Huntington Ingalls Industries Declares Quarterly Dividend

Huntington Ingalls Industries Declares Quarterly Dividend

NEWPORT NEWS, Va., Feb. 4, 2013 (GLOBE NEWSWIRE) -- Huntington Ingalls
Industries (NYSE:HII) announced today that its Board of Directors has declared
a quarterly cash dividend of $0.10 per share, payable on March 15, 2013, to
shareholders of record as of the close of business on Feb. 28, 2013.

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 about 37,000 in Virginia, Mississippi, Louisiana and California, its
primary business divisions are Newport News Shipbuilding and Ingalls
Shipbuilding. For more information, please visit www.huntingtoningalls.com.

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

CONTACT: Jerri Fuller Dickseski (Media)
         jerri.dickseski@hii-co.com
         757-380-2341
        
         Dwayne Blake (Investors)
         dwayne.blake@hii-co.com
         757-380-2104

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