Huntington Ingalls Industries Awarded Technical Support Contract by the U.S. Air Force
2019年10月24日 - 5:00AM
Huntington Ingalls Industries (NYSE:HII) announced today that it is
one of eight companies included on a contract to provide broad
analytical and technical services to the U.S. Air Force in areas
such as network architecture and cybersecurity. The multiple-award
contract, recently awarded by the Secretary of the Air Force,
Administrative Assistant’s Concepts, Development and Management
Office (SAF/CDM), has a base period of five years and a potential
value of $950 million.
“The assimilation of intelligence tools is essential to military
readiness,” said Garry Schwartz, president of Technical Solutions’
Mission Driven Innovative Solutions group. “Over the last several
years, HII has continued to expand its support to the U.S. Air
Force and the Department of Defense (DoD). We are looking
forward to helping advance the creation and implementation of
innovative solutions across the DoD.”
The contract will allow for the development of new concepts and
management of high-priority projects and programs providing
innovative solutions to Air Force and defense-wide challenges.
SAF/CDM’s mission is to be the partner choice for innovation,
discovery and opportunity development within the Department of
Defense.
The contract was directly awarded to Fulcrum IT Services, a
company acquired by HII in February and is now a part of HII’s
Technical Solutions division.
Technical Solutions has nearly 6,000 employees in 45 states and
16 countries, providing professional services and business
solutions to a variety of government and commercial customers
worldwide.
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
provides a wide range of professional services through its Fleet
Support, Mission Driven Innovative Solutions, Nuclear &
Environmental, and Oil & Gas groups. Headquartered in Newport
News, Virginia, HII employs more than 41,000 people operating both
domestically and internationally. For more information, visit:
- HII on the web: www.huntingtoningalls.com
- HII on Facebook:
www.facebook.com/HuntingtonIngallsIndustries
- HII on Twitter: twitter.com/hiindustries
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 BrentonBeci.Brenton@hii-co.com(202) 264-7143
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