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NEWPORT NEWS, Va., June 21, 2021 (GLOBE NEWSWIRE) – Huntington Ingalls Industries (NYSE: HII) today announced that the Royal New Zealand Navy has placed the first international order for four unmanned underwater vehicles (UUVs) REMUS 300.
“We are delighted that New Zealand is improving their fleet with new REMUS 300 UUVs,” said Duane Fotheringham, president of the Unmanned Systems business group in the Technical Solutions division of HII. “Technology has advanced considerably over the past few years and the REMUS 300 represents one of the most advanced portable UUVs on the market today. We look forward to continuing our long-standing relationship with the Royal New Zealand Navy. “
New Zealand has a fleet of six REMUS 100 UUVs which are used for mine action and underwater prospecting operations. The Royal New Zealand Navy also used its REMUS vehicles for search and recovery, including locating the wreckage of the Princess Ashika ferry in 2009 and participating in the White Island volcano search effort in 2019.
“We have a fleet of six REMUS 100 UUVs that we have used regularly for 14 years,” said Captain Garin Golding of the Royal New Zealand Navy. “The flexibility and modularity of the REMUS 300 will allow us to adapt the vehicles to specific missions, further increasing our capacities. “
A photo accompanying this press release is available at: https://newsroom.huntingtoningalls.com/file/remus-300-new-zealand.
Designed for modularity and portability, the REMUS 300 can be reconfigured with a range of sensors and payloads to meet mission requirements. In addition to the four vehicles, New Zealand has acquired additional high-definition camera modules and interchangeable battery modules. The sale was facilitated by New Zealand Ocean Technology, HII’s REMUS business partner and its in-country support partner. Delivery of the four REMUS 300s is scheduled for summer 2022.
Huntington Ingalls Industries is the largest military shipbuilding company in the United States and a provider of professional services to government and industry partners. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more classes of ships than any other U.S. shipbuilder. HII’s Technical Solutions division supports national security missions around the world with unmanned systems, defense and federal solutions, and nuclear and environmental services. Based in Newport News, Va., HII employs more than 41,000 people operating both nationally and internationally. For more information visit:
Statements contained in this press 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 occur. differ materially from those expressed in these statements. Factors that can cause such differences include: changes in government and customer priorities and requirements (including government budget constraints, changes in defense spending, and changes in short and long term plans client) ; our ability to estimate the future costs of our contracts and to execute our contracts effectively; changes in procurement processes and government regulations and our ability to comply with these requirements; our ability to provide our products and services at an affordable life cycle cost and to be competitive in our markets; natural and environmental disasters and political instability; our ability to execute our strategic plan, including with respect to share buybacks, dividends, capital expenditures and strategic acquisitions; adverse economic conditions in the United States and around the world; 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 cybersecurity threats, and associated disruption; and other risk factors discussed in our filings with the United States Securities and Exchange Commission. There may be other risks and uncertainties that we are unable to predict at this time or that we do not currently expect to have a material adverse effect on our business, and we do not undertake to update them. forward-looking statements. You should not place undue reliance on any forward-looking statements we may make. This press release also contains non-GAAP financial measures and includes a GAAP reconciliation of those financial measures. Non-GAAP financial measures should not be interpreted as more material than comparable GAAP measures.
Contact: Beci [email protected] (202) 264-7143
Source: Huntington Ingalls Industries, Inc.