Huntington Ingalls Industries and MSTS Partners to Proceed with Work at Nevada National Security Site
July 24 2017 - 3:00PM
Huntington Ingalls Industries (NYSE:HII) announced today that the
Department of Energy’s National Nuclear Security Administration has
issued a “notice to proceed” to Mission Support and Test Services
(MSTS) LLC, a joint venture including Honeywell International and
its equity partners SN3, a part of HII’s Technical Solutions
division, and Jacobs Engineering. The notice allows MSTS to begin
transition activities for the management and operation of the
Nevada National Security Site (NNSS) on Aug. 1, 2017.
“We are excited about the opportunity to extend SN3’s legacy of
environmental management at the NNSS,” said Michael Lempke,
president of Technical Solutions’ Nuclear & Environmental
group. “We look forward to delivering outstanding nuclear
operations and site management services that build upon and
integrate lessons learned from HII’s six decades of NNSA mission
performance in the Naval Nuclear Propulsion Program and as a
management and operating partner at the DOE’s Savannah River
Site.”
NNSS is a pre-eminent outdoor, indoor and underground resource
executing national security experiments and helping to secure the
United States and its allies in support of the nuclear deterrent
and critical emergency response capabilities. MSTS’ mission is to
manage and operate the NNSS contract safely, securely, effectively
and efficiently to the satisfaction of our customers while adhering
to impeccable ethical standards. MSTS is committed to be the
high-hazard experimentation and mission-service provider of choice
for U.S. national security customers.
HII Technical Solutions is a professional services business
providing solutions to a variety of government and commercial
customers worldwide. The division was formed in December 2016 when
HII acquired Camber Corp. and combined it with HII’s existing
services subsidiaries, including AMSEC, Continental Maritime of San
Diego, Newport News Industrial, SN3, Undersea Solutions Group and
UniversalPegasus International. Technical Solutions provides fleet
maintenance and modernization, unmanned solutions and rapid
prototyping, agile software development and network engineering,
training systems, logistics support, nuclear engineering and
fabrication, and oil and gas engineering. Technical Solutions
employs more than 5,000 people working in 35 states and 11
countries, with mobile “fly-away” teams that support emergent
situations around the globe.
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, Integrated Missions Solutions, Nuclear &
Environmental, and Oil & Gas groups. Headquartered in Newport
News, Virginia, HII employs nearly 37,000 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, 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 obtain new contracts, estimate
our future contract costs and perform our contracts effectively;
changes in government regulations and procurement processes and our
ability to comply with such requirements; our ability to realize
the expected benefits from consolidation of our Ingalls facilities;
natural disasters; adverse economic conditions in the United States
and globally; risks related to our indebtedness and leverage; 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 obligations to update any
forward-looking statements. You should not place undue reliance on
any forward-looking statements that we may make.
Contact:
Beci Brenton
Beci.brenton@hii-co.com
(202) 264-7143
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