HII marks 25 years of innovation with its REMUS unmanned underwater vehicles, used globally for various defense and scientific missions.
Quiver AI Summary
HII celebrated the 25th anniversary of the REMUS unmanned underwater vehicle family at the 2026 Navy League Sea-Air-Space Exposition, highlighting its evolution into the leading autonomous underwater vehicle platform. Originally developed by the Woods Hole Oceanographic Institution and funded by the Office of Naval Research, REMUS has been recognized for its innovation, reliability, and adaptability to various defense, commercial, and scientific missions. Over 750 REMUS vehicles have been delivered to 30 nations, with applications in mine countermeasures, intelligence, surveillance, and seabed mapping. More than 90% of REMUS systems remain in service, showcasing their durability. HII continues to advance the platform's capabilities, including recent developments that allow for launch and recovery from submarines, and is expanding its strategic partnerships to enhance unmanned marine operations.
Potential Positives
- HII celebrates the 25th anniversary of the REMUS unmanned underwater vehicle, highlighting its leadership and innovation in the autonomous underwater vehicle market.
- More than 750 REMUS vehicles have been delivered to over 30 nations, indicating strong global demand and trust in HII's products.
- REMUS vehicles are actively used by 14 NATO navies, showcasing the platform's importance in military operations and international defense partnerships.
- The successful integration of REMUS UUVs with submarine systems through strategic partnerships enhances HII's technological capabilities and opens new deployment options for allied forces.
Potential Negatives
- None
FAQ
What is the REMUS unmanned underwater vehicle?
The REMUS is an autonomous underwater vehicle platform renowned for its innovation and versatility in defense, commercial, and scientific missions.
How long has REMUS been in operation?
REMUS has been operational for 25 years, celebrated for its reliability and performance across various mission profiles.
Who uses REMUS vehicles?
Over 30 nations utilize REMUS vehicles, including 14 NATO navies such as the U.S., U.K., and Germany.
What are some notable capabilities of REMUS?
REMUS vehicles excel in mine countermeasures, ISR, seabed mapping, and they support advanced naval operations with stealth capabilities.
What future developments are planned for REMUS?
HII aims to integrate REMUS with submarine weapon systems and expand unmanned capabilities through strategic partnerships in the maritime domain.
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 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- CHRISTOPHER D KASTNER (Director, President & CEO) sold 15,000 shares for an estimated $4,815,900
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) has made 0 purchases and 2 sales selling 5,186 shares for an estimated $2,105,995.
- THOMAS E. STIEHLE (Ex. VP and CFO) sold 4,500 shares for an estimated $1,937,430
- ERIC D. CHEWNING (EVP, Maritime Sys & Corp STR) sold 1,700 shares for an estimated $736,848
- VICTORIA D HARKER sold 1,000 shares for an estimated $316,605
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 850 shares for an estimated $268,124
- NICOLAS G SCHUCK (Corp VP, Controller & CAO) sold 465 shares for an estimated $146,389
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$HII Revenue
$HII had revenues of $3.5B in Q4 2025. This is an increase of 15.71% from the same period in the prior year.
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$HII Hedge Fund Activity
We have seen 413 institutional investors add shares of $HII stock to their portfolio, and 347 decrease their positions in their most recent quarter.
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- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,981,424 shares (+38526.6%) to their portfolio in Q4 2025, for an estimated $673,822,859
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$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 01/20/2026
- Citigroup issued a "Buy" rating on 01/13/2026
- TD Cowen issued a "Buy" rating on 10/31/2025
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$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 6 analysts offer price targets for $HII in the last 6 months, with a median target of $412.5.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $441.0 on 04/02/2026
- David Strauss from Wells Fargo set a target price of $400.0 on 04/01/2026
- Gautam Khanna from TD Cowen set a target price of $460.0 on 03/06/2026
- 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
- Seth Seifman from JP Morgan set a target price of $342.0 on 11/03/2025
Full Release
NATIONAL HARBOR, Md., April 20, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today celebrated the 25th anniversary of the REMUS unmanned underwater vehicle (UUV) family during the 2026 Navy League Sea-Air-Space Exposition, marking a quarter century of innovation, reliability and mission versatility that has made REMUS the world’s leading autonomous underwater vehicle platform.
