HII - Mergers and acquisitions

MCLEAN, Va., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Global defense and technologies partner HII (NYSE:HII) announced today the delivery of three REMUS 100s unmanned underwater vehicles (UUVs) to the United Kingdom's Royal Navy. The new systems bring enhanced endurance and the latest generation of sensors and payloads, allowing for increased data quality and mission efficiency. "We're proud to continue our longstanding partnership with the U.K. Royal Navy," said Duane Fotheringham, president of the Unmanned Systems business group at HII's Mission Technologies division. "Our newest REMUS 100s will bolster their existing fleet with increased capability for the U.K.'s subsea autonomous operations

NEWPORT NEWS, Va., Aug. 19, 2021 (GLOBE NEWSWIRE) --  Huntington Ingalls Industries (NYSE:HII) announced today that it has completed the acquisition of Alion Science and Technology, a technology-driven solutions provider located in McLean, Virginia, from Veritas Capital, a leading investor in companies operating at the intersection of technology and government. Alion provides advanced engineering and R&D services in the areas of ISR, military training and simulation, cyber and data analytics and other next-generation technology based solutions to the global defense marketplace. Alion has more than 3,200 employees with over 80% of employees maintaining security clearances. "Alion greatly

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ -- PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM) solutions; ranked by Engineering News-Record (ENR) as No. 59 of the Top 500 Design Firms and among the top 10 in the petroleum sector. ENR's list ranks public and private companies by its markets' share of total revenue. Financial te