HII's ROMULUS USV advances to testing phase for U.S. Navy’s Medium Unmanned Surface Vessel program, highlighting its autonomous capabilities.
Quiver AI Summary
HII's ROMULUS Unmanned Surface Vessel has been selected by the U.S. Navy to advance to the at-sea testing phase of the Medium Unmanned Surface Vessel program, as announced by Andy Green, executive vice president of HII. This milestone highlights HII's expertise in delivering autonomous capabilities that align with the Navy's operational needs. The ROMULUS USV integrates advanced autonomy and HII’s Odyssey Autonomous Control Solutions, which enhance command and control across maritime domains. Designed for high endurance and operational versatility, ROMULUS is equipped to support various missions, including intelligence and surveillance operations. HII, a leading shipbuilder and unmanned systems provider, looks forward to demonstrating the vessel’s capabilities in fulfilling the Navy's vision for autonomous maritime operations.
Potential Positives
- HII's ROMULUS Unmanned Surface Vessel has been selected by the U.S. Navy to advance to the at-sea testing phase of the Medium Unmanned Surface Vessel program, showcasing HII's commitment to supporting naval operational requirements.
- The ROMULUS USV integrates HII's Odyssey Autonomous Control Solutions, enhancing command and control capabilities for autonomous operations, which is significant for modern naval missions.
- The vessel's design prioritizes endurance, flexibility, and operational versatility, making it suitable for various high-stakes military missions, thereby enhancing HII's reputation for innovation in defense technology.
- HII's status as America’s largest shipbuilder and leading producer of unmanned underwater vehicles positions the company favorably within the defense industry, reinforcing confidence in its future growth and mission readiness.
Potential Negatives
- None
FAQ
What is the ROMULUS Unmanned Surface Vessel?
The ROMULUS USV is designed to meet the needs of the U.S. Navy and allied forces with advanced autonomy and high endurance.
What role does HII’s Odyssey play in ROMULUS?
HII’s Odyssey Autonomous Control Solutions enhance ROMULUS with intuitive command, control capabilities, and collaborative autonomy for unmanned missions.
What missions can ROMULUS support?
ROMULUS can perform intelligence, surveillance, reconnaissance, mine countermeasures, and support UAV and UUV operations in distributed maritime environments.
How does ROMULUS contribute to naval operations?
ROMULUS enhances fleet effectiveness with high endurance, flexibility, and payload capacity for varied and integrated military missions at sea.
What is HII's role in military technology?
HII is a leading shipbuilder and provider of unmanned systems, crucial for enhancing the U.S. military's operations and national security capabilities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HII Insider Trading Activity
$HII insiders have traded $HII stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- THOMAS E. STIEHLE (Ex. VP and CFO) sold 4,500 shares for an estimated $1,937,430
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 4,400 shares for an estimated $1,858,780
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 3,500 shares for an estimated $1,118,533
- ERIC D. CHEWNING (EVP, Maritime Sys & Corp STR) sold 1,700 shares for an estimated $736,848
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HII Revenue
$HII had revenues of $3.1B in Q1 2026. This is an increase of 13.35% from the same period in the prior year.
You can track HII financials on Quiver Quantitative's HII stock page.
You can access data on HII stock through the Quiver Quantitative API.
$HII Congressional Stock Trading
Members of Congress have traded $HII stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HII stock by members of Congress over the last 6 months:
- REPRESENTATIVE BRIAN BABIN sold up to $50,000 on 05/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$HII Hedge Fund Activity
We have seen 461 institutional investors add shares of $HII stock to their portfolio, and 418 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 1,980,448 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $739,538,892
- VAN ECK ASSOCIATES CORP removed 572,487 shares (-34.8%) from their portfolio in Q1 2026, for an estimated $213,778,095
- MILLENNIUM MANAGEMENT LLC removed 557,517 shares (-83.7%) from their portfolio in Q1 2026, for an estimated $208,187,998
- ROKOS CAPITAL MANAGEMENT LLP removed 363,824 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $123,725,627
- TD ASSET MANAGEMENT INC added 307,635 shares (+599.4%) to their portfolio in Q1 2026, for an estimated $114,877,061
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 241,938 shares (+inf%) to their portfolio in Q1 2026, for an estimated $90,344,487
- DIMENSIONAL FUND ADVISORS LP removed 212,290 shares (-21.7%) from their portfolio in Q1 2026, for an estimated $79,273,331
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 01/20/2026
- Citigroup issued a "Buy" rating on 01/13/2026
To track analyst ratings and price targets for $HII, check out Quiver Quantitative's $HII forecast page.
