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HII Marks Milestone in Virginia-Class Submarine Massachusetts (SSN 798) Construction

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HII (NYSE: HII) announced a significant milestone in the construction of the Virginia-class submarine Massachusetts (SSN 798), with the completion of the pressure hull. This accomplishment marks the last major construction step before the submarine's launch. Jason Ward, vice president of Virginia-class submarine construction, emphasized the dedication of shipbuilders to deliver advanced submarines that bolster national security. The Newport News Shipbuilding division continues to invest in its workforce and facilities to deliver critical naval assets. Massachusetts is the 25th Virginia-class submarine.

Positive
  • Completion of pressure hull for Massachusetts indicates strong progress in submarine construction.
  • Newport News Shipbuilding is one of only two shipyards capable of building nuclear-powered submarines.
  • The continued investment in workforce and facilities supports the timely delivery of critical naval assets.
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  • None.

NEWPORT NEWS, Va., Aug. 10, 2022 (GLOBE NEWSWIRE) -- All-domain defense and technologies partner HII (NYSE: HII) shared today that it’s Newport News Shipbuilding division has achieved a significant milestone in construction of Virginia-class submarine Massachusetts (SSN 798).

Shipbuilders working on Massachusetts recently reached pressure hull complete, meaning that all of the hull sections were joined to form a single, watertight unit. This is the last major construction milestone before the submarine is launched.

“Our highly skilled shipbuilders are driven to serve the nation by delivering great submarines that help ensure America’s undersea superiority,” said Jason Ward, Newport News Shipbuilding vice president of Virginia-class submarine construction. “Reaching this point in construction demonstrates our commitment to getting Massachusetts ready as soon as possible to become part of the U.S. Navy fleet.”

Newport News Shipbuilding is one of only two shipyards capable of designing and building nuclear-powered submarines. The advanced capabilities of Virginia-class submarines increase firepower, maneuverability and stealth.

Massachusetts SSN 798

A photo accompanying this release is available at: https://hii.com/news/massachusetts-ssn-798-pressure-hull-milestone.

This milestone on Massachusetts comes following the delivery of USS Montana (SSN 794) and launch of New Jersey (SSN 796) at Newport News Shipbuilding earlier in 2022, as the shipyard continues to invest in its workforce and facilities to make steady progress on delivering these important assets to the Navy.

Massachusetts is the 25th Virginia-class fast attack submarine.

About HII

HII is an all-domain defense and technologies partner, recognized worldwide as America’s largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable an all-domain force. Headquartered in Virginia, HII’s skilled workforce is 44,000 strong. For more information, please visit:

Contact:

Todd Corillo
Todd.T.Corillo@hii-co.com
(757) 688-3220

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2da38a53-7d7a-48f2-bf13-be64d6701a5b


FAQ

What is the latest milestone for HII's <em>Massachusetts</em> submarine?

HII announced that the pressure hull for the Massachusetts (SSN 798) submarine has been completed.

When was the pressure hull of <em>Massachusetts</em> completed?

The pressure hull was completed as of August 10, 2022.

What is <em>Massachusetts</em> (SSN 798) in relation to HII?

Massachusetts (SSN 798) is the 25th Virginia-class fast attack submarine being constructed by HII.

How does the pressure hull completion impact HII's stock performance?

The completion of the pressure hull is a positive indicator of HII's operational progress, potentially influencing investor confidence positively.

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