Ingalls Shipbuilding Awarded $54 Million Life-Cycle Contract on U.S. Navy LPD 17 Program

Ingalls Shipbuilding Awarded $54 Million Life-Cycle Contract on U.S. Navy LPD
17 Program

PASCAGOULA, Miss., Dec. 7, 2012 (GLOBE NEWSWIRE) -- Huntington Ingalls
Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division
has been awarded a $54 million cost-plus-fixed-fee contract for life-cycle
engineering and support services on the U.S. Navy's USS San Antonio (LPD 17)
class of amphibious transport docks. This is the third of four annual options
associated with a base contract awarded in February 2010.

"Our extensive post-delivery support work is vital to the Navy's missions
involving these complex amphibious ships," said Doug Lounsberry, Ingalls' LPD
17 vice president. "Our commitment to building quality amphibious ships does
not stop at our shipyard. Life-cycle engineering services must also be of the
utmost quality to ensure a consistent project of excellence for the men and
women of our U.S. Navy and U.S Marine Corps."

Services provided in this contract include post-delivery planning and
engineering, systems integration and engineering support, research
engineering, material support, fleet modernization program planning, supply
chain management, maintenance, and training for certain LPD 17-class shipboard
systems.

The LPD 17-class ships are a key element of the Navy's ability to project
power ashore. Collectively, they functionally replace more than 41 ships (the
LPD 4, LSD 36, LKA 113 and LST 1179 classes of amphibious ships), providing
the Navy and Marine Corps with modern, sea-based platforms that are networked,
survivable and built to operate with 21st century platforms, such as the MV-22
Osprey.

The 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 (LCAC) 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.

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.
Employing more than 37,000 in Virginia, Mississippi, Louisiana and California,
its primary business divisions are Newport News Shipbuilding and Ingalls
Shipbuilding. For more information, visit:

  *HII on the web: www.huntingtoningalls.com
  *HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries
  *HII on Twitter: twitter.com/hiindustries

The Huntington Ingalls Industries, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=9418

CONTACT: Bill Glenn
         william.glenn@hii-co.com
         228-935-1323

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