HII acquires Hydroid for TS division

NEWPORT NEWS, Va. - Huntington Ingalls Industries (HII) announced Feb. 4 that it has entered into an agreement to acquire Hydroid Inc. a provider of advanced marine robotics to the defense and maritime markets, and a U.S.-based indirect subsidiary wholly owned by Kongsberg Maritime. HII and Kongsberg are also to establish a strategic alliance to jointly market naval and maritime products and services to the U.S. government and potential global markets. Hydroid, based in Pocasset, Mass., will become part of HII’s Technical Solutions division. (Source: HII 02/04/20) Among the TS division units is one in Panama City, Fla. https://newsroom.huntingtoningalls.com/releases/huntington-ingalls-industries-to-acquire-hydroid-and-establish-strategic-alliance-with-kongsberg-maritime