June 5, 2015
NEWPORT NEWS SHIPBUILDING INCREASES WAREHOUSE SPACE AS COST-SAVING MEASURE
NEWPORT NEWS, Va. (June 5, 2015) — Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has increased its indoor material storage capacity by more than 500,000 square feet with the addition of new warehouse space in the West Park Warehouse Complex in Hampton.
“The new warehouse not only provides Newport News Shipbuilding with increased storage capacity, but provides us room to execute several changes to our procurement and logistics strategies in an effort to reduce overall cost, increase material availability and better support our programs across the shipyard,” said Brian Fields, Newport News’ Vice President, Supply Chain Management.
Additional storage capacity facilitates Newport News’ ability to buy parts and materials in bulk. It will also help the shipyard consolidate and centralize its logistics processes, which will reduce hand-offs and infrastructure cost while increasing material availability and program responsiveness.
The shipyard will relocate 60-80 employees to the warehouse complex, which will support all shipyard programs.
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 45,000 strong.
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