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Petters Touts HII’s Position In Emerging Unmanned Space; Strong Growth Forecast

Cal Biesecker By
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Petters Touts HII’s Position In Emerging Unmanned Space; Strong Growth Forecast
Remus 600 medium unmanned underwater vehicle being carried on stern of a small patrol craft. (Photo: Hydroid Inc., now a division of HII)

The pending acquisition of a developer and manufacture of small, medium and large unmanned underwater vehicles (UUVs) coupled with existing capabilities in extra-large UUVs has Huntington Ingalls Industries [HII] well positioned to further improve technology in this space and grow the business, HII’s top executive said on Thursday. HII last week announced an agreement to acquire Hydroid Inc., which manufactures the Remus line of small, medium and large autonomous UUVs for various customers, including the U.S. Navy. That deal, which…

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