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TheStreet Open House

Ingalls Shipbuilding Starts Construction On Sixth National Security Cutter For The U.S. Coast Guard

Stocks in this article: HII

PASCAGOULA, Miss., Oct. 8, 2013 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries' (NYSE:HII) Ingalls Shipbuilding division has started fabrication on the U.S. Coast Guard's sixth National Security Cutter (NSC), Munro (WMSL 755).

"Our shipbuilders have a great jump start on the construction of this ship as we have already cut and processed more than 400 tons of steel for NSC 6," said Jim French, Ingalls' NSC program manager. "We are seeing improved efficiencies across the board in National Security Cutter construction as this program matures and we leverage lessons learned from one ship to the next. The benefits of serial production demonstrated in this program are a win-win for our Coast Guard customer and the shipbuilder."

Ingalls is currently building three NSCs and has delivered three that are serving as the flagships of the Coast Guard's cutter fleet. An electronics light-off milestone, where the ship's electrical system is powered up for the first time, was recently achieved on Ingalls' fourth NSC, Hamilton (WMSL 753), and the ship will be christened on Oct. 26. Ingalls' fifth NSC, James (WMSL 754), has over 70 percent of its units erected and will launch in the spring of 2014. A long-lead material contract, which allows major equipment such as the main propulsion systems, generators and electrical switchboards to be ordered in advance, was awarded in June for a seventh NSC.

Designed to replace the 378-foot Hamilton-class high-endurance cutters, the NSCs are 418 feet long with a 54-foot beam and displace 4,500 tons with a full load. They have a top speed of 28 knots, a range of 12,000 miles, an endurance of 60 days and a crew of 110.

The Legend-class NSC is capable of meeting all maritime security mission needs required of the high-endurance cutter. The NSC includes an aft launch and recovery area for two rigid hull inflatable boats and a flight deck to accommodate a range of manned and unmanned rotary wing aircraft. It is the largest and most technologically advanced class of cutter in the U.S. Coast Guard, with robust capabilities for maritime homeland security, law enforcement, marine safety, environmental protection and national defense missions. This class of cutters plays an important role enhancing the Coast Guard's operational readiness, capacity and effectiveness at a time when the demand for their services has never been greater.

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing about 37,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information about HII, visit:

CONTACT: Bill Glenn
         William.Glenn@hii-co.com
         228-327-1671

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