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Media Invited to Visit HII's Newport News Shipbuilding – Charleston Operations

1. HII acquired an advanced manufacturing facility to boost its production capacity. 2. Newport News Shipbuilding's Charleston Operations will enhance submarine and carrier output. 3. Media invited to learn about HII's advancements in national security assets. 4. HII emphasizes its role in increasing U.S. military capabilities significantly. 5. Community engagement event scheduled to further involve local leaders.

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FAQ

Why Bullish?

The acquisition signifies growth in production capabilities, historically correlating with stock performance boosts during expansions.

How important is it?

The announcement of capacity expansion suggests a strong future demand for HII's products, increasing its market presence.

Why Long Term?

Increased production capacity will likely yield sustained revenue growth over the coming years, impacting long-term stock performance positively.

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March 04, 2025 11:15 ET  | Source: HII GOOSE CREEK, S.C., March 04, 2025 (GLOBE NEWSWIRE) -- What:Following HII’s acquisition of an advanced manufacturing facility and assets, work is underway at its Newport News Shipbuilding (NNS) — Charleston Operations site in South Carolina. Media are invited to visit the site to learn how HII is increasing U.S. nuclear-powered submarine and aircraft carrier capacity and throughput for its national security customers.  When:Wednesday, March 12, 2025 at 10:00 a.m.  Where:Newport News Shipbuilding (NNS) — Charleston Operations   2040 Bushy Park Road, Goose Creek, South Carolina, 29445  RSVP:U.S. citizenship and confirmation of media attendance is required. Please RSVP by noon on Monday, March 10. Please RSVP to:   Todd Corillo Todd.T.Corillo@hii-co.com (757) 688-3220   Please note that because this is an industrial setting, long pants and flat, sturdy, closed-toe shoes are required.  More:Media are also invited to cover a breakfast HII is hosting for community leaders on Monday, March 17, in Charleston. Additional details will be provided upon RSVP.   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 Facebook: https://www.facebook.com/TeamHIIHII on X: https://www.twitter.com/wearehiiHII on Instagram: https://www.instagram.com/wearehii

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