AMSEC LLC Wins Two Navy Contracts

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| Source: Huntington Ingalls Industries, Inc.

VIRGINIA BEACH, Va., Aug. 13, 2014 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its AMSEC LLC subsidiary has been awarded two contracts in support of the United States Navy.

Naval Sea Systems Command in Washington, D.C., awarded a contract to AMSEC for technical and logistical support services, as well as material kitting services, for U.S. Navy LCC 19-class Amphibious Command ships. Material kitting services involve the pre-packaging of materials required to complete a specific task. Amphibious Command ships provide command and control for fleet commanders.

A total of three indefinite-delivery/indefinite-quantity contracts were awarded for these services with a combined maximum dollar amount of $96.8 million. AMSEC LLC was also awarded the initial delivery order valued at $1.2 million.

"AMSEC continues to respond to our customer's needs and enhance our services to meet the Navy's requirements," said Harris Leonard, vice president of HII's Newport News Shipbuilding division and president of AMSEC operations. "We will build on our record of superior service to the Naval Sea Systems Command and the naval fleet they support."

AMSEC will support modernization requirements for USS Blue Ridge (LCC 19) and USS Mount Whitney (LCC 20). AMSEC will also provide advanced planning efforts associated with shipchecks, drawings and engineering, as well as marine maintenance and installation.

The work is anticipated to be performed in Virginia Beach, Va., Yokosuka, Japan, Puget Sound, Wash., and Gaeta, Italy. The work is expected to be completed by July 2019.

AMSEC was also awarded a contract by Naval Undersea Warfare Center Division Newport (NUWC), Newport, R.I., to produce interactive multimedia instruction courseware modules for the U.S. Naval Sea Systems Command's shipboard and schoolhouse training programs for all subject matter areas of submarine operations and procedures.

A total of four contract awards were issued for this indefinite-delivery/indefinite-quantity (IDIQ), 60-month, firm-fixed-price contract with a combined maximum dollar amount that may be awarded of $8.9 million.

"We are eager to support the Navy with interactive multimedia training," said Mary White, AMSEC director of logistics, engineering, technology and training solutions operation. "Our sailors deserve our very best products to prepare them for going to sea and being successful on their missions."

The work is anticipated to be performed in Virginia Beach, Herndon, and Arlington, Va., Waterford, Mass. and Groton, Conn. The work is expected to be completed by July 2019.

With approximately 2,000 employees in 35 locations nationwide and overseas, AMSEC is a full-service supplier to the U.S. Navy and commercial maritime industry, providing naval architecture and marine engineering, naval ship systems assessments, maintenance engineering, waterfront maintenance support, acquisition program support, shipyard industrial engineering, and C4I installation and support services. AMSEC also provides life-cycle integrated logistics services, including technical manual development, provisioning documentation, spare parts management, training development and delivery, and software development.

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 costs and perform effectively; risks related to our spin-off from Northrop Grumman (including our increased costs and leverage); our ability to realize the expected benefits from consolidation of our Gulf Coast facilities; natural disasters; adverse economic conditions in the United States and globally; 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.

CONTACT: Leslie Gallop
         (757) 463-6666
         leslie.gallop@hii-amsec.com