Originally funded by the Office of Naval Research (ONR) and developed by the Woods Hole Oceanographic Institution (WHOI) in Woods Hole, Massachusetts, REMUS began as a research vehicle designed to advance ocean science and undersea exploration. Over the past 25 years, HII has expanded that pioneering technology into the most widely produced and adopted autonomous unmanned underwater systems in the world, supporting defense, commercial and scientific missions.
“REMUS has endured for 25 years because it was designed to evolve,” said Duane Fotheringham, president of the Unmanned Systems group in HII’s Mission Technologies division. “Its reliability, modularity, and open architecture allow operators to quickly adapt the platform to new missions while maintaining the performance and trust customers rely on.”
Today, more than 750 REMUS vehicles have been delivered to over 30 nations. They are currently used by 14 NATO navies, including the U.S., United Kingdom, Norway and Germany, as well as allied partners across the Indo-Pacific. REMUS vehicles support mine countermeasures, intelligence, surveillance and reconnaissance (ISR), and seabed mapping missions. More than 90% of all REMUS systems deployed in the past 25 years remain in active service, a testament to their durability, reliability and lifecycle value.
Among REMUS’s notable capabilities and recognition:
- The REMUS family supports modern naval operations with unmatched reliability. Its autonomous systems enable independent and teamed operations. In a recent breakthrough, REMUS 600 vehicles were successfully launched and recovered from the torpedo tubes of an HII-built U.S. Navy Virginia -class submarine, extending mission reach while reducing exposure risk and enhancing stealth for submarine forces.
- REMUS’ open-architecture design enables rapid integration of new payloads as missions evolve, maximizing platform modularity while controlling lifecycle costs. The REMUS product line includes multiple variants designed for specific mission profiles and operating depths. Vehicle designations reflect operational depth capability and generational improvements, from the compact REMUS 130 optimized for shallow-water operations, to the REMUS 6000 designed for deep-sea exploration and recovery operations. REMUS 620, a medium unmanned underwater vehicle (MUUV), features modernized electronics, modular upgrades, and endurance of up to 110 hours with a range of approximately 275 nautical miles.
- REMUS vehicles have played critical roles in high-profile global search operations, including the deep-ocean search for Air France Flight 447, post-tsunami maritime surveys in Japan, and the historic discovery of the USS Indianapolis (CA 35) in the Philippine Sea.
- Research institutions and environmental organizations continue to rely on REMUS vehicles for oceanographic research, marine archaeology, and ecosystem monitoring. The National Oceanic and Atmospheric Administration (NOAA) is currently deploying REMUS 620 vehicles to map seafloor habitats impacted by the Deepwater Horizon oil spill, while universities and marine laboratories use the systems to conduct long-duration environmental surveys.
A photo accompanying this release is available at: http://hii.com/news/launched-from-submarines-trusted-by-30-navies-remus-marks-25-years-beneath-the-surface/ .
The U.S. Navy’s Lionfish Program
The U.S. Navy’s current Lionfish UUV is based on HII’s REMUS 300 platform, a modular, open-architecture small unmanned underwater vehicle (SUUV) engineered for multi-mission adaptability. The program was developed in collaboration with the U.S. Navy and the Defense Innovation Unit (DIU) to accelerate the adoption of dual-use commercial technologies in U.S. Department of Defense programs.
Lionfish has been recognized as the U.S. Navy’s first successful transition from an Other Transaction Authority (OTA) prototype to full-rate production. It is also the first — and currently only — cyber-compliant UUV.
Strategic Partnerships and Future Capabilities
HII continues to invest in next-generation capabilities and strategic partnerships that expand how unmanned systems operate across the maritime domain. In a recent initiative, HII and Babcock International Group signed a strategic agreement to integrate REMUS UUVs with Babcock’s submarine weapon handling and launch systems, enabling autonomous launch and recovery of UUVs through submarine torpedo tubes and unlocking new deployment options for allied submarine forces.
In the U.S. Navy’s future fleet, and together with HII’s ROMULUS unmanned surface vehicle (USV), REMUS systems enable integration of manned and unmanned platforms.
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/69a11479-a25a-4f9f-b232-e3becc67f0d3