NEWPORT NEWS, Va., March 07, 2017 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Technical Solutions division was recently awarded a contract by the Joint Program Executive Office for Chemical and Biological Defense (JPEO-CBD) to provide acquisition technical services. Technical Solutions was established in December 2016 when HII acquired Camber Corp., a government services company headquartered in Huntsville, Alabama, and combined it with HII’s non-shipbuilding subsidiaries.
Technical Solutions was awarded four task orders on JPEO-CBD’s indefinite-delivery, indefinite-quantity Omnibus Program, Engineering and Technical Support (OPETS) requirement. The task orders provide continuing acquisition technical services in the Engineering and Technical (E&T) Domain, with a period of performance of February 2017 through February 2019. The work will be accomplished by Technical Solutions’ Integrated Mission Solutions Group.
The JPEO-CBD is a leading Department of Defense enterprise with a global mission of providing research, development, acquisition, fielding and life-cycle support of chemical, biological, radiological and nuclear (CBRN) defense equipment and medical countermeasure capabilities for the U.S. Army, Marine Corps, Air Force, Navy and combatant commands supporting national strategies. Technical Solutions’ Integrated Mission Solutions Group is committed as a key JPEO-CBD partner providing acquisition, logistics, information technology and technical support services.
About Huntington Ingalls Industries
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 and Environmental, and Oil and Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 37,000 people operating both domestically and internationally. For more information, visit:
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 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; 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 any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make.
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