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HII Dedicates 22nd Habitat for Humanity Home Sponsored by Newport News Shipbuilding

HII’s (NYSE: HII) Newport News Shipbuilding division joined elected officials and community leaders Friday, March 21, 2025 to dedicate the 22nd Habitat for Humanity home sponsored by the shipyard since 2002.

Shipyard volunteers joined forces with Habitat for Humanity Peninsula and Greater Williamsburg to build the house.

NNS dedicated the build of the home in the memory of Jim Cochran, a retired shipbuilder who dedicated more than 40 years to the shipyard and was a longtime Habitat for Humanity volunteer.

The three-bedroom, 1,200-square-foot home is located in the Southeast community of Newport News on land donated by the Newport News Redevelopment and Housing Authority.

“It is exciting to see a house come to life and celebrate the family who will make it a home,” said Shauntrice Williams, CEO of Habitat for Humanity Peninsula and Greater Williamsburg. “Through the unwavering support of Newport News Shipbuilding, this partnership continues to change lives right here in our community.”

The homebuyer, Chaneka, will purchase the home from Habitat with a 30-year, no-interest mortgage, which illustrates Habitat’s objective to give families a “hand up” rather than a “hand out.” The payments will cycle back into the community so more homes can be built for qualifying families.