carry up to 800 troops and have the capability of transporting and debarking landing craft air cushion or conventional landing crafts, augmented by helicopters or vertical take-off and landing aircraft such as the MV-22. These ships will support amphibious assault, special operations or expeditionary warfare missions through the first half of the 21st century.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, please visit www.huntingtoningalls.com.

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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures and strategic acquisitions; adverse economic conditions in the United States and globally; health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic; 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. This release also contains non-GAAP financial measures and includes a GAAP reconciliation of these financial measures. Non-GAAP financial measures should not be construed as being more important than comparable GAAP measures.

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PASCAGOULA, Miss., June 17, 2020 — Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has received a third contract modification from the U.S. Navy for $145 million to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9. This modification brings the total advance funding for LHA 9 to $350 million.

“This advance procurement contract will help protect the health of our supplier base and strengthen our efforts to efficiently modernize the nation’s amphibious fleet as we continue to build amphibious ships for the Navy,” Ingalls Shipbuilding President Brian Cuccias said.

Ingalls is the sole builder of large-deck amphibious ships for the Navy. The shipyard delivered its first amphibious assault ship, the Iwo Jima-class USS Tripoli (LPH 10), in 1966. Ingalls has since built five Tarawa-class (LHA 1) ships, eight Wasp-class (LHD 1) ships and the first in a new class of amphibious assault ships, America (LHA 6), in 2014. The second ship in that class, Tripoli (LHA 7), was delivered to the Navy earlier this year. Bougainville (LHA 8) is under construction.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

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PASCAGOULA, Miss., May 05, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has received a $187.46 million advance procurement contract from the U.S. Navy to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9.

“This contract allows us to maintain the health of our critical nationwide shipbuilding supplier base while continuing our serial production of large-deck amphibs,” Ingalls Shipbuilding President Brian Cuccias said. “We will work closely with our Navy-Marine Corps partners and our suppliers across the U.S. to build another highly capable, versatile and survivable warship.”

Ingalls is currently the sole builder of large-deck amphibious ships for the Navy. The shipyard delivered its first amphibious assault ship, the Iwo Jima-class USS Tripoli (LPH 10), in 1966. Ingalls has since built five Tarawa-class (LHA 1) ships, eight Wasp-class (LHD 1) ships and the first in a new class of amphibious assault ships, America (LHA 6), in 2014. The second ship in that class, Tripoli (LHA 7), was delivered to the Navy earlier this year. Bougainville (LHA 8) is currently under construction.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

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Danny Hernandez
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PASCAGOULA, Miss., April 24, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division has been awarded a contract modification to exercise the first option year of the existing Littoral Combat Ships (LCS) Planning Yard contract.  This option has a potential total value of up to $107.9 million for planning yard services in support of in-service LCS class ships.

“Our outstanding and experienced Shipyard Planning Yard team is poised to continue the excellent and efficient execution of this important work for our Navy customer,” Ingalls Shipbuilding President Brian Cuccias said.

The planning yard design services contract will continue to provide the LCS program with post-delivery life-cycle support, which includes fleet modernization program planning, design engineering and modeling, logistics support, long-lead-time material support, and preventative and planned maintenance system item development and scheduling. Unique to this planning yard effort is the requirement to manage the scheduling of all planned, continuous and emergent maintenance and associated availabilities.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, as well as other statements we may make from time to time, 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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

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NEWPORT NEWS, Va., April 16, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Technical Solutions division received a contract to provide analytical support services to the U.S. Special Operations Command’s (USSOCOM) Intelligence Directorate (J2). The recompeted task order is part of the SOCOM-Wide Mission Support-A (SWMS-A) contract. It is valued at $22 million during a period of performance of one year with three, one-year option periods and one, six-month extension.

“SOCOM awarding this task order to HII again is stark recognition of our company’s performance and ability to get the job done,” said Garry Schwartz, president of Technical Solutions’ Mission Driven Innovative Solutions. “We will continue to provide high-quality analyses and assistance in carrying out all responsibilities required to support J2 intelligence missions.”

