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With Navy Interest, HII Sees Acquisition As Entree Into UUV Market

With Navy Interest, HII Sees Acquisition As Entree Into UUV Market
HII’s Proteus undersea vehicle for manned and unmanned operations. Photo: The Columbia Group

Shipbuilder Huntington Ingalls Industries [HII] hopes to parlay an acquisition last week of a small business that designs, develops and manufactures unmanned undersea craft into a new growth channel, a company executive said this week.“We’re always looking at when’s the right time to get in because we believe the business is very complementary to the services we already provide to our primary customer, the Navy, and in fact the Navy has had a lot of press with UUVs (unmanned underwater…

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