2022-10-11 | NYSE:HII | Press release

NEWPORT NEWS, Va., Oct. 11, 2022 (GLOBE NEWSWIRE) — HII’s (NYSE:HII) Newport News Shipbuilding Division joined elected officials and community leaders today to dedicate two homes that volunteers of the shipyard will build weeks in the coming years in partnership with Habitat for Humanity Peninsula and Greater Williamsburg while using new technologies.

The groundbreaking marks the first time that NNS has sponsored two homes at once, and the 20th and 21st to be sponsored by the shipyard since 2002. It is also the first time that NNS-sponsored homes have been built in part by the Habitat for Humanity build partner, Alquist’s 3D printing technology. NNS is familiar with 3D printing technology, or additive manufacturing, and uses it to support both aircraft carrier and submarine production. These will be the first Habitat for Humanity homes built in the town of Newport News using 3D printing technology and are only the third and fourth Habitat for Humanity homes in the country built using 3D printing technology. BayPort Credit Union is also a partner in the 20th House.

The photos accompanying this press release are available at: https://hii.com/news/newport-news-shipbuilding-habitat-for-humanity-2022.

In keeping with shipbuilding heritage, NNS designates a “sponsor” for each house. NNS Shipbuilding President Jennifer Boykin, the 20th Shipyard President, is fittingly the patron of the 20th house, while Dave Bolcar, NNS Vice President of Engineering and Design, is the patron of the 21st house.

“Where we currently see vacant land, there will be not one, but two high-quality homes, demonstrating the craftsmanship for which Habitat for Humanity and our shipbuilders are known. These homes will energize this neighborhood as we do our efforts to revitalize the entire Southeast community,” Boykin said. “Building two houses at once allows volunteers to take the knowledge learned from the first and apply it to the second. We experience this momentum as we build our nation’s nuclear-powered aircraft carriers and submarines in series, applying lessons learned to continuously improve.”

Using 3D printing technology, which NNS engineers will bring their expertise to during construction, and building two houses at once will increase efficiency and build the houses faster, much like the shipbuilders build ships.

The three-bedroom, 1,200-square-foot homes are being built in the southeast community of Newport News on land donated by the Newport News Redevelopment & Housing Authority.

“It’s amazing that a company like HII is not only providing financial support, but actually helping to build two homes at once,” said Janet V. Green, CEO of Habitat for Humanity Peninsula and Greater Williamsburg. . “Habitat is so fortunate to have such a caring and committed partner for this historic project and in our community.”

Tuesday’s groundbreaking also featured remarks from LaShand Coleman, a current Habitat for Humanity owner and NNS shipbuilder. Coleman owns the 13e house that NNS sponsored and the shipbuilders helped build.

The family selection process for Houses 20 and 21 is underway. Homebuyers will be required to maintain steady employment, good credit and provide 400 hours of “sweat equity” to help build their home. Once construction is complete, families will purchase the homes from Habitat with a 30-year interest-free mortgage, exemplifying Habitat’s goal of giving families a “helping hand” rather than a ” distribution”.” Payments will be funneled back into the community so more homes can be built for eligible families.

Habitat for Humanity Peninsula and Greater Williamsburg is a non-profit organization serving the towns of Hampton, Newport News, Poquoson and Williamsburg and the counties of Charles City, James City, New Kent and York. For more information, visit www.HabitatPGW.org.

About HII

HII is a global all-round defense partner, building and delivering the world’s most powerful and resilient warships and technologies that protect our seas, skies, land, space and cyberspace.

As America’s largest shipbuilder and with more than 135 years of history promoting America’s national defense, we are united by our mission to serve the heroes who protect our freedom. HII’s diverse workforce includes skilled tradespeople; experts in artificial intelligence and machine learning (AI/ML); engineers; technologists; scientists; logistics experts; and business professionals. Based in Virginia, HII’s workforce numbers 44,000. For more information visit:

Contact:

Todd Corillo

[email protected]

(757) 688-3220

A photo accompanying this ad is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e4d52648-599e-492a-b5f9-11d256b2d92e



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