$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 5 analysts offer price targets for $HII in the last 6 months, with a median target of $405.0.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $405.0 on 05/18/2026
- Gautam Khanna from TD Cowen set a target price of $420.0 on 05/14/2026
- David Strauss from Wells Fargo set a target price of $400.0 on 04/01/2026
- Ronald Epstein from B of A Securities set a target price of $400.0 on 02/12/2026
- Noah Poponak from Goldman Sachs set a target price of $425.0 on 01/20/2026
Full Release
MCLEAN, Va., June 01, 2026 (GLOBE NEWSWIRE) -- Statement by Andy Green, executive vice president of HII and president of HII’s Mission Technologies division, on the U.S. Navy’s selection of HII’s ROMULUS Unmanned Surface Vessel to advance to the at-sea testing phase of the Medium Unmanned Surface Vessel (MUSV) program:
“HII is proud that ROMULUS USV has advanced to the U.S. Navy’s Medium Unmanned Surface Vessel evaluation phase, a milestone that reflects HII’s longstanding track record for delivering mission-ready autonomous capabilities that support the U.S. Navy’s evolving operational requirements.
“At the core of the ROMULUS USV is HII’s extensive experience as a global leader in autonomous unmanned maritime systems, combined with HII’s Odyssey Autonomous Control Solutions, a proven autonomy software suite and a key differentiator of our solution. Demonstrated across programs supporting the U.S. Navy, U.S. Marine Corps, U.S. Coast Guard, and allied partners, Odyssey enables intuitive command and control of autonomous platforms and swarms across domains, enhancing fleet lethality, survivability, and operational effectiveness.
A photo accompanying this news release is available at
https://www.hii.com/newsroom
“ROMULUS brings together advanced autonomy, scalable platform design, and efficient manufacturing in a production-ready solution engineered to meet the demands of distributed maritime operations and integrated manned-unmanned teaming. Its endurance, flexibility, and payload capacity provide the operational versatility required for future naval missions.
“We appreciate the U.S. Navy’s confidence in ROMULUS and look forward to demonstrating the platform’s maturity, reliability, and operational effectiveness in support of the service’s vision for autonomous maritime operations.”
About HII’s Odyssey Advanced Autonomy Solutions®
HII’s Odyssey Autonomous Control Solutions (ACS) is currently deployed on REMUS unmanned underwater vehicles (UUVs) and ROMULUS unmanned surface vessel (USV) platforms in 30 countries, transforming vehicles into intelligent robotic systems. Through flexible vehicle-, module-, and algorithm-level implementations across diverse platforms, sensors, payloads, and mission profiles, Odyssey Advanced Autonomy Solutions deliver multi-vehicle collaborative autonomy, sensor fusion, and advanced perception capabilities.
About the
ROMULUS Unmanned Surface Vessel
The ROMULUS family of Unmanned Surface Vessels is designed to meet the current and emerging requirements of the U.S. Navy, U.S. Marine Corps, joint forces, and allies. They deliver high-endurance, sustained open-ocean autonomy with a focus on lethality, cost, efficiency and scalability.
The ROMULUS family of USVs will support missions including intelligence, surveillance, and reconnaissance; counter-unmanned air systems; mine countermeasures; strike; and the launch and recovery of unmanned underwater vehicles and unmanned aerial vehicles (UAV).
Paired with HII’s REMUS UUVs, ROMULUS extends undersea reach and supports a scalable dual-domain force package built for distributed maritime operations.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world. With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
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HII on LinkedIn:
https://www.linkedin.com/company/wearehii
Contact:
Greg McCarthy
(202) 264-7126
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ca1499be-90fb-4016-8cd5-8f01eb5c9785