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  July 6, 2020 | International, Naval

  Huntington Ingalls Industries Awarded $936 Million Contract to Build Navy Destroyer

  Pascagoula, Miss., June 30, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries' (NYSE: HII) Ingalls Shipbuilding division has been awarded a $936 million contract for the construction of an additional Arleigh Burke-class (DDG 51) Flight III destroyer for the U.S. Navy. In 2018, Ingalls was awarded a $5.1 billion fixed-price incentive, multiyear contract for construction of six Arleigh Burke-class Flight III destroyers for the U.S. Navy. “We take great pride in the craftsmanship of our shipbuilders, and in the capabilities of our world-class shipyard,” Ingalls Shipbuilding President Brian Cuccias said. “This contract award provides great momentum for Ingalls and our more than 600 suppliers, in nearly 40 states, as we enter the second half of the year. We continue to focus on high performance and providing the greatest value possible to our customers.” Ingalls has delivered 32 destroyers to the Navy and has four more under construction including Frank E. Petersen Jr. (DDG 121), Lenah H. Sutcliffe Higbee (DDG 123), Jack H. Lucas (DDG 125) and Ted Stevens (DDG 128). Ingalls delivered Delbert D. Black (DDG 119) to the Navy in April. Arleigh Burke-class destroyers are capable, multi-mission ships and can conduct a variety of operations, from peacetime presence and crisis management to sea control and power projection, all in support of the United States' military strategy. These guided missile destroyers are capable of simultaneously fighting air, surface and subsurface battles. These ships contains myriad offensive and defensive weapons designed to support maritime defense needs well into the 21st century. About Huntington Ingalls Industries 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, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 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: www.twitter.com/hiindustries HII on Instagram: https://www.instagram.com/huntingtoningalls/ Statements in this release, as well as other statements we may make from time to time, 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 estimate our future contract costs and perform our contracts effectively; changes in procurement processes and government regulations and our ability to comply with such requirements; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; natural and environmental disasters and political instability; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; adverse economic conditions in the United States and globally; 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 or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make. CONTACT INFORMATION Teckie Hinkebein Manager of Media Relations (228) 935-1323 teckie.hinkebein@hii-co.com View source version on Huntington Ingalls Industries: https://newsroom.huntingtoningalls.com/releases/huntington-ingalls-industries-awarded-936-million-contract-to-build-navy-destroyer

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  August 3, 2020 | International, Aerospace

