Photo Release -- Huntington Ingalls Industries Subsidiary AMSEC LLC to Move Headquarters

Wed May 2, 2012 11:00am EDT

* Reuters is not responsible for the content in this press release.

VIRGINIA BEACH, Va., May 2, 2012 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its AMSEC LLC subsidiary has picked an existing building in Virginia Beach for its new headquarters.

A photo accompanying this release is available at http://media.globenewswire.com/hii/mediagallery.html?pkgid=12687

AMSEC had been engaged in a two-year search to identify a new location in the Hampton Roads area for its headquarters. AMSEC signed a 10-year lease agreement with the Olympia Development Corp. for the property located at 5701 Cleveland St. AMSEC will occupy approximately half of the six-story, 126,000 square foot building adjacent to Interstate 264. AMSEC is relocating about 300 employees from its Guardian Lane location in Virginia Beach to the newly renamed "AMSEC Center." AMSEC expects to be operating from the new headquarters by late November 2012.

"Change is exciting," said Harris Leonard, HII vice president and president of AMSEC operations. "We believe this move will make us more effective in serving our customer as well as providing easier access to our facility."

AMSEC LLC is a subsidiary of Huntington Ingalls Industries. With approximately 2,000 employees in 27 locations nationwide and overseas, AMSEC is a full-service supplier to the Navy and commercial maritime industry, providing naval architecture and marine engineering, naval ship systems assessments, maintenance engineering, waterfront maintenance support, acquisition program support, shipyard industrial engineering and C4I installation and support services. AMSEC also provides life-cycle integrated logistics services, including technical manual development, provisioning documentation, spare parts management, training development and delivery, and software development.

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:

The Huntington Ingalls Industries, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9418

CONTACT: Leslie Gallop
         (757) 463-6666
         leslie.gallop@hii-amsec.com
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