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Ship Repair, Maintenance Agreement – HII Subsidiary & Hanjin Heavy Industries

April 19, 2012

Huntington Ingall Industries subsidiary, AMSEC LLC, & Hanjin Heavy Industries sign ship repair, maintenance services agreement for Subic Bay yard.

Huntington Ingalls Industries announce that its subsidiary AMSEC has signed an agreement with Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-PHIL), a subsidiary of HHIC Holdings Co., Ltd. to work together in providing maintenance, repair and logistics services to the U.S. Navy and other customers in the western Pacific region.

The agreement with HHIC-PHIL allows AMSEC to benefit from Hanjin's state-of-the art shipyard at Subic Bay, Philippines, and accelerate Hanjin's growth into the maintenance, repair and logistics services as the U.S. Navy increases focus in the Western Pacific region.

"It's great that AMSEC's relationship with HHIC-PHIL has been firmly established," said Harris Leonard, HII vice president and president of AMSEC operations. "I am confident this important step will expand our efforts in providing quality technical services to our most important customer, the U.S. Navy, wherever they may be operating."

AMSEC LLC is a subsidiary of Huntington Ingalls Industries (HII). With approximately 2,000 employees in 27 locations nationwide and overseas, AMSEC is a full-service supplier to the Navy and commercial maritime industry, providing naval architecture and marine engineering, naval ship systems assessments, maintenance engineering, waterfront maintenance support, acquisition program support, shipyard industrial engineering and C4I installation and support services.

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.

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