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HII Strikes $350M Deal for Kongsberg Maritime’s Hydroid Subsidiary; Mike Petters QuotedM&A Activity

HII Strikes $350M Deal for Kongsberg Maritime’s Hydroid Subsidiary; Mike Petters Quoted

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M…
L3Harris to Provide Unmanned Vehicle for Navy Expeditionary Undersea Mission; Daryl Slocum QuotedContract Awards

L3Harris to Provide Unmanned Vehicle for Navy Expeditionary Undersea Mission; Daryl Slocum Quoted

The Defense Innovation Unit and the U.S. Navy have selected L3Harris Technologies (NYSE:LHX) to build and test an underwater drone…
Navy Eyes Fiscal 2020 RFP Release for UUV Dev’t EffortsNews

Navy Eyes Fiscal 2020 RFP Release for UUV Dev’t Efforts

The U.S. Navy plans to issue a request for proposals for a large displacement unmanned underwater vehicle and a draft…
Hydroid Secures $84M Navy UUV Engineering, Training Support IDIQContract Awards

Hydroid Secures $84M Navy UUV Engineering, Training Support IDIQ

Hydroid has secured a potential five-year, $84M contract from the U.S. Navy to engineer and provide training services for a…
BAE Acquires Riptide Autonomous Solutions; Terry Crimmins QuotedM&A Activity

BAE Acquires Riptide Autonomous Solutions; Terry Crimmins Quoted

BAE Systems’ U.S. subsidiary has completed its purchase of Plymouth, Mass.-based unmanned underwater vehicle provider Riptide Autonomous Solutions for an…
Serco Inc. Strikes $225M Deal for Alion’s Naval Business; Dave Dacquino, Craig Reed QuotedM&A Activity

Serco Inc. Strikes $225M Deal for Alion’s Naval Business; Dave Dacquino, Craig Reed Quoted

Serco Group’s North American subsidiary has agreed to acquire the naval systems business unit of Alion Science and Technology for
McAleese & Associates: FY 2020 Navy, Marine Corps Budget Request Totals $206BFinancial Report

McAleese & Associates: FY 2020 Navy, Marine Corps Budget Request Totals $206B

A report by consulting firm McAleese & Associates says the Navy and the Marine Corps requested a total budget of $206B for
General Atomics to Deliver Prototype Li-ion Battery for Navy Snakehead UUVPress Releases

General Atomics to Deliver Prototype Li-ion Battery for Navy Snakehead UUV

TYSONS CORNER, VA, February 6, 2019 — A General Atomics business unit will develop and test a Lithium-ion battery system
Alion Secures Spot on Potential $794M Navy UUV Development ContractPress Releases

Alion Secures Spot on Potential $794M Navy UUV Development Contract

TYSONS CORNER, VA, October 19, 2018 — The U.S. Navy has awarded Alion Science and Technology a spot on a
23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQContract Awards

23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and