NEWPORT NEWS INDUSTRIAL ANNOUNCES 52,000-SQUARE-FOOT EXPANSION AT ITS HEADQUARTERS

NEWPORT NEWS, Va. (June 27, 2016)—Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Industrial subsidiary will undergo a 52,000-square-foot expansion at its headquarters facility in Newport News.

The facility, located at 182 Enterprise Drive, will be expanded to house production areas, heavy cranes and plate-forming equipment. The expansion will support the company’s heavy steel fabrication in the commercial nuclear power industry and will create at least 120 new skilled trades jobs. Additional parking will also be added to support the larger workforce.

“We at Newport News Industrial are excited to see this expansion come to life because it will support our work in the nuclear power industry and support our community through job creation,” said Pete Diakun, vice president of energy programs at HII’s Newport News Shipbuilding division. “With this expansion, NNI will be better equipped to serve its commercial and government customers in the nuclear energy space.”

The expansion is scheduled to be completed in fall 2017.

“Newport News Shipbuilding and its subsidiary, Newport News Industrial, continue to be driving forces within the local, regional and state economy,” said Newport News City Manager Jim Bourey. “Today’s announcement strengthens their competitive position in the commercial nuclear power industry and positively impacts the city with economic growth and job opportunities for our citizens.”