HII Mission Technologies Unveils New REMUS 130 Unmanned Underwater Vehicle
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The introduction of the REMUS 130 unmanned underwater vehicle (UUV) by HII represents a significant advancement in the field of underwater technology, with potential implications for the defense sector. The REMUS 130's design, emphasizing modularity and open architecture, aligns with current defense procurement trends that favor systems with long service lives and flexible payload capabilities. This approach can lead to cost savings in the long run as it allows for easier upgrades and modifications, circumventing the need for complete system overhauls.
From a financial perspective, the development of the REMUS 130 using HII's internal funding indicates a strategic investment in product innovation, which could enhance the company's competitive edge and potentially increase its market share in the UUV segment. The ability of the REMUS 130 to perform a variety of missions, including mine countermeasures and search and rescue, broadens its appeal to both military and civilian markets, potentially leading to diversified revenue streams for HII.
The REMUS 130's extended battery life and operational depth capabilities are notable advancements in marine technology. Extended battery life is crucial for sustained underwater operations, particularly in remote or harsh environments where field battery changes can be challenging. The ability to operate at depths of up to 100 meters opens up a wide range of research and commercial applications, such as offshore oil and gas exploration, which can have a substantial economic impact.
Furthermore, the emphasis on effortless payload integration is a testament to the REMUS 130's design philosophy, which prioritizes flexibility and adaptability. This feature is particularly important for research institutions and commercial enterprises that may require the integration of custom payloads for specialized data collection and analysis.
HII's announcement of the REMUS 130 at the Oceanology International 2024 conference suggests a strategic move to capitalize on industry events to market their latest innovation. The REMUS series' reputation for durability and service life could reassure investors about the product's reliability and the company's commitment to quality. Moreover, the claim of providing a highly capable vehicle at reduced cost and risk could resonate with budget-conscious clients, potentially leading to increased sales and a positive impact on HII's financial performance.
Given the UUV's applications in both defense and commercial sectors, the REMUS 130 has the potential to contribute to HII's revenue diversification. The ability to address a variety of mission needs with a single platform could result in economies of scale, enhancing profitability. It will be important to monitor HII's order book and any partnerships or contracts that may arise following this announcement to assess the REMUS 130's market penetration and its effect on the company's stock performance.
Open Architecture and Modularity Minimize Cost and Risk
LONDON, March 12, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced the REMUS 130, a new unmanned underwater vehicle (UUV) model based on the highly successful HII REMUS series of UUVs, today at the Oceanology International 2024 conference and exhibition.
The REMUS 130 is the third generation of REMUS 100 vehicles and is designed to enhance underwater operations with maximum flexibility, advanced capabilities and innovative features, including:
- A compact, two-person-portable design.
- Effortless payload integration.
- Operational depths down to 100 meters.
- An extended battery life of up to 10 hours for sustained operations with easy field battery change.
“The REMUS 130 is built on the same proven technology platform as the REMUS 300 and offers customers a highly capable vehicle at reduced cost and risk,” said Duane Fotheringham, president of Mission Technologies’ Unmanned Systems business group. “We are excited to introduce this latest generation of the REMUS 100 that will help drive commonality across the fleet and provide our customers with more flexibility to address their mission needs.”
An image accompanying this release is available at: https://hii.com/news/hii-mission-technologies-unveils-new-remus-130-unmanned-underwater-vehicle/.
The REMUS 130 was developed with HII’s internal funding specifically for customers seeking the long service life of REMUS UUVs, along with the proven modularity and open architecture of the REMUS 300 and 620 models at a reduced cost.
The REMUS 130 is built for a variety of missions and operations, including:
- Data collection and research.
- Offshore oil and gas exploration.
- Search and rescue.
- Mine countermeasures operations.
The REMUS 130 features modern core electronics, navigation and communications systems with modular, open architecture interfaces to accommodate wet or dry payloads, including custom payloads developed by the user.
The HII REMUS UUV series are recognized for their durability, long service-life and effortless upgradeability.
Leveraging three decades of innovation and the global delivery of over 600 UUVs to 30 countries, including 14 NATO members, HII's REMUS 130 is poised to transform underwater operations with its advanced features and cost-efficient solutions.
HII creates advanced unmanned solutions for defense, marine research and commercial applications. Serving customers in more than 30 countries, HII provides design, autonomy, manufacturing, testing, operations and sustainment of unmanned systems, UUVs and unmanned surface vessels (USV). HII Mission Technologies is committed to advancing the field of unmanned underwater vehicles and providing innovative solutions to meet the evolving needs of its customers.
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:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on Twitter: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
Contact:
Greg McCarthy
(202) 264-7126
gregory.j.mccarthy@hii-co.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e976165e-cb9f-466b-982d-ecab17db3241
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