PHOTO RELEASE — Huntington Ingalls Industries Expands Unmanned Capabilities By Acquiring Autonomy Business from Spatial Int...
January 04 2021 - 8:00AM
Huntington Ingalls Industries (NYSE: HII) announced today that it
has acquired the autonomy business of Spatial Integrated Systems
Inc. (SIS). The acquisition further expands HII’s unmanned systems
capabilities with this highly skilled team and proven unmanned
surface vessel (USV) solutions.
“We are excited to welcome the SIS autonomy business employees
to the HII family,” said Andy Green, HII executive vice president
and president of Technical Solutions. “2020 was a significant year
for HII in the unmanned systems industry, and this acquisition is
the perfect complement to our existing portfolio and strategic
partnerships.”
“I am pleased that HII will carry on SIS’s vision to deliver
advanced autonomy to our armed forces in support of our national
interest,” said Dr. Ali Farsaie, CEO and founder of SIS.
SIS’s unmanned systems solutions — including multi-vehicle
collaborative autonomy, sensor fusion and perception — have been
fielded for more than 6,000 hours on 23 vessel types. They have
supported multiple development projects and demonstrations
advancing autonomy in unmanned systems in the maritime, ground and
air domains.
A photo accompanying this release is available at:
https://newsroom.huntingtoningalls.com/file/spatial-integrated-systems.
“SIS is a leader in autonomous technology, and this acquisition
adds significant breadth to our unmanned systems solutions,” said
Duane Fotheringham, president of Technical Solutions’ Unmanned
Systems business group. “This technology and the talented team
provide unmatched capabilities in multi-domain collaborative
autonomy and perception, allowing HII to uniquely address our
customers’ needs.”
SIS’s solutions are actively in use throughout the Department of
Defense, coordinating and controlling multiple collaborative
unmanned vehicles in the execution of mission applications
including intelligence, surveillance, and reconnaissance, harbor
patrol, high value unit escort missions, payload delivery, mine
clearance, and transporting supplies. SIS’s intelligent,
goal-oriented USV solutions follow Unmanned Maritime Autonomy
Architecture standards and integrate proven obstacle avoidance and
International Regulations for Preventing Collisions at
Sea-compliant behaviors.
The acquisition of SIS’s autonomy business follows other recent
unmanned systems activity by HII, including the acquisition of
Hydroid, a strategic alliance with Kongsberg Maritime, an equity
investment in Sea Machines, and the groundbreaking on a new HII
Unmanned Systems Center of Excellence in Hampton, Virginia.
The transaction closed on Dec. 31, 2020 and approximately 50
employees from SIS, primarily located in Virginia Beach, Virginia,
have joined HII Technical Solutions’ Unmanned Systems business
group. Sam Lewis, president and chief operating officer of SIS,
will lead the company’s USV efforts, reporting to Fotheringham. The
cost of the transaction is not being disclosed.
Huntington Ingalls Industries is America’s largest military
shipbuilding company and a provider of professional services to
partners in government and industry. For more than a century, HII’s
Newport News and Ingalls shipbuilding divisions in Virginia and
Mississippi have built more ships in more ship classes than any
other U.S. naval shipbuilder. HII’s Technical Solutions division
supports national security missions around the globe with unmanned
systems, defense and federal solutions, and nuclear and
environmental services. Headquartered in Newport News, Virginia,
HII employs more than 42,000 people operating both domestically and
internationally. For more information, visit:
• HII on the web: www.huntingtoningalls.com• HII on
Facebook: www.facebook.com/HuntingtonIngallsIndustries• HII on
Twitter: www.twitter.com/hiindustries • HII on YouTube:
www.youtube.com/huntingtoningalls • HII on Instagram:
www.instagram.com/huntingtoningalls
Statements in this release, other than statements of historical
fact, constitute “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve risks and uncertainties that
could cause our actual results to differ materially from those
expressed in these statements. Factors that may cause such
differences include: changes in government and customer priorities
and requirements (including government budgetary constraints,
shifts in defense spending, and changes in customer short-range and
long-range plans); our ability to estimate our future contract
costs and perform our contracts effectively; changes in procurement
processes and government regulations and our ability to comply with
such requirements; our ability to deliver our products and services
at an affordable life cycle cost and compete within our markets;
natural and environmental disasters and political instability; our
ability to execute our strategic plan, including with respect to
share repurchases, dividends, capital expenditures and strategic
acquisitions; adverse economic conditions in the United States and
globally; health epidemics, pandemics and similar outbreaks,
including the COVID-19 pandemic; changes in key estimates and
assumptions regarding our pension and retiree health care costs;
security threats, including cyber security threats, and related
disruptions; and other risk factors discussed in our filings with
the U.S. Securities and Exchange Commission. There may be other
risks and uncertainties that we are unable to predict at this time
or that we currently do not expect to have a material adverse
effect on our business, and we undertake no obligation to update
any forward-looking statements. You should not place undue reliance
on any forward-looking statements that we may make. This release
also contains non-GAAP financial measures and includes a GAAP
reconciliation of these financial measures. Non-GAAP financial
measures should not be construed as being more important than
comparable GAAP measures.
Contact: Beci BrentonBeci.Brenton@hii-co.com(202)
264-7143
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