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, as well as other statements we may make from time to time, 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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

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PASCAGOULA, Miss., April 16, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division recently started fabrication of the U.S. Navy’s newest San Antonio-class amphibious transport dock Harrisburg (LPD 30). The start of fabrication signifies that the first 100 tons of steel have been cut.

“LPD 30 is the start of an exciting new era for the San Antonio class,” said Steve Sloan, Ingalls LPD program manager. “The start of fabrication for Harrisburg marks the beginning of the LPD Flight II program. Through learning structured around consistent production, we’ve been able to identify design and construction modifications to make future ships in the class more affordable while fulfilling Navy and Marine Corps requirements.”

Ingalls has delivered 11 San Antonio-class ships to the Navy and has three more under construction including LPD 30. The ship will be the 14th in the San Antonio class and the first Flight II LPD. Fort Lauderdale (LPD 28) launched in March and is scheduled to deliver in 2021.

Lpd30 Rendering Thmb
This rendering depicts Harrisburg (LPD 30), which will be the 14th San Antonio-class amphibious transport dock ship of the U.S. Navy.

LPD 30 will be the second Navy vessel named after the city of Harrisburg, Pennsylvania. The first was a troopship acquired by the Navy during World War I that served in commission from May 29, 1918 to Sept. 25, 1919. That ship also served with the Navy in the Spanish-American War under another name. In addition to being the capital of Pennsylvania, Harrisburg is home to a number of Department of Defense facilities including the Naval Support Activity, Mechanicsburg.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

MEDIA CONTACT
Danny Hernandez
Director of Public Affairs
(202) 580-9086
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Rendering of Harrisburg (LPD 30)

This rendering depicts Harrisburg (LPD 30), which will be the 14th San Antonio-class amphibious transport dock ship of the U.S. Navy.

Apr 16, 2020

PASCAGOULA, Miss., April 03, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has received a $1.50 billion fixed-price-incentive modification to a previously awarded contract for the procurement of the detail design and construction of amphibious transport dock LPD 31. The ship will be the 15th in the San Antonio class and the second Flight II LPD.

“In building this 15th LPD, Ingalls experienced shipbuilders will continue this hot production line of great amphibious warships for our Navy/Marine Corps team,” Ingalls Shipbuilding President Brian Cuccias said. “We are all proud to be building these great ships, and will continue to deliver the most survivable and affordable ships possible for our customers and our nation.”

Image 1+2020 04 03 13 34 47 Thmb
LPD rendering

Ingalls’ LPD Flight II program vendor base consists of more than 600 manufacturers and suppliers in 39 states, including 387 small businesses. More than 1,500 shipbuilders work on each LPD. Ingalls has delivered 11 San Antonio-class ships to the Navy, and it has three more under construction.

The San Antonio class is a major part of the Navy’s 21st century amphibious assault force. The 684-foot-long, 105-foot-wide ships are used to embark and land Marines, their equipment and supplies ashore via air cushion or conventional landing craft and amphibious assault vehicles, augmented by helicopters or vertical takeoff and landing aircraft such as the MV-22 Osprey. The ships support a Marine Air Ground Task Force across the spectrum of operations, conducting amphibious and expeditionary missions of sea control and power projection to humanitarian assistance and disaster relief missions throughout the first half of the 21st century.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

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Danny Hernandez
Director of Public Affairs
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Delbert Black (DDG 119) Delivered

Donny Dorsey (right), Ingalls DDG 119 ship program manager; Commander Matthew McKenna (center), DDG 119 prospective commanding officer; and Peter T. Christman III, DDG 51 Project Office, SUPSHIP Gulf Coast, practice safe social distancing while signing the DD 250 transferring custody of Delbert Black (DDG 119) to the United States Navy on Friday, April 24, at Ingalls Shipbuilding in Pascagoula, Miss. Photo by Lance Davis/HII

Apr 28, 2020

NEWPORT NEWS, Va., April 02, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) subsidiary HII Mission Driven Innovative Solutions Inc., a part of HII’s Technical Solutions Division, is one of five companies awarded an indefinite delivery/indefinite quantity (IDIQ) contract with the U.S. Postal Service (USPS) Office of Inspector General (OIG) to provide support services to the Office of the Chief Information Officer (OCIO). The contract was a recompete win for HII and has a maximum ceiling value of $70 million.

