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April 3, 2020 | International, Naval

U.S. Navy Selects Huntington Ingalls Industries to Provide Logistics Support for Surface Ships and Submarines

Newport News, Va., April 01, 2020 (GLOBE NEWSWIRE) - Huntington Ingalls Industries' (NYSE:HII) Technical Solutions division was selected by the U.S. Navy to provide integrated logistics support (ILS) for the hull, mechanical and electrical (HM&E) systems and equipment installed on surface ships and submarines. The indefinite delivery, indefinite quantity (IDIQ), cost-plus-fixed-fee multiple-award contract has a potential value of $41 million over five years, if all options are exercised.

“We take great pride in providing our customers around the globe with multiple logistics products and services to help them achieve their missions,” said Brad Mason, president of Technical Solutions' Fleet Support business unit. “ILS development, maintenance and deployment to the warfighter is a critical part of how HII sustains our nation's fleet.”

The IDIQ contract was awarded by the Naval Surface Warfare Center, Philadelphia Division, which is responsible for all ILS work related to the HM&E systems and equipment installed on U.S. Navy surface ships and submarines. Under the direction of the Life Cycle Logistics & Readiness Division, HII will execute services related to technical, process and programmatic support for integrated logistics and technical documentation.

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:

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:
Beci Brenton
Beci.Brenton@hii-co.com
(202) 264-7143

View source version on GlobeNewswire: http://www.globenewswire.com/news-release/2020/04/01/2010240/0/en/U-S-Navy-Selects-Huntington-Ingalls-Industries-to-Provide-Logistics-Support-for-Surface-Ships-and-Submarines.html

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  • The US Air Force is asking for hypersonic weapon ideas as a new arms race with China and Russia heats up

    September 4, 2018 | International, Aerospace

    The US Air Force is asking for hypersonic weapon ideas as a new arms race with China and Russia heats up

    Ryan Pickrell The US Air Force put out an open-ended request Thursday for hypersonic weapon concepts and development programs from qualified vendors with experience related to hypersonic platforms. The call comes amid an escalating arms race with China and Russia, both of whom have been actively testing new hypersonic systems. A hypersonic weapon is decidedly dangerous because its speed coupled with its unpredictable flight patterns make it almost impossible for existing air and missile defense systems to effectively intercept. "The homeland is no longer a sanctuary," Air Force Gen. Terrence O'Shaughnessy, head of US North Command, saidrecently. With rivals China and Russia rapidly developing hypersonic weapons able to penetrate defenses to deliver devastating strikes on their enemies, the US Air Force is preparing to enter the arms race in a big way, signaling that the US is not yet ready to cede its competitive advantage in advanced weaponry to adversarial competitors. The Air Force posted a contracting announcement online Thursday calling for qualified vendors experienced in hypersonic aerodynamics, aerothermal protection systems, advanced hypersonic guidance, navigation and control, solid rocket motors, and so on to assist the service in research on "hypersonic weapon rapid development, production and sustainment." The multi-award contract, as The Drive first reported, appears to be an open-ended request for any and all hypersonic concepts and development programs. The Air Force awarded Lockheed Martin a contract in August for an Air-Launched Rapid Response Weapon (ARRW), a hypersonic weapon and the second such contract offered by the Air Force this year. The service awarded a contract to Lockheed in April for a Hypersonic Conventional Strike Weapon (HCSW). The Air Force reportedly has four different hypersonic weapons programs in the works for the B-52, according to The Drive, as well as submarine-launched and ground-launched systems in development. And, there could certainly be more. The newfound interest in hypersonic weaponry comes after repeated warnings from senior military officers suggesting that the US was losing its edge to peer competitors. "China's hypersonic weapons development outpaces ours... we're falling behind," Adm. Harry Harris, the former head of US Pacific Command (now called Indo-Pacific Command), said in February. The head of US Strategic Command warned in March that the US needs to bolster its defenses, explaining to the Senate Armed Services Committee that the US does not "have any defense that could deny the employment of such a weapon against us." The recently-signed 2019 National Defense Authorization Act approves investments in America's missile defense capabilities in the face of certain emerging threats from US rivals. "The homeland is no longer a sanctuary," Air Force Gen. Terrence O'Shaughnessy, head of US North Command, said recently. "We're in a changing security environment. We used to think about the sanctuary we had with oceans and friendly countries to our north and south, but that's changing with adversaries that are actually able to reach out and touch us now." In the beginning of August, China tested the Xingkong-2 (Stary Sky-2) hypersonic experimental waverider vehicle able to fly at speeds as high as Mach 6. The hypersonic aircraft reportedly has the potential to be used as a hypersonic strike platform capable of carrying conventional and nuclear payloads and evading modern air and missile defenses. China, which has made the development of hypersonic systems a national priority, called the test a "huge success." Russia has also been experimenting with advanced hypersonic systems. For instance, Russia is expected to deploy its Avangard hypersonic boost-glide vehicle on the country's Sarmat intercontinental ballistic missile within the next year or so. The Russians are also developing the hypersonic Kinzhal (Dagger) cruise missile, which could be ready for combat by 2020. While the weapon has only been tested on a MiG-31 fighter, Russia reportedly intendsto mount the weapon on a strategic bomber. https://www.businessinsider.com/the-us-air-force-asking-for-hypersonic-weapon-ideas-2018-9

  • SDLE has been awarded the contract for maintenance of the Leopard 2A4 towers

    September 25, 2019 | International, Land

    SDLE has been awarded the contract for maintenance of the Leopard 2A4 towers

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  • Tempest future fighter worth £25bn to UK economy

    October 19, 2020 | International, Aerospace

    Tempest future fighter worth £25bn to UK economy

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