  Budget Shows Flightworthy Sixth-Generation Fighter Engines Ready By 2025

  Steve Trimble July 31, 2020 Details of the first of two mostly secret initiatives to support the U.S. Air Force's five-year-old pursuit of a sixth-generation successor to the Lockheed Martin F-22 are now released and reveal that a critical technology for the Next-Generation Air Dominance program could become flightworthy by mid-2025. GE Aviation and Pratt & Whitney are scheduled to complete separate competitive designs for a Next-Generation Adaptive Propulsion (NGAP) system by the second quarter of 2022 and finish assessments on a full-scale engine three years later, according to Air Force budget documents. The schedule and spending details on the NGAP appeared for the first time in the Air Force's budget justification documents for fiscal 2021 that were submitted to Congress in February, but passed unnoticed for several months. The Air Force awarded GE and Pratt each a $427 million contract to support the NGAP program, but the details were shrouded in budget documents within the related Adaptive Engine Transition Program (AETP), an unclassified effort to develop a reengining candidate for the Lockheed F-35. After Senate authorizers cited the Air Force's lack of transparency for justifying a $270 million budget cut for AETP this year, service officials decided to break out funding for the NGAP in budget documents. In fact, the NGAP program reappeared in the fiscal 2021 budget documents for the first time in more than six years. The Air Force has kept all details about the Next-Generation Air Dominance (NGAD) program highly secret since 2016, but there was a brief, two-year window in 2014-15 when senior defense officials provided information about the underlying technology development efforts. The NGAP was first referenced in testimony by Alan Shaffer before House Armed Services Committee in March 2014. Shaffer is now the deputy to Ellen Lord, undersecretary of defense for acquisition and sustainment. Six years ago, he was the principal deputy to the director for research and engineering. In that role, Shaffer introduced the NGAP as an enabler to the NGAD program, along with another, complementary initiative focused on new airframes. “This program will develop and fly two X-plane prototypes that demonstrate advanced technologies for future aircraft,” Shaffer said in 2014. “Teams will compete to produce the X-plane prototypes, one focused on future Navy operational capabilities, and the other on future Air Force operational capabilities.” A year later, Frank Kendall, then undersecretary of defense for acquisition, technology and logistics, elaborated on the Aerospace Innovation Initiative (AII). The development of the X-planes would be led by DARPA, he said. “To be competitive, the Navy and the Air Force each will have variants focused on their mission requirements,” Kendall said. “There will be a technology period leading up to development of the prototypes. This will lead to the systems that ultimately will come after the F-35.” The results of the AII program have not been released or even acknowledged by Air Force or defense officials since 2015, but the initiative suggests that one or two X-plane aircraft could be in testing now. Kendall's remarks to Congress in 2015 came a year before the Air Force received the results of an Enterprise Capability Collaboration Team on the Air Superiority 2030 Flight Plan, which urged the development of a family of systems anchored by a next-generation fighter to replace the F-22. The Flight Plan prompted the Air Force to commission an analysis of alternatives (AoA) in late 2016. The results of that study were originally scheduled to be released by the end of 2017, but the analysis continued until early 2019. Meanwhile, a 2015 presentation by the Air Force Research Laboratory showed a notional schedule for the NGAD program; a contract award to launch the engineering and manufacturing development (EMD) phase is set for fiscal 2023. As late as the Air Force's fiscal 2019 budget request, the financial resources devoted to the NGAD appeared to support that schedule: A significant increase in funding starts in fiscal 2023, and $13 billion is set aside overall between fiscal 2019 and 2023. Last year, however, as the results of the AoA study became available, the Air Force appeared to defer the launch of the EMD by at least a few years. The fiscal 2020 budget request included only $6.6 billion for the NGAD from fiscal 2020-24. Funding for the NGAD and NGAP programs is accounted for separately in Air Force budget documents. The fiscal 2021 budget justification documents reveal that the Air Force spent $106 million for the NGAP in fiscal 2019. Another $224 million is allocated to the NGAP this year. But the program has requested an additional $403 million in fiscal 2021, the budget documents show. “The Next-Generation Adaptive Propulsion effort consists of four phases: preliminary design, detailed design, engine fabrication and engine assessments,” the Air Force's budget documents state. “Program deliverables include military adaptive engine detailed design parameters and models, engine hardware (plus spare parts), matured technologies, major rig assessment data (controls, combustor, etc.), program reviews, and technology, affordability and sustainability studies for next generation fighter aircraft,” the documents add. https://aviationweek.com/defense-space/budget-policy-operations/budget-shows-flightworthy-sixth-generation-fighter-engines

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  September 20, 2019 | International, Aerospace

  France’s Armée De L’ Air Receives First KC-130J Super Hercules Aerial Refueler

  ORLÉANS, France, September 19, 2019 – Lockheed Martin (NYSE: LMT) delivered the first of two KC-130J Super Hercules aerial refuelers to representatives from France's Armée de l'Air's 62st Transport Wing at Orléans-Bricy Air Base today. France will receive a total of four Super Hercules aircraft — two C-130J-30 combat delivery airlifters and two KC-130J aerial refuelers — through a Foreign Military Sale with the U.S. government. The two C-130J-30 airlifters were delivered in 2017 and 2018, and a second KC-130J will deliver in 2020. All of these Super Hercules are operated in conjunction with France's existing C-130H fleet. “The KC-130J provides Armée de l'Air crews with a proven solution that delivers much-needed fuel in any environment, at any time,” said Rod McLean, vice president and general manager, Air Mobility & Maritime Missions at Lockheed Martin. “In choosing to operate both the C-130J-30 and the KC-130J, France has built a diverse airlift fleet that expands both the capabilities and global reach of the French Armed Forces.” France is the 17th country to choose the C-130J for its airlift needs. The C-130J Super Hercules is the most advanced tactical airlifter in operation today, offering superior performance and enhanced capabilities with the range and versatility for every theater of operations and evolving requirements. As the preeminent tactical aerial refueling tanker, the KC-130J is a battle-tested solution that takes full advantage of the tremendous technological and performance improvements inherent in the C-130J Super Hercules aircraft. A true force multiplier, the KC-130J refuels both fixed wing and rotary wing aircraft as well as conducts rapid ground refueling. With this delivery, France joins a global community of KC-130J operators. In 2018, Germany announced the acquisition of a C-130J-30/KC-130J fleet, to be operated in partnership with France — making this first such operator relationship in C-130J history. www.lockheedmartin.com/c130.