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Press release from GlobeNewswire (a Nasdaq OMX company)

Multimedia Release -- Ingalls Shipbuilding Launches the Multi-Purpose Amphibious Assault Ship America (LHA 6)

Tuesday, June 05, 2012

Multimedia Release -- Ingalls Shipbuilding Launches the Multi-Purpose Amphibious Assault Ship America (LHA 6)12:20 EDT Tuesday, June 05, 2012PASCAGOULA, Miss., June 5, 2012 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division launched the U.S. Navy's next amphibious assault ship, America (LHA 6), from the company's floating drydock on Monday.Tugboats guide the amphibious assault ship America (LHA 6) to her berthing place on Monday at Ingalls Shipbuilding. The Ingalls-built amphibious transport dock Arlington (LPD 24) can be seen in the background. America will be christened on Oct. 20. A photo accompanying this release is available at http://media.globenewswire.com/hii/mediagallery.html?pkgid=13143 A video accompanying this release is available at http://www.globenewswire.com/newsarchive/hii/pages/news_releases.html?d=258308 "Launching a large-deck ship is a significant milestone requiring several highly skilled shipyard crafts and a complex logistics plan," said Brian Cuccias, Ingalls' vice president, large deck amphibious ships. "As the Navy's longtime sole provider of these important ships, we are unique in our ability to draw on the specialized experience our shipbuilders have in the safe and efficient translation and launch of a warship of this size." The ship, weighing more than 29,000 tons in its current state, became one of the largest objects moved across land when it was translated to the drydock two weeks ago. Following additional planning and preparation, the launch process occurred utilizing the drydock's ballast system on Monday afternoon, and the ship floated free. "This is an exceptional milestone for the LHA program that was conducted flawlessly," said LHA 6 Program Manager George Jones. "I am proud of the team who made this happen and who continue to do quality work in this program." Ingalls received a $2.38 billion contract to build the next ship in the class, Tripoli (LHA 7), last week. LHA 6 and LHA 7 are the first two ships in the new America class of amphibious assault ships. The ships are 844 feet long and 106 feet wide and will displace 44,971 long tons. The gas turbine propulsion system will drive the ships in excess of 20 knots. They will accommodate 1,059 crew (65 officers) and 1,687 troops. They will be capable of carrying a Marine Expeditionary Unit, including Marine helicopters, MV‐22 Osprey tiltrotor aircraft and F‐35B Joint Strike Fighter (JSF) aircraft. Carrying a complement of F‐35s allows the ships to serve the role of a small aircraft carrier, as demonstrated by LHD‐class ship operations in Operation Iraqi Freedom. The America class has an increased aviation capacity to include an enlarged hangar deck, realignment and expansion of the aviation maintenance facilities, a significant increase in available stowage for parts and support equipment, and increased aviation fuel capacity. Similar to its predecessors, the ship will be able to operate as the flagship for an Expeditionary Strike Group. Ingalls has built five Tarawa (LHA 1) class ships as well as eight Wasp (LHD 1) class ships. Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder. Employing nearly 38,000 in Virginia, Mississippi, Louisiana and California, its primary business divisions are Newport News Shipbuilding and Ingalls Shipbuilding. For more information, visit: HII on the web: www.huntingtoningalls.com HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries HII on Twitter: twitter.com/hiindustries The Huntington Ingalls Industries, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9418CONTACT: Bill Glenn william.glenn@hii-co.com 228-327-1671