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Tag Archives: huntington ingalls industries

HII Completes $350M Buy of Kongsberg Maritime’s Hydroid Subsidiary; Andy Green Quoted

Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M as part of efforts to expand its capabilities in the autonomous and unmanned maritime systems market. HII said Thursday it will operate Hydroid as part of unmanned systems business unit within its technical solutions division, which now includes capabilities in small and medium unmanned underwater vehicles with the addition of Hydroid’s Remus and Seaglider autonomous underwater vehicles.

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HII Promotes Julia Jones, Gary Fuller to VP Roles; Jennifer Boykin Quoted

Julia Jones, most recently director of operations integration at Huntington Ingalls Industries (NYSE: HII), has been named vice president of manufacturing and facilities within the company's Newport News Shipbuilding division. HII said Monday it also promoted Gary Fuller, former director of test engineering for the company's nuclear propulsion unit, as VP of fleet support programs at Newport News Shipbuilding.

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Andy Green: HII Adds to Maritime Tech Portfolio With Hydroid Deal, Kongsberg Partnership

TYSONS CORNER, VA, February 20, 2020 — Andy Green, president of the technical solutions division at Huntington Ingalls Industries (NYSE: HII), said that HII seeks to offer new technology with its planned acquisition of robotic systems manufacturer Hydroid and strategic alliance with the latter's parent company Kongsberg,  ExecutiveBiz reported Feb. 12.

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Titan to Buy HII’s San Diego Shipyard; Andy Green Quoted

Titan Acquisition Holdings has agreed to acquire Huntington Ingalls Industries’ (NYSE: HII) San Diego shipyard for an undisclosed sum in a move to expand its ship repair capabilities to better meet the needs of the U.S. Navy, U.S. Army and other defense customers. The transaction will give HII a minority stake in Titan and is expected to close in the second quarter of 2020, subject to customary closing conditions.

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Navy Eyes Next-Gen Frigate Design, Construction Contract Award in July

The U.S. Navy plans to award in July a contract to design and build its first next-generation frigate, Defense News reported Tuesday. The competitors for the FFG(X) program are Huntington Ingalls Industries (NYSE: HII); Austal USA; Fincantieri; and the team of General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary and Navantia.

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