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HII is Awarded a Task Order to Support U.S. Air Force Sustainment of Special-Purpose Aircraft for VIP Transportation

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HII's Mission Technologies division has been awarded a task order valued at over $30 million to support the U.S. Air Force's efforts to recapitalize and sustain its fleet of presidential and executive aircraft. The contract, administered by the U.S Air Force Life Cycle Management Center's Presidential and Executive Airpower Directorate, will involve HII's team in Dayton, Ohio, performing tasks to enhance the reliability and supportability of VIP transport aircraft.

HII will analyze critical aircraft systems and inform equipment improvements for presidential and executive airpower sustainment. The task order was awarded under the Department of Defense's Information Analysis Center (IAC) Multiple Award Contract (MAC) vehicle, with most of the work to be performed at Wright-Patterson Air Force Base in Ohio.

La divisione Mission Technologies di HII ha ricevuto un ordine di incarico del valore di oltre 30 milioni di dollari per supportare gli sforzi dell'Aeronautica Militare degli Stati Uniti nel ricapitalizzare e sostenere la sua flotta di aerei presidenziali ed esecutivi. Il contratto, gestito dalla Direzione Presidenziale e Esecutiva dell'Aeronautica Militare degli Stati Uniti, coinvolgerà il team di HII a Dayton, Ohio, nell'esecuzione di compiti per migliorare l'affidabilità e la supportabilità degli aerei da trasporto VIP.

HII analizzerà i sistemi critici degli aerei e fornirà miglioramenti alle attrezzature per il mantenimento della potenza aerea presidenziale ed esecutiva. L'ordine di incarico è stato assegnato nell'ambito del contratto di multiple award (MAC) del Centro di Analisi delle Informazioni del Dipartimento della Difesa (IAC), con la maggior parte del lavoro che sarà effettuato presso la base aerea Wright-Patterson in Ohio.

La división de Tecnologías de Misión de HII ha recibido un pedido de tarea valorado en más de 30 millones de dólares para apoyar los esfuerzos de la Fuerza Aérea de los Estados Unidos en la recapitalización y el sostenimiento de su flota de aeronaves presidenciales y ejecutivas. El contrato, administrado por la Dirección de Poder Aéreo Presidencial y Ejecutivo del Centro de Gestión del Ciclo de Vida de la Fuerza Aérea de EE. UU., involucrará al equipo de HII en Dayton, Ohio, en la realización de tareas para mejorar la confiabilidad y la capacidad de soporte de las aeronaves de transporte VIP.

HII analizará sistemas críticos de aeronaves e informará mejoras de equipos para el sostenimiento del poder aéreo presidencial y ejecutivo. El pedido de tarea fue otorgado bajo el contrato de múltiples adjudicaciones (MAC) del Centro de Análisis de Información del Departamento de Defensa (IAC), con la mayoría del trabajo que se realizará en la Base de la Fuerza Aérea Wright-Patterson en Ohio.

HII의 미션 기술 부문은 3천만 달러 이상의 가치가 있는 업무 명령을 수주했습니다. 이는 미국 공군의 대통령 및 경무용 항공기 함대를 재편성하고 유지하는 노력을 지원하기 위한 것입니다. 이 계약은 미국 공군 생애 주기 관리 센터의 대통령 및 경무용 항공력 국에 의해 관리되며, 오하이오주 데이턴에 있는 HII 팀이 VIP 수송 항공기의 신뢰성과 지원성을 향상시키는 업무를 수행하게 됩니다.

HII는 항공기의 주요 시스템을 분석하고, 대통령 및 경무용 항공력 유지를 위한 장비 개선 사항을 알려줄 것입니다. 이 업무 명령은 국방부의 정보 분석 센터(IAC) 다수 계약(MAC) 차량 하에 수여되었으며, 대부분의 작업은 오하이오주 라이트-패터슨 공군 기지에서 수행될 것입니다.

La division Technologies de Mission de HII a été pour soutenir les efforts de l'US Air Force dans la recapitalisation et le maintien de sa flotte d'avions présidentiels et exécutifs. Le contrat, géré par la Direction de la Puissance Aérienne Présientielle et Exécutive du Centre de Gestion du Cycle de Vie de l'US Air Force, impliquera l'équipe de HII à Dayton, Ohio, dans des tâches visant à .

HII analysera les systèmes critiques des aéronefs et informera des améliorations d'équipement pour le maintien de la puissance aérienne présidentielle et exécutive. L'ordre de mission a été attribué dans le cadre du contrat à multiples attributaires (MAC) du Centre d'Analyse de l'Information du Département de la Défense (IAC), la plupart des travaux étant effectués à la base aérienne Wright-Patterson dans l'Ohio.

Die Mission Technologies-Abteilung von HII hat einen Auftragswert von über 30 Millionen US-Dollar erhalten, um die Bemühungen der U.S. Air Force zur Rekapitalisierung und Instandhaltung ihrer Flotte von Präsidentschafts- und Geschäftsflugzeugen zu unterstützen. Der Vertrag, der von der Präsidential- und Exekutive Luftfahrtdirektion des U.S. Air Force Life Cycle Management Centers verwaltet wird, wird das Team von HII in Dayton, Ohio, einbeziehen, um die Zuverlässigkeit und Unterstützung von VIP-Transportflugzeugen zu verbessern.

