NEWPORT NEWS, Va., Oct. 2, 2014 — Huntington Ingalls Industries (NYSE:HII) announced today that company subsidiary The S.M. Stoller Corp. was awarded a $2 million contract by Consolidated Nuclear Security, LLC, for upgrades to a pump and treatment system at the National Nuclear Security Administration/Department of Energy Pantex Plant in Amarillo, Texas.

The contract covers 300 days of work Stoller will do to upgrade a system that extracts and treats contaminated groundwater.

The Pantex Plant is charged with maintaining the safety, security and effectiveness of the nation’s nuclear weapons stockpile. Work done at the site includes nuclear weapons dismantlement; the development, testing and fabrication of high explosive components; and interim storage and surveillance of plutonium pits.

“Stoller has provided environmental services at the Pantex Plant for more than 15 years,” said Pete Diakun, Newport News Shipbuilding’s vice president, energy programs. “We are very pleased to have this opportunity to continue to support the site and to be a part of this community.”

About The S.M. Stoller Corporation

Stoller is a wholly owned subsidiary of HII, acquired on Jan. 2 and operating under HII’s Newport News Shipbuilding division. Headquartered in Colorado with locations across the U.S., the company provides technical, environmental, ecological, waste management, remediation and consultation services to private sector companies and the U.S. government.

About Huntington Ingalls Industries

Huntington Ingalls Industries designs, builds and manages the life-cycle of the most complex nuclear and conventionally-powered ships for the U.S. Navy and Coast Guard. 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 also provides engineering and project management services expertise to the commercial energy industry, the Department of Energy and other government customers. Headquartered in Newport News, Virginia, HII employs more than 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 obtain new contracts, estimate our future contract costs and perform our contracts effectively; changes in government regulations and procurement processes and our ability to comply with such requirements; our ability to realize the expected benefits from consolidation of our Ingalls facilities; natural disasters; adverse economic conditions in the United States and globally; risks related to our indebtedness and leverage; 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 obligations to update any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

ADVISORY, Jan. 3, 2014 (GLOBE NEWSWIRE) —

What:

Newport News Shipbuilding (NNS) and The S.M. Stoller Corporation (Stoller) will host a media luncheon to discuss the Jan. 2 acquisition of Stoller by Huntington Ingalls Industries, NNS’ parent company.

When:

Noon until 1:30 p.m. on Jan. 7

Where:

Omni Interlocken Hotel

Centennial E Meeting Room

500 Interlocken Blvd.

Broomfield, Colo.

RSVP:

Charity Meinhart, 970-216-3673 or [email protected]

Christie Miller, 757-375-9564 or [email protected]

Stoller is a leading provider of technical, environmental, ecological, waste management, remediation and consultation services to private sector companies and the U.S. government.

For more information, visit our online press kit.

About Huntington Ingalls Industries

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

ADVISORY, Jan. 3, 2014 (GLOBE NEWSWIRE) —

What:Newport News Shipbuilding (NNS) and The S.M. Stoller Corporation (Stoller) will host a media reception to discuss the Jan. 2 acquisition of Stoller by Huntington Ingalls Industries, NNS’ parent company.
  
When:2-3:30 p.m. on Jan. 8
  
Where:Colorado Mesa University
 University Center Ballroom
 1100 North Ave.
 Grand Junction, Colo.
  
RSVP:Charity Meinhart, 970-216-3673 or [email protected]
 Christie Miller, 757-375-9564 or [email protected]

Stoller is a leading provider of technical, environmental, ecological, waste management, remediation and consultation services to private sector companies and the U.S. government.

For more information, visit our online press kit.

About Huntington Ingalls Industries

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

ADVISORY, Jan. 3, 2014 (GLOBE NEWSWIRE) —

What:

 

When

 

Where:

 

 

 

RSVP:

 

 

Newport News Shipbuilding (NNS) and The S.M. Stoller Corporation (Stoller) will host a media reception to discuss the Jan. 2 acquisition of Stoller by Huntington Ingalls Industries, NNS’ parent company.

2-3:30 p.m. on Jan. 8

Colorado Mesa University

University Center Ballroom

1100 North Ave.

Grand Junction, Colo.

 

Charity Meinhart, 970-216-3673 or [email protected]

Christie Miller, 757-375-9564 or [email protected]

Stoller is a leading provider of technical, environmental, ecological, waste management, remediation and consultation services to private sector companies and the U.S. government.

For more information, visit our online press kit.

About Huntington Ingalls Industries

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

NEWPORT NEWS, Va., Jan. 2, 2014 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that it has acquired The S.M. Stoller Corporation (Stoller), a leading provider of environmental, nuclear, and technical consulting and engineering services to the Department of Energy, Department of Defense and the private sector. The value of the transaction was not disclosed. Stoller is a privately held company and performs work in 29 states from 18 offices nationwide.

Stoller has provided environmental and technical support to the U.S. government and nuclear power industry for more than 54 years. It provides a full range of services in support of managing environmental issues, from highly complex multi-year remediation projects to short-term evaluations of local groundwater quality in anticipation of commercial construction.

“With this strategic acquisition, Newport News Shipbuilding (NNS) is positioned for expanded growth within the DOE, environmental management and commercial nuclear services markets,” said HII Corporate Vice President and NNS President Matt Mulherin. “Stoller’s exceptional commitment to performance and safety are well recognized by the environmental management and remediation industry and are attributes that directly support our plan for continued growth within these markets. This is an important investment in the future of our company, and we are excited to welcome Stoller to our team.”

Stoller will be a wholly owned subsidiary of HII and will operate under its NNS division. NNS is the nation’s sole designer, builder and refueler of nuclear-powered aircraft carriers and one of only two shipyards capable of designing and building nuclear‐powered submarines. NNS also provides fleet services for naval ships and has recently expanded its nuclear and manufacturing expertise into Department of Energy and alternative energy business ventures.

“We are pleased and honored to be a part of the HII family of companies,” said Stoller President Nick Lombardo. “We believe that the combined entity will provide unparalleled service to our clients and excellent career opportunities for our staff.”

Statements in this release regarding our plans and expectations 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 our ability to realize the anticipated benefits of the acquisition of The S. M. Stoller Corporation 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 obligations to update any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.

About Huntington Ingalls Industries

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

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