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home / articles / hii is awarded 347 million u s navy lionfish small u mwn benzinga


HII - HII is Awarded $347 Million U.S. Navy Lionfish Small UUV Contract | Benzinga

  • MCLEAN, Va., Oct. 11, 2023 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Mission Technologies division was awarded a contract to build nine small unmanned undersea vehicles (SUUV) for the U.S. Navy's Lionfish System program. The contract has the potential to grow to as many as 200 vehicles over the next five years with a total value of more than $347 million.

    The Lionfish System, based on HII's REMUS 300, is a highly portable, two-person SUUV with an open architecture design and versatile payload options. In early 2022, REMUS 300 was chosen as the Navy's official program of record for the next-generation SUUV.

    Administered by Naval Sea Systems Command, this contract provides for the delivery and support of the Navy's next generation SUUVs, as well as afloat and auxiliary support equipment and engineering services. The vehicles, incorporating the latest in autonomous and ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Huntington Ingalls Industries Inc.
    Stock Symbol: HII
    Market: NYSE
    Website: huntingtoningalls.com

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