HII wird kritische Flugzeugsysteme analysieren und Ausrüstungsverbesserungen zur Erhaltung der Präsidentschafts- und Exekutivluftfahrt empfehlen. Der Auftragswert wurde im Rahmen des Multiple Award Contract (MAC) des Informationsanalysencenters (IAC) des Verteidigungsministeriums vergeben, wobei der Großteil der Arbeit auf der Wright-Patterson Air Force Base in Ohio durchgeführt wird.

Positive
  • Secured a task order valued at over $30 million
  • Expanding presence in the defense sector, specifically in aircraft sustainment
  • Continuation of a long-standing relationship with the U.S. Air Force
  • Contract supports high-profile VIP transport aircraft, including Air Force One
Negative
  • None.

Insights

HII's $30 million contract win for Air Force VIP aircraft sustainment is a positive development for the company. While the contract value is relatively modest compared to HII's annual revenue ($10.7 billion in 2022), it strengthens HII's position in the high-value defense services sector. The task order demonstrates HII's ability to secure contracts in specialized areas, potentially leading to future opportunities and revenue growth. However, investors should note that this contract alone is unlikely to significantly impact HII's overall financial performance. The long-term value lies in the potential for follow-on contracts and expanded work in this niche market.

This contract highlights the critical nature of VIP aircraft sustainment for the U.S. Air Force. The focus on recapitalization and enhancing reliability of presidential and executive aircraft underscores the aging fleet issue facing military aviation. HII's role in analyzing critical systems and informing equipment improvements is important for extending the lifespan of these specialized aircraft. The involvement of HII's Cyber, Electronic Warfare and Space business unit suggests potential technological upgrades beyond mere maintenance. This could lead to innovative solutions in areas like secure communications and defensive systems for VIP transport, positioning HII at the forefront of this specialized field.

The award of this task order to HII under the IAC MAC vehicle is significant. It demonstrates HII's strong positioning within the defense contracting ecosystem and its ability to leverage existing contract vehicles. The mention of a 20-year relationship with the customer suggests HII has built substantial expertise and trust in this niche area. This contract, while focused on sustainment, also involves knowledge creation and research, potentially leading to intellectual property development. The work's location at Wright-Patterson AFB, a major hub for Air Force research and procurement, could provide HII with additional strategic advantages and exposure to future opportunities in defense aviation technology.

MCLEAN, Va., Aug. 15, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a task order to support the U.S. Air Force’s efforts to recapitalize and sustain its fleet of presidential and executive aircraft. The contract is valued at over $30 million.

An HII team in Dayton, Ohio, will perform a broad set of tasks to enhance the reliability and supportability of aircraft and aircraft systems under the contract, which will be administered by the U.S Air Force Life Cycle Management Center’s Presidential and Executive Airpower Directorate. The directorate is responsible for planning and executing all life-cycle activities related to the recapitalization of Air Force One and E-4B aircraft, and sustainment of the current Air Force One, E-4B, C-12, C-32, C-37, and C-40 aircraft.

“Our customer has an important mission to increase the reliability of the special-purpose aircraft used for VIP transport,” said Grant Hagen, president of Mission Technologies’ Cyber, Electronic Warfare and Space (CEWS) business unit. “We welcome and appreciate the opportunity to support the sustainment of these aircraft throughout their lifecycle.”

HII, in collaboration with the Presidential and Executive Airpower Directorate, will analyze critical aircraft systems and inform equipment improvements to sustain presidential and executive airpower.

AF One

A photo accompanying this release is available at: https://hii.com/news/hii-is-awarded-a-task-order-to-support-u-s-air-force-sustainment-of-special-purpose-aircraft-for-vip-transportation/.

“The Air Force’s decision validates the customer’s confidence in the work we’ve performed in this space for the last two decades and what we’ve been able to accomplish,” said Eric Wright, vice president of CEWS operations. “We look forward to building on that relationship as the work scope changes and the mission evolves.”

HII was awarded the task order under the Department of Defense’s Information Analysis Center (IAC) Multiple Award Contract (MAC) vehicle. IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center repository and the research and development and science and technology community.

Most of the work will be performed out of the program office at Wright-Patterson Air Force Base in Ohio.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science and technology and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader science and technology community.

This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA807518D0002.

Approved for Public Release, Distribution Unlimited. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the DoD.

Contact:

Greg McCarthy
(202) 264-7126
gregory.j.mccarthy@hii-co.com  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e9b8c00-d590-4ccb-8860-6607cfd25c2e


FAQ

What is the value of the task order awarded to HII (NYSE: HII) for U.S. Air Force aircraft sustainment?

The task order awarded to HII is valued at over $30 million.

What types of aircraft will HII (NYSE: HII) be supporting under this contract?

HII will be supporting the sustainment of Air Force One, E-4B, C-12, C-32, C-37, and C-40 aircraft used for presidential and executive transportation.

Where will HII (NYSE: HII) perform most of the work for this U.S. Air Force contract?

Most of the work will be performed at Wright-Patterson Air Force Base in Ohio.

What is the main objective of HII's (NYSE: HII) task order for the U.S. Air Force?

The main objective is to enhance the reliability and supportability of special-purpose aircraft used for VIP transportation throughout their lifecycle.

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