NEWPORT NEWS SHIPBUILDING INC
8-K, 1999-06-24
SHIP & BOAT BUILDING & REPAIRING
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15 (d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported):
                                  June 24, 1999


                         NEWPORT NEWS SHIPBUILDING INC.
             (Exact name of registrant as specified in its charter)




    Delaware                       1-12385                      74-1541566
(State or other jurisdiction      (Commission                (I.R.S. Employer
    of incorporation)              File Number)            Identification No.)


                 4101 Washington Avenue, Newport News, VA 23607
             (Address of principal executive offices)      (zip code)


                                 (757) 380-2000
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)

<PAGE>

Item 5. Other Events

        The information contained in the Company's Release of June 24, 1999, set
forth as Exhibit 99.1 to this Current Report on Form 8-K, is hereby incorporated
into this Item 5 by reference.


Item 7. Financial Statements and Exhibits

(c)  Exhibits

         Exhibit 99.1         Press Release

                                        2
<PAGE>


                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                           NEWPORT NEWS SHIPBUILDING INC.



Date:  June 24, 1999               By:    /s/ Peter A.V. Huegel
                                          ---------------------------------
                                   Name:  Peter A.V. Huegel
                                   Title: Assistant Secretary

<PAGE>

                                  Exhibit Index

Exhibit No.          Description of Exhibit           Sequential Page
                                                          Number

Exhibit 99.1         Press Release                          5






FOR IMMEDIATE RELEASE                            CONTACT: Jerri Fuller Dickseski
                                                            (757) 380-2341



                   NEWPORT NEWS SHIPBUILDING ANNOUNCES CHANGE
                      FOR 1999 ANNUAL SHAREHOLDERS MEETING


         NEWPORT NEWS, Va. June 24, 1999 - Newport News Shipbuilding (NYSE:NNS)
announced today that, upon convening its 1999 Annual Shareholders Meeting, to be
held on Friday, June 25, 1999, at The Jefferson Hotel, Franklin and Adams
Streets, Richmond, Virginia, beginning at 10:00 a.m., it intends to adjourn the
meeting in order to reconvene at 11:00 a.m. at Riverfront Plaza, East Tower, 951
Byrd Street (20th floor), Richmond, Virginia.

         This change was the result of The Jefferson Hotel management's decision
to cancel its contract with NNS for the meeting facilities out of concern for
the safety and convenience of its hotel patrons due to the picketing and
demonstrations planned outside the hotel by the United Steelworkers of America
during Newport News Shipbuilding's Annual Meeting.

         The Shareholders Meeting is open to all NNS shareholders of record as
of May 11, 1999.

         Newport News Shipbuilding designs and constructs nuclear-powered
aircraft carriers and submarines for the U.S. Navy and provides life-cycle
services for ships in the Navy fleet. The company employs 18,000 people and has
annual revenues of approximately $1.8 billion. Visit NNS on the Web at
www.nns.com.


                                       ###






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