Huntington Ingalls Industries Wins U.S. Navy Support Services Contract

VIRGINIA BEACH, Va., July 20, 2011 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) subsidiary AMSEC LLC was awarded an indefinite-delivery/indefinite-quantity multiple award contract allowing an AMSEC-led team to compete for individual task orders solicited for service requirements. The award has a three-year base period with one five-year award term.

The contract is one of approximately 2,500 awarded under the SeaPort Enhanced (SeaPort-e) acquisition program for services procurements. SeaPort-e is the Navy's electronic platform for acquiring support services in 22 functional areas, including engineering, financial management and program management. The government estimates a maximum of $5.3 billion of services will be procured each year under the SeaPort-e multiple award contracts.

A team led by AMSEC has been selected by U.S. Naval Sea Systems Command (NAVSEA) to compete for task orders to provide services solicited by NAVSEA, Naval Air Systems Command, Space and Naval Warfare Systems Command, Naval Supply Systems Command, Military Sealift Command, Naval Facilities Command, Strategic Systems Programs, the Office of Naval Research and the U.S. Marine Corps.

"This contract provides AMSEC the opportunity to provide the U.S. Navy and Marine Corps with a wide range of expertise in support of their critical missions," said Harris Leonard, vice president of HII and president of AMSEC LLC. "We look forward to providing quality services which will enable our customer to meet existing and future afloat and shore mission objectives."

If task orders are awarded, AMSEC's portion of the work will be performed in Norfolk, Va., Mayport, Fla., San Diego, Philadelphia and other continental United States and worldwide areas. The work is expected to be completed by January 2019. NAVSEA's Naval Surface Warfare Center in Dahlgren, Va., is the contracting activity.

AMSEC is a subsidiary of Huntington Ingalls Industries. With approximately 2,000 employees in 27 locations nationwide and overseas, AMSEC is a full-service supplier to the 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 (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, please visit

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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.


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