:

Business/Financial

Huntington Ingalls Adds To Autonomous Capabilities With Investment In Sea Machines

By Cal Biesecker

Wednesday, July 22nd, 2020

SHARE:

Huntington Ingalls Adds To Autonomous Capabilities With Investment In Sea Machines

Sea Machines' SM300 vessel intelligence system. Photo: Sea Machines

Huntington Ingalls Industries [HII] on Wednesday said it has made another investment in unmanned systems by partnering and making a strategic equity investment in Sea Machines, which develops software for unmanned surface vehicles (USVs), a deal that gives the shipbuilder immediate access to the advanced technology. Sea Machines, which is based in Boston, said it raised $15 million in a new financing round that included “significant participation” by HII. “This investment represents our commitment to advanced innovation and competencies across…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]