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November 2, 2016

HUNTINGTON INGALLS INDUSTRIES INCREASES QUARTERLY DIVIDEND TO $0.60 PER SHARE

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HUNTINGTON INGALLS INDUSTRIES INCREASES QUARTERLY DIVIDEND TO $0.60 PER SHARE

NEWPORT NEWS, Va., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $0.60 per share, a 20 percent increase over the $0.50 per share dividend paid in each of the prior four quarters. The $0.60 per share dividend is payable on Dec. 9, 2016, to shareholders of record as of the close of business on Nov. 25, 2016.

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong.

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