{"id":789655,"date":"2023-10-11T12:27:01","date_gmt":"2023-10-11T16:27:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-347-million-u-s-navy-lionfish-small-uuv-contract\/"},"modified":"2023-10-11T12:27:01","modified_gmt":"2023-10-11T16:27:01","slug":"hii-is-awarded-347-million-u-s-navy-lionfish-small-uuv-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-347-million-u-s-navy-lionfish-small-uuv-contract\/","title":{"rendered":"HII is Awarded $347 Million U.S. Navy Lionfish Small UUV Contract"},"content":{"rendered":"<h2>\nContract includes initial build of nine UUVs with potential for up to 200<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>MCLEAN, Va., Oct.  11, 2023  (GLOBE NEWSWIRE) &#8212; 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\u2019s 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.<\/p>\n<p>The Lionfish System, based on HII&#8217;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&#8217;s official program of record for the next-generation SUUV.<\/p>\n<p>Administered by Naval Sea Systems Command, this contract provides for the delivery and support of the Navy\u2019s next generation SUUVs, as well as afloat and auxiliary support equipment and engineering services. The vehicles, incorporating the latest in autonomous and unmanned technology, will conduct critical undersea missions for the Navy.<\/p>\n<p>\u201cLionfish provides increased capability and interoperability that aligns with the Navy\u2019s undersea priorities, and we look forward to delivering next-generation vehicles that can readily adapt to and support a variety of mission needs,\u201d said Andy Green, executive vice president of HII and president of Mission Technologies.<\/p>\n<p>\n        \n      <\/p>\n<p>Photos accompanying this release are available at: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fhE79KlV_feVRUP6iYsIXEu5Ef4quUmYXHtpH9LnlqJ-NO4j01Vpe-XxuHMB_CYiMjJt5qTfXvxcO83egwm1NBKDWaj1Tx0j5f3FbgehWTHTq_GRuS1WWuOug0CxS9wanenGSGYo8vF5izvv1JOxMYNY8JPJ3pHbjYr3DykGgKUS9M6IW0FTbGTPaVjkEbirmAh0tiE3KyrBCfXOvVW91HoteXNPAHf8qg0gA8dXVtXOihe0qB1IcJ7FfH9gPuD6quhf3HNZGFgmmfS2MYlgng==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/hii.com\/news\/hii-navy-lionfish-small-unmanned-undersea-vehicle-contract-2023\/<\/a>.<\/p>\n<p>\u201cWe are pleased with the Navy\u2019s decision to support a combat-proven technology, essential to the Navy\u2019s undersea mission,\u201d said Duane Fotheringham, president of Mission Technologies\u2019 Unmanned Systems business group. \u201cOur team is committed to delivering fully capable vehicles that will enhance the effectiveness of the warfighter against emerging threats.\u201d<\/p>\n<p>The Lionfish System was developed through an innovative process with the Department of Defense\u2019s Defense Innovation Unit and the Navy that incorporated feedback from multiple user groups to uniquely meet the needs of the warfighters.<\/p>\n<p>HII is the largest producer of unmanned undersea vehicles (UUV) worldwide. Serving customers in more than 30 countries, HII provides design, autonomy, manufacturing, testing, operations and sustainment of unmanned systems, including UUVs and unmanned surface vessels (USV).<\/p>\n<p>\n        <strong>About HII<\/strong>\n      <\/p>\n<p>HII is a global, all-domain defense provider. HII\u2019s mission is to deliver the world\u2019s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation\u2019s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI\/ML and synthetic training. Headquartered in Virginia, HII\u2019s workforce is 43,000 strong. For more information, visit:<\/p>\n<ul type=\"disc\">\n<li>HII on the web: <a href=\"https:\/\/www.hii.com\/\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.HII.com\/<\/a><\/li>\n<li>HII on Facebook: <a href=\"https:\/\/www.facebook.com\/TeamHII\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.facebook.com\/TeamHII<\/a><\/li>\n<li>HII on Twitter: <a href=\"https:\/\/www.twitter.com\/wearehii\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.twitter.com\/WeAreHII<\/a><\/li>\n<li>HII on Instagram: <a href=\"https:\/\/www.instagram.com\/WeAreHII\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.instagram.com\/WeAreHII<\/a><\/li>\n<\/ul>\n<p>Contact:<\/p>\n<p>Greg McCarthy<br \/>(202) 264-7126<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GWsHon6SzHHmuh_j1_v6-AQS-cSqdlWbx4gfglBgoQSHtET_3mW_6uUh9dVvIFKa-cSvnPoRx0tjgmuwfzcM_Up2FmOioozKFBR-q9jIjHLrv1kOglunrCGRJr3VcodZ\" rel=\"nofollow noopener\" target=\"_blank\">gregory.j.mccarthy@hii-co.com<\/a>\u00a0<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fhE79KlV_feVRUP6iYsIXMoOezC8T-Ss33GD-VpxQ55R21igQjKYVrMpx7YunmLeAcHw-wI08oKtRKB92PBUiQRK_Y4VatNjjEYGcRhnKWNK3Q8qAKoX78mepYRVMU5EfxVlaX_s4WelI3lf9u8ue5Rq-QH6Sq-x37ABL1rvi9DUtzNGubHmHhEzdxfwIKsqCj44fT0dchR0ujV-pAUh9tOtkQAxlaugM8ihExobHX9oRqY-TVKfsWcl5gPTw-E0rqYFjTxXQQVZVuHs71jazQ==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/fb47b63d-f55f-4fb0-ba3e-d17465eb0e7a<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0NzU2NyM1ODY4MjIwIzIwMTA4ODQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NGJjYWNhZDctYzI3OC00Nzk4LWJiNDAtMzk4YWE5YmZmMGNmLTEwMjI0NTc=\/tiny\/HII.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Contract includes initial build of nine UUVs with potential for up to 200 MCLEAN, Va., Oct. 11, 2023 (GLOBE NEWSWIRE) &#8212; 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\u2019s 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&#8217;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&#8217;s official program of record for the next-generation SUUV. Administered by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-347-million-u-s-navy-lionfish-small-uuv-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HII is Awarded $347 Million U.S. Navy Lionfish Small UUV Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-789655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HII is Awarded $347 Million U.S. Navy Lionfish Small UUV Contract - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hii-is-awarded-347-million-u-s-navy-lionfish-small-uuv-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HII is Awarded $347 Million U.S. Navy Lionfish Small UUV Contract - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Contract includes initial build of nine UUVs with potential for up to 200 MCLEAN, Va., Oct. 11, 2023 (GLOBE NEWSWIRE) &#8212; 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\u2019s 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&#8217;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&#8217;s official program of record for the next-generation SUUV. 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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&#8217;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&#8217;s official program of record for the next-generation SUUV. 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