STOCK TITAN

HII is Awarded $75 Million Contract to Support U.S. Navy Integrated Training Systems

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

HII's Mission Technologies division has been awarded a $75 million task order by the U.S. Navy Naval Surface Warfare Center Dahlgren Division Dam Neck Activity. The contract is for systems engineering support for integrated training systems used onboard ships to enhance combat preparedness for sailors.

The HII team will create interfaces between live, virtual and constructive (LVC) networks and combat systems like the Aegis integrated naval weapons system. This will enable sailors to train at their shipboard weapons systems console, replicating combat situations whether the ship is underway or pierside. The team will also conduct modeling and simulation to support testing and readiness exercise performance and assessment.

The work will be performed in Virginia Beach, Va., building on HII's two decades of similar work for the U.S. Navy. This modern approach to military training aims to deliver a strategic advantage for the nation.

Loading...
Loading translation...

Positive

  • Secured a $75 million contract with the U.S. Navy
  • Continues a 20-year relationship with the U.S. Navy
  • Expands HII's presence in military training systems

Negative

  • None.

News Market Reaction 1 Alert

+0.07% News Effect

On the day this news was published, HII gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $75 million task order to provide systems engineering support for integrated training systems used onboard ships to enhance combat preparedness for sailors.

Under the Integrated Training Systems—Systems Engineering task order, administered by the U.S. Navy Naval Surface Warfare Center Dahlgren Division Dam Neck Activity, the HII team will create interfaces between live, virtual and constructive (LVC) networks and combat systems like the Aegis integrated naval weapons system, enabling sailors to train while at their shipboard weapons systems console. The team will also conduct modeling and simulation in support of testing and readiness exercise performance and assessment.

“Whether a ship is underway or pierside, sailors will be able to train, replicating exactly what they would see and encounter in a combat situation,” said Andy Green, executive vice president of HII and president of Mission Technologies. “We look forward to continuing this important work for the Navy, ensuring our sailors are mission ready for any challenge they may face.”

HII has performed similar work for the U.S. Navy for two decades. The work will be done in Virginia Beach, Va.

Through HII’s training capabilities, customers can connect live environments with virtual platforms and simulated (constructive) threats to prepare trainees via integrated, real-world scenarios before they’re ever in harm’s way. The result is a modern approach to U.S. military training that delivers the advantage for the nation.

About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s 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’s 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’s workforce is 44,000 strong. For more information, visit:

Contact:
Greg McCarthy
(202) 264-7126
gregory.j.mccarthy@hii-co.com   


FAQ

What is the value of the contract HII (NYSE: HII) was awarded for U.S. Navy training systems?

HII was awarded a $75 million task order to provide systems engineering support for integrated training systems used onboard U.S. Navy ships.

What specific services will HII provide under the new U.S. Navy contract?

HII will create interfaces between live, virtual and constructive networks and combat systems, enabling sailors to train at their shipboard weapons systems console. They will also conduct modeling and simulation for testing and readiness exercise assessment.

Where will HII perform the work for the U.S. Navy integrated training systems contract?

The work for the U.S. Navy integrated training systems contract will be performed in Virginia Beach, Virginia.

How long has HII been providing similar services to the U.S. Navy?

HII has been performing similar work for the U.S. Navy for two decades.
Huntington Ingalls Inds Inc

NYSE:HII

HII Rankings

HII Latest News

HII Latest SEC Filings

HII Stock Data

13.72B
38.93M
0.66%
98.31%
4.11%
Aerospace & Defense
Ship & Boat Building & Repairing
Link
United States
NEWPORT NEWS