Huntington Ingalls Industries to Hold Conference Call to Discuss Intent to Acquire Alion

Rhea-AI Summary

Huntington Ingalls Industries (HII) is set to discuss its agreement with Veritas Capital to acquire Alion Science and Technology during a conference call with analysts at 9 a.m. EDT today. This acquisition aims to enhance HII's capabilities in delivering professional services for national security missions. The call will be accessible via live audio broadcast, and a replay will be available through July 13. HII, based in Newport News, Virginia, is the largest military shipbuilding company in the U.S., providing a wide range of services to government and industry partners.

Positive

• Acquisition of Alion Science and Technology expected to enhance HII's service offerings for national security.
• Strategic partnership with Veritas Capital could lead to synergies in operations.

Negative

• None.

What:	Huntington Ingalls Industries’ call with analysts to discuss the agreement with Veritas Capital to acquire Alion Science and Technology.
Who:	Mike Petters, president and CEO, and Tom Stiehle, executive vice president and CFO
When:	9 a.m. EDT, Tuesday, July 6
Where:	Live webcast: www.huntingtoningalls.com
	Dial in:	(844) 825-9785 (domestic)
		(412) 902-4183 (international)

NEWPORT NEWS, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) will hold a conference call with analysts to discuss the agreement with Veritas Capital to acquire Alion beginning at 9:00 a.m. EDT today. A live audio broadcast of the conference call and a supplemental presentation will be available on the investor relations page of the company’s website: ir.huntingtoningalls.com.

A telephone replay of the conference call will be available from noon today through July 13 by calling toll-free:

(877) 344-7529 (domestic)
(412) 317-0088 (international)
(855) 669-9658 (Canada)

Replay Access Code: 10158316

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 supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 41,000 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
• HII on YouTube: www.youtube.com/huntingtoningalls
• HII on Instagram: www.instagram.com/huntingtoningalls
  

Contact:

Beci Brenton
Beci.Brenton@hii-co.com
(202) 264-7143 

FAQ

What is the purpose of Huntington Ingalls Industries' acquisition of Alion Science and Technology?

The acquisition aims to enhance HII's capabilities in providing professional services for national security missions.

When will the conference call about the acquisition take place?

The conference call is scheduled for 9 a.m. EDT on July 6.

How can I listen to the Huntington Ingalls Industries conference call?

You can listen live via the audio broadcast available on HII's investor relations page.

What is the expected impact of the acquisition on HII's business?

The acquisition is expected to create synergies and expand HII's service offerings in national security.