Huntington Ingalls Industries Announces Successful Completion of Offering of 0.670% Senior Notes Due 2023 and 2.043% Senior Notes Due 2028

NEWPORT NEWS, Va., (Aug. 16, 2021) — Huntington Ingalls Industries, Inc. (NYSE: HII) (“HII” or the “Company”) announced today that it has completed its previously announced offering of $400 million in aggregate principal amount of its 0.670% Senior Notes due 2023 (the “2023 Notes”) and $600 million in aggregate principal amount of its 2.043% Senior Notes due 2028 (the “2028 Notes,” and together with the 2023 Notes, the “Notes”). The Company expects to use the net proceeds from the offering, together with borrowings under its term loan credit facility, to fund the purchase price for the previously announced acquisition (the “Alion Acquisition”) of Alion Science and Technology (“Alion”).

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