HII Selected to Compete on $25.4 Billion Microelectronics Multi-Award Contract
HII (NYSE: HII) said its Mission Technologies division was named among 12 firms on the 10-year, $25.4 billion Advanced Technology Support Program V (ATSP5) multiple-award IDIQ contract awarded by the Defense Microelectronics Activity on Jan 20, 2026.
Rhea-AI Summary
HII (NYSE: HII) said its Mission Technologies division was named among 12 firms on the 10-year, $25.4 billion Advanced Technology Support Program V (ATSP5) multiple-award IDIQ contract awarded by the Defense Microelectronics Activity on Jan 20, 2026.
ATSP5 provides rapid, flexible access across the U.S. Department of Defense and civilian agencies for advanced microelectronics, engineering, prototyping, modernization and anti-obsolescence solutions. HII noted its engineers will support hardware and software workstreams including reverse engineering, assurance, prototyping, integration, testing and limited production using HII-developed tools and a model-based approach.
Positive
- Named to a 10-year, $25.4 billion ATSP5 multiple-award IDIQ
- Eligible to provide advanced microelectronics and software services across DoD and federal agencies
- Leverages >20 years of Mission Technologies engineering experience
Negative
- ATSP5 is a multiple-award IDIQ, so inclusion does not guarantee contract task orders or revenue
Details
News Market Reaction – HII
On Jan 20, the day this news came out, HII closed 2.42% below the previous close.
Data tracked by StockTitan Argus for the Jan 20 session.
Key Figures
- ATSP5 contract ceiling
- $25.4 billion
- Advanced Technology Support Program V multi-award IDIQ
- ATSP5 duration
- 10 years
- Performance period for Advanced Technology Support Program V
- Awarded companies
- 12 companies
- Number of firms on ATSP5 multiple award contract
- SHIELD IDIQ ceiling
- $151 billion
- Missile Defense Agency SHIELD contract ceiling announced Jan 13, 2026
- Ingalls investment
- More than $1 billion
- Infrastructure, facilities and tools at Ingalls Shipbuilding
- Ships in work
- More than 40 ships
- Active construction or modernization across Ingalls and NNS
- Employees
- 44,000 workers
- HII workforce highlighted Jan 5, 2026
- Director stock award
- 139 shares at $349.75
- Form 4 insider equity award on 01/02/2026
Historical Context
-
Missile Defense Agency SHIELD IDIQ with $151 billion ceiling for broad capabilities.
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Sea Launcher demo of automated REMUS UUV launch and recovery for naval missions.
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Doubling Portchester U.K. unmanned facility to support REMUS and ROMULUS systems.
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Hosting top Navy leaders and highlighting more than $1 billion Ingalls investments.
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Secretary of War visit showcasing ~40 ships in construction and throughput efforts.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
microelectronics technical
indefinite delivery/indefinite quantity technical
reverse engineering technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
MCLEAN, Va., Jan. 20, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division is among 12 companies included on a 10-year,
Awarded by the Defense Microelectronics Activity, ATSP5 is used across the U.S. Department of Defense and other civilian federal agencies to rapidly obtain advanced microelectronics, engineering, prototyping and technology modernization support. The contract provides rapid, flexible access to advanced microelectronics technologies, solves operational problems caused by obsolescence and accelerates deployment.
“Delivering a trusted, assured supply of microelectronics directly impacts warfighter survivability, mission success and technological superiority at a time when secure chips shape battlefield advantage,” said Grant Hagen, president of Mission Technologies’ Warfare Systems group. “HII looks forward to applying more than two decades of engineering expertise to design and deploy next-generation microelectronics while sustaining systems with robust anti-obsolescence solutions.”
ATSP5 includes the development of appropriate solutions to keep a system operational, elevate sophistication level or meet new threats. The scope covers both hardware and software and includes studies, analysis, design, software, simulation, fabrication, prototyping, integration, testing, producibility and extended limited production.
HII’s microelectronics and software engineers provide system and component-level expertise in reverse engineering, microelectronics assurance and the redeployment of previously obsolete systems that are crucial to national security. They do this using unique HII-developed tools and capabilities and a model-based technical approach.
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 X: 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
FAQ
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