“We are elated to continue our partnership with the U.S. Postal Service OIG by providing cutting-edge tools and technologies across their enterprise,” said Garry Schwartz, president of Technical Solutions’ Mission Driven Innovative Solutions. “We are committed to providing technology-enabled solutions and professional services to solve the USPS OIG’s most complex missions.”

The USPS OIG-OCIO is responsible for providing technical services to auditors, investigators and other components within the agency, at various locations across the country. HII’s Technical Solutions division will deliver application integration, information technology operations, information security, enterprise services and support of other functional areas.

With more than two decades of dedicated mission support, HII has partnered with the USPS OIG to develop a range of sophisticated software applications and analytical solutions. The company’s advanced technical expertise helps facilitate enterprise-wide knowledge management, Big Data insights and operational efficiencies.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, as well as other statements we may make from time to time, 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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

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NEWPORT NEWS, Va., April 01, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Technical Solutions division was selected by the U.S. Navy to provide integrated logistics support (ILS) for the hull, mechanical and electrical (HM&E) systems and equipment installed on surface ships and submarines. The indefinite delivery, indefinite quantity (IDIQ), cost-plus-fixed-fee multiple-award contract has a potential value of $41 million over five years, if all options are exercised.

“We take great pride in providing our customers around the globe with multiple logistics products and services to help them achieve their missions,” said Brad Mason, president of Technical Solutions’ Fleet Support business unit. “ILS development, maintenance and deployment to the warfighter is a critical part of how HII sustains our nation’s fleet.”

The IDIQ contract was awarded by the Naval Surface Warfare Center, Philadelphia Division, which is responsible for all ILS work related to the HM&E systems and equipment installed on U.S. Navy surface ships and submarines. Under the direction of the Life Cycle Logistics & Readiness Division, HII will execute services related to technical, process and programmatic support for integrated logistics and technical documentation.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, as well as other statements we may make from time to time, 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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

MEDIA CONTACT
Danny Hernandez
Director of Public Affairs
(202) 580-9086

NEWPORT NEWS, Va., Jan. 23, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that it has been awarded a General Services Administration One Acquisition Solution for Integrated Services (OASIS) task order to provide Persistent Multi-Role Operations (PMRO) support to the U.S. Air Force-Europe (USAFE) by the Federal Systems Integration and Management Center (FEDSIM). This task order will provide Contractor Owned-Contractor Operated (COCO) manned and unmanned airborne intelligence, surveillance and reconnaissance (ISR) in support of Air Force requirements in the European and African theaters of operation. The task order has a base period of one year with four option years and a potential value of $954 million.

“Critical readiness of our defense intelligence enterprise demands unique expertise and advanced technology solutions,” said Garry Schwartz, president of Technical Solutions’ Mission Driven Innovative Solutions group. “Over the last several years, HII has continued to expand its ISR support to the U.S. Air Force and other components of the Department of Defense. We are looking forward to continuing to advance the implementation of innovative ISR solutions for USAFE and across the DOD.”

The Air Force directs global integrated ISR operations from forward-deployed locations worldwide, including locations throughout the six geographic combatant commands. Air Force ISR operations are conducted in multiple domains and across all phases of operations and environments. The timely integration and delivery of ISR information provides joint, defense, national, and coalition partners with actionable intelligence for the commander and warfighter.

The objective of this task is to provide persistent, multi-role and cross-domain ISR capabilities that increase indications and warnings, enhance the U.S. security defense posture, enable the freedom of movement, increase partnership capacity and interoperability, and foster global security and stability throughout the European and African areas of responsibility.

This is a continuation and expansion of work currently performed by HII, whose purpose is to deliver timely, accurate and relevant information to operational and strategic decision makers. This effort will provide PMRO for multiple DOD components, including Air Forces in Europe and Africa as well as other strategic and operational partners.

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, Mission Driven Innovative Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Statements in this release, as well as other statements we may make from time to time, 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; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

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Danny Hernandez
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