NEWPORT NEWS, Va., March 7, 2000 – Newport News Shipbuilding (NYSE:NNS) announced that it has been awarded a contract for ship repair work for the MV/PFC William Baugh, a Military Sealift Command (MSC) pre-positioning ship chartered through Maersk Lines. Terms of the contract have not been disclosed. Work to be performed on the ship includes hull blasting and painting; underwater equipment survey; tank blasting and painting; overhaul of deck cranes; survey and repair of main propulsion equipment; repair of machinery components; cargo equipment refurbishment; and deck equipment survey and repair. The ship is 755 feet long with a beam of 90 feet.

Baugh arrived at Newport News Shipbuilding March 6 and will remain at the company for approximately a month and is scheduled to be redelivered April 4. Maersk has also received authority to award Newport News Shipbuilding similar work on two additional ships, M/V Phillips and M/V Anderson, given performance on the Baugh.

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 17,300 people and has annual revenues of approximately $1.8 billion. Visit NNS on the Web at www.nns.com.

Newport News Shipbuilding designs and constructs nuclear powered aircraft carriers and submarines for the U.S. Navy and provides lifecycle maintenance services for ships in the Navy fleet.  The Company employs 17,300 people, and has annual revenues of approximately $1.9 billion