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HUNTINGTON INGALLS INDUSTRIES AWARDED $346 MILLION TASK ORDER TO SUPPORT U.S. AFRICA COMMAND’S LIFE-SAVING OPERATIONS

HII

NEWPORT NEWS, Va., (Aug. 02, 2021) — Huntington Ingalls Industries’ (NYSE:HII) Technical Solutions division was awarded a contract to provide personnel recovery and casualty evacuation services (PR/CASEVAC) for U.S. Africa Command (USAFRICOM) and partner nations. The One Acquisition Solution for Integrated Services task order, issued by the Federal Systems Integration and Management Center under the General Services Administration, has a one-year base period with four one-year options and a total potential value of $346 million.

“We understand the importance of PR/CASEVAC, particularly to the continuing U.S. strategic presence in Africa,” said Garry Schwartz, president of Technical Solutions’ Defense and Federal Solutions business group. “As a retired Marine with first-hand experience in the Horn of Africa, I recognize the unique challenges of the region and what this service means to the commanders and soldiers on the ground. We are honored to support life-saving operations for our nation’s service members.”

HII will provide a variety of aircraft and operational support services for USAFRICOM, including planning, management, maintenance, logistics and airlift/airdrop services and emergency medical care. HII’s support will help reduce evacuation response and transport times, improve program efficiency and maximize survival rates of personnel within the east Africa area of operations.

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 41,000 people operating both domestically and internationally. For more information, visit:

本版本中的陈述除了历史事实的陈述外,构成了1995年《私人证券诉讼改革法》的含义中的“前瞻性陈述”。前瞻性陈述涉及风险和不确定性,这些风险和不确定性可能导致我们的实际结果与这些在这些陈述中表达的。可能引起此类差异的因素包括:政府和客户优先级和要求的变化(包括政府的预算限制,国防支出的转变以及客户短期和远程计划的变化);我们能够估算未来合同成本并有效执行合同的能力;采购过程和政府法规的变化以及我们遵守此类要求的能力;我们以负担得起的生命周期成本交付产品和服务的能力并在市场中竞争;自然和环境灾难和政治动荡;我们执行战略计划的能力,包括关于股票回购,股息,资本支出和战略收购的能力;美国和全球的不利经济状况;健康流行病,大流行病和类似的爆发,包括COVID-19大流行; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; 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 obligation to update any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make. This release also contains non-GAAP financial measures and includes a GAAP reconciliation of these financial measures. Non-GAAP financial measures should not be construed as being more important than comparable GAAP measures.

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