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HII Recognizes Australian Firms at Sea Air Space 2025, Advancing AUKUS Industrial Integration and Submarine Supply Chain Access

1. HII recognized five Australian firms at the Sea Air Space 2025 Expo. 2. The companies received supplier identification numbers for nuclear-powered submarine construction. 3. This integration supports Australia's AUKUS trilateral defense partnership. 4. HII enables Australian companies to join U.S. defense supply chains. 5. The initiative strengthens HII's position in the global defense market.

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Why Bullish?

Recognition of suppliers enhances HII’s credibility and presence in international defense contracts. Similar initiatives in the past have led to increased stock performance.

How important is it?

The article highlights strategic partnerships that could lead to substantial contracts and revenue generation for HII.

Why Long Term?

The partnership and supplier development initiatives will foster long-term relationships and revenue opportunities, notably under AUKUS agreements.

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GDBARTN
NATIONAL HARBOR, Md., April 10, 2025 (GLOBE NEWSWIRE) -- At the HII booth during the U.S. Navy League’s annual Sea Air Space 2025 Expo, representatives from five Australian companies were presented with certificates recognizing their successful participation in HII-led supplier development initiatives and received a Newport News Shipbuilding (NNS) supplier identification number. The supplier development initiatives include state-led Supplier Capability Uplift Programs, which will feed into the new Australian Submarine Supplier Qualification (AUSSQ) program, announced by Deputy Prime Minister Richard Marles on March 6, 2025. Eric Chewning, executive vice president of strategy & development for HII; Cullen Glass, vice president of supply chain management for HII’s Newport News Shipbuilding; and Michael Lempke, president of the global security group at HII’s Mission Technologies division, presented certificates to: Century Engineering (South Australia)MacTaggart Scott Australia (South Australia)Hofmann Engineering (Western Australia)Levett Engineering (South Australia)VEEM Ltd. (Western Australia) Photos accompanying this release are available at: http://hii.com/news/hii-recognizes-australian-firms-at-sea-air-space-2025-advancing-aukus-industrial-integration-and-submarine-supply-chain-access/. The supplier identification number signifies that, upon full certification through the AUSSQ process, these companies are qualified to participate in the NNS supply chain in support of nuclear-powered submarine construction. Also in attendance were Rear Adm. Ian Murray, Australian Defence attaché; Linda Dawson, deputy director general for industry, science and innovation, Western Australian Government; and Sir Nick Hine, executive director of H&B Defence and former second sea lord of the Royal Navy. This milestone reflects deepening industrial integration under the AUKUS trilateral security partnership between Australia, the United Kingdom and the United States. HII’s work, under contract with the Australian Government, supports the development of sovereign industrial capabilities and enables Australian companies to enter U.S. defense supply chains. About HII HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit: HII on the web: https://www.HII.com/HII on LinkedIn: https://www.linkedin.com/company/wearehiiHII on Facebook: https://www.facebook.com/TeamHIIHII on X: https://www.twitter.com/WeAreHIIHII on Instagram: https://www.instagram.com/WeAreHII Contact:Greg McCarthy(202) 264-7126gregory.j.mccarthy@hii-co.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ccadc069-4d1e-4467-b55e-47897d6745e9

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