financetom
Business
financetom
/
Business
/
Huntington Ingalls Industries Delivers First 2 Lionfish Undersea Vehicles to US Navy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Huntington Ingalls Industries Delivers First 2 Lionfish Undersea Vehicles to US Navy
Apr 7, 2025 6:12 AM

08:37 AM EDT, 04/07/2025 (MT Newswires) -- Huntington Ingalls Industries ( HII ) said Monday it delivered the first two Lionfish small uncrewed undersea vehicles to the US Navy under a program that could scale to 200 vehicles, with a contract value exceeding $347 million.

Based on its REMUS 300 platform, the company said Lionfish is designed to support critical undersea warfare needs, including mine countermeasures, intelligence, surveillance and reconnaissance, anti-submarine warfare, and electronic warfare.

The program was developed in collaboration with the US Navy and the Defense Innovation Unit to accelerate the integration of dual-use commercial technologies into US Department of Defense programs, it added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Scorpio Tankers Inc. Announces Agreements to sell Two LR2 Product Tankers and to Purchase Two LR2 Newbuilding Product Tankers
Scorpio Tankers Inc. Announces Agreements to sell Two LR2 Product Tankers and to Purchase Two LR2 Newbuilding Product Tankers
Mar 10, 2026
MONACO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. ( STNG ) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two, 2016 built LR2 product tankers and to purchase two scrubber-fitted LR2 newbuilding product tankers. Vessel Sales The Company has entered into agreements to sell the 2016 built LR2 product tankers, STI...
KBR Awarded Contract for Green Methanol Project in Saudi Arabia
KBR Awarded Contract for Green Methanol Project in Saudi Arabia
Mar 10, 2026
06:42 AM EST, 12/16/2025 (MT Newswires) -- KBR (KBR) said Tuesday that it has been awarded a contract from Fikrat Al-Tadweer to supply its PureMSM green methanol technology for a biomethanol plant in Saudi Arabia that will convert landfill gas into clean fuel. Under the deal, the company said it will provide technology licensing, proprietary engineering design, catalysts, and specialized...
New Trump order reining in proxy advisers could weaken shareholder rights
New Trump order reining in proxy advisers could weaken shareholder rights
Mar 10, 2026
Dec 16 (Reuters) - A new White House order aiming to rein in proxy advisory firms marks a major step in a broader Republican effort to weaken the role of investors and put more power in the hands of CEOs, corporate governance analysts and attorneys said. U.S. President Donald Trump told the U.S. Securities and Exchange Commission and other agencies...
Ford Forecasts $19.5 Billion in Charges as Part of Shift in Electric Vehicle Strategy
Ford Forecasts $19.5 Billion in Charges as Part of Shift in Electric Vehicle Strategy
Mar 10, 2026
06:39 AM EST, 12/16/2025 (MT Newswires) -- Ford Motor ( F ) said it expects to record charges of $19.5 billion as the automaker scales back some electric vehicle operations amid lower-than-expected demand, high costs and regulatory changes. The company last week decided to rationalize its EV manufacturing capacity and product roadmap, including the cancellation of three previously planned electric...
Copyright 2023-2026 - www.financetom.com All Rights Reserved