News Releases

Ingalls Shipbuilding Awarded $70 Million Advance Procurement Contract for Amphibious Transport Dock LPD 27







PASCAGOULA, Miss., Feb. 23, 2012 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has received a $70 million cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class.

The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship, including main engines and diesel generators and other equipment such as electrical switchboards, deck equipment and fire extinguishing systems.

The work will be performed at the company's Pascagoula facility. This is the fourth advance procurement contract for LPD 27. The first contract was awarded in October 2010.

"We're building successes in the LPD program, and this award continues our momentum in establishing necessary prep work for the construction of LPD 27," said Doug Lounsberry, vice president and program manager, LPD program, Ingalls Shipbuilding. "The award allows our supply chain management to purchase essential equipment so our shipbuilders will be ready to effectively meet our schedule commitments with our Navy customer."

The 11 ships of the LPD 17 class 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 and amphibious assault vessels.

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 nearly 38,000 in Virginia, Mississippi, Louisiana and California, its primary business divisions are Newport News Shipbuilding and Ingalls Shipbuilding. For more information, visit: 

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 
          228-327-1671