HII-TS buys Marine robotics firm

NEWPORT NEWS, Va. - Huntington Ingalls Industries (HII) announced March 26 it had closed on the purchase of Hydroid Inc., a Massachusetts-based provider of advanced marine robotics for defense and maritime markets. The acquisition expands HII’s capabilities in the autonomous and unmanned maritime systems market. Hydroid will become part of HII’s Technical Solutions (TS) Unmanned Systems business unit that now includes unmanned underwater vehicles (UUV) such as the Orca extra-large UUV that is produced in partnership with Boeing as well as Proteus, a large, dual-mode UUV operated out of Panama City, Fla. With the addition of Hydroid, HII now has capabilities in the medium and small UUV space from the REMUS and Seaglider autonomous underwater vehicles (AUV) or marine robots. (Source: Global News Wire 03/26/20) HII has a Technical Solutions unit in Panama City. https://finance.yahoo.com/news/huntington-ingalls-industries-closes-acquisition-200510059.html