Tag Archives: Mary White

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

hii-completes-350m-buy-of-kongsberg-maritimes-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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Huntington Ingalls Subsidiary to Update Navy Amphibious Command Ships

A Huntington Ingalls Industries (NYSE: HII) company has won three contracts worth $96.8 million combined to modernize the U.S. Navy’s amphibious command ships and to perform support services. AMSEC LLC will work to package materials for the Naval Sea Systems Command’s USS Blue Ridge and USS Mount Whitney and develop plans for shipchecks, drawings, …

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