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Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: Joe Fernandes - Investor Relations Jerri Fuller Dickseski - Media
(757) 688-6400 (757) 380-2341
[email protected] [email protected]
NEWPORT NEWS SHIPBUILDING APPOINTS
IRWIN F. EDENZON AND STEPHEN C. HASSELL
TO VICE PRESIDENT POSITIONS
NEWPORT NEWS, Va., December 13, 2000 - Newport News Shipbuilding
(NYSE: NNS) announced today the appointments of Irwin F. Edenzon and Stephen C.
Hassell to positions of Vice President. Edenzon will serve as Vice President,
Technology Development and Carrier Fleet Support. Hassell is appointed to Vice
President and Chief Information Officer. The appointments are effective
immediately. Both Edenzon and Hassell report to NNS Executive Vice President and
COO Tom Schievelbein.
"These appointments are a reflection of the company's strategic focus on
both technology development and information management," said Schievelbein. "The
increasing emphasis on technology insertion in both new and existing ship
programs as well as the need for efficient and effective information systems to
both support that development and our overall business processes is key to our
future."
In his new position, Edenzon's scope of responsibilities includes
technology development of aircraft carriers and submarines and support of
in-service carriers. He is also responsible for the management of the Virginia
Advance Shipbuilding and Carrier Integration Center, scheduled for opening in
downtown Newport News, Va, in mid-2001.
Edenzon joined NNS in 1997 as Director, International and Military Business
Development. He served as Program Director for Future Carriers for approximately
two years until being named Director, Technology Development and Carrier Fleet
Support in
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NEW APPOINTMENTS--2
October, 2000. Prior to joining NNS, Edenzon worked in various capacities for
Textron Marine & Land Systems, Sperry Marine and Perry Offshore, Inc. He has a
bachelor's degree from Rutgers University and a MBA from Florida Atlantic
University.
As Vice President and Chief Information Officer, Hassell is responsible for
all aspects of information technology systems to include the Shared Data
Environment, network infrastructure and data center operations.
Hassell joined NNS in 1995 as Manager, Strategic Planning. Before being
appointed to the position of CIO in 1998, he served as Director, Process
Innovation. He served seven years as a U.S. Navy officer prior to joining NNS.
Hassell earned a bachelor's degree in computer science from the United
States Naval Academy and a MBA from the J.L. Kellogg School of Graduate
Management at Northwestern University.
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 nearly 17,000 people and has annual
revenues of approximately $2 billion. Visit NNS on the Web at www.nns.com.
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