Huntington Ingalls Industries and MSTS Partners to Proceed with Work at Nevada National Security Site

NEWPORT NEWS, Va., July 24, 2017 -- Huntington Ingalls Industries (NYSE:HII) announced today that the Department of Energy’s National Nuclear Security Administration has issued a “notice to proceed” to Mission Support and Test Services (MSTS) LLC, a joint venture including Honeywell International and its equity partners SN3, a part of HII’s Technical Solutions division, and Jacobs Engineering. The notice allows MSTS to begin transition activities for the management and operation of the Nevada National Security Site (NNSS) on Aug. 1, 2017.

“We are excited about the opportunity to extend SN3’s legacy of environmental management at the NNSS,” said Michael Lempke, president of Technical Solutions’ Nuclear & Environmental group. “We look forward to delivering outstanding nuclear operations and site management services that build upon and integrate lessons learned from HII’s six decades of NNSA mission performance in the Naval Nuclear Propulsion Program and as a management and operating partner at the DOE’s Savannah River Site.”

NNSS is a pre-eminent outdoor, indoor and underground resource executing national security experiments and helping to secure the United States and its allies in support of the nuclear deterrent and critical emergency response capabilities. MSTS’ mission is to manage and operate the NNSS contract safely, securely, effectively and efficiently to the satisfaction of our customers while adhering to impeccable ethical standards. MSTS is committed to be the high-hazard experimentation and mission-service provider of choice for U.S. national security customers.

HII Technical Solutions is a professional services business providing solutions to a variety of government and commercial customers worldwide. The division was formed in December 2016 when HII acquired Camber Corp. and combined it with HII’s existing services subsidiaries, including AMSEC, Continental Maritime of San Diego, Newport News Industrial, SN3, Undersea Solutions Group and UniversalPegasus International. Technical Solutions provides fleet maintenance and modernization, unmanned solutions and rapid prototyping, agile software development and network engineering, training systems, logistics support, nuclear engineering and fabrication, and oil and gas engineering. Technical Solutions employs more than 5,000 people working in 35 states and 11 countries, with mobile “fly-away” teams that support emergent situations around the globe.

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. 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’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Missions Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 37,000 people operating both domestically and internationally. For more information, visit:

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

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.

Contact: 

Beci Brenton
[email protected]
(202) 264-7143