Daily Newsletter

07 May 2024

Daily Newsletter

Royal Navy acquires HII UUVs

The Royal Navy improves its maritime security and exploration capabilities with HII's REMUS UUVs.

Harry McNeil May 07 2024

The Royal Navy has made the recent acquisition of unmanned underwater vehicles (UUVs) from HII. by securing three REMUS 100s and five REMUS 300s.

Procuring these unmanned vehicles marks a shift in the Royal Navy's approach to maritime defence as it embraces technologies for surveillance.

With a legacy spanning two decades, the Royal Navy's reliance on REMUS UUVs shows the trust and confidence placed in HII's technology. The partnership between HII, the United Kingdom, and other allies shows the global recognition of REMUS vehicles in safeguarding maritime interests.

REMUS 100 is the first of its kind in the industry, with features that enable customers to have increased autonomy and creativity during missions. It is ideal for rapid, low-logistics deployments with a maximum operating depth of 100 meters and a mission duration of up to 12 hours, as revealed in GlobalData's Thematic Research on unmanned underwater vehicles

12 NATO member countries, including the United States, use REMUS UUVs. In December 2020, the company delivered new REMUS 100 Unmanned Underwater Vehicles (UUVs) to the German Navy.

Beyond the transactional aspect, acquiring REMUS UUVs represents a shift as traditional strategies make way for other approaches to surveillance, reconnaissance, and mine countermeasures. Equipped with sensors and systems, the REMUS 100s and 300s offer versatility, empowering the Royal Navy to adapt to evolving maritime challenges.

Duane Fotheringham, president of Mission Technologies' Unmanned Systems business group, aptly captures the significance of this milestone, "We are honoured to support the Royal Navy in their mission to maintain maritime security. The trust placed in our REMUS vehicles by the United Kingdom and other allies is a testament to the quality and reliability of our technology. We look forward to further strengthening our partnerships and contributing to global maritime safety."

HII reported a robust fiscal year 2024 (FY24), starting with an 18.6% increase in net earnings, reaching $153m in the first quarter (Q1) compared to $129m in Q1 FY2023. This growth is attributed to new contract awards totalling $3.1bn and a 4.9% rise in revenues to $2.8bn. 

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close