HII expands its Portchester facility, boosting support for U.K. Royal Navy and European partners with enhanced unmanned systems capabilities.
Quiver AI Summary
HII has expanded its unmanned vehicle manufacturing facility in Portchester, UK, doubling its size to enhance support for the UK Royal Navy and European partners. This facility will function as a European hub for HII's Mission Technologies division, providing operational and technical support for unmanned vehicles, including the REMUS line of underwater vehicles and the upcoming ROMULUS family of surface vessels. It aims to strengthen collaboration with U.S. combatant commands and allied missions, while creating new jobs and fostering supplier engagement in the region. HII's unmanned systems are recognized for their modular design and reliability in various defense and research contexts, including mine countermeasures and environmental monitoring. The expansion positions HII to better serve existing and future clients, reinforcing its long-term presence in the UK.
Potential Positives
- HII has doubled the size of its unmanned facility in Portchester, enhancing its regional presence and capacity to support the U.K. Royal Navy and European partners operating REMUS unmanned underwater vehicles.
- The expansion positions the Portchester facility as a European hub for HII’s Mission Technologies division, fostering collaboration for U.S. combatant commands and allied missions.
- The facility is expected to drive job creation and support supplier engagement within the U.K. and Europe, reinforcing HII’s commitment to local economies.
- The development of HII’s ROMULUS family of unmanned surface vessels is set to introduce advanced capabilities powered by AI, meeting the growing demand for autonomous defense solutions.
Potential Negatives
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FAQ
What is the new facility in Portchester focused on?
The Portchester facility enhances HII's capabilities for unmanned underwater and surface vehicles, supporting the U.K. Royal Navy and European partners.
How does HII's expansion benefit U.K. and European operators?
The expansion provides regional access to support, training, and sustainment for unmanned systems like ROMULUS USVs and REMUS UUVs.
What types of unmanned vehicles does HII manufacture?
HII manufactures autonomous surface and underwater vehicles, including the REMUS family of UUVs and the ROMULUS family of USVs.
How has HII collaborated with the Royal Navy?
HII has supplied various REMUS vehicles to the Royal Navy since 2001 and continues to enhance their capabilities through ongoing orders.
What is the operational capability of the REMUS UUVs?
REMUS UUVs are renowned for their advanced sensor performance, reliability, and are used for missions like mine hunting and underwater surveys.
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, 1 have been purchases and 7 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
- EDGAR A III GREEN (Ex VP, Pres. HII Mission Tech) sold 4,206 shares for an estimated $1,117,427
- NICK L STANAGE purchased 3,500 shares for an estimated $954,729
- VICTORIA D HARKER has made 0 purchases and 2 sales selling 2,000 shares for an estimated $585,235.
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 850 shares for an estimated $268,124
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 786 shares for an estimated $247,215
- NICOLAS G SCHUCK (Corp VP, Controller & CAO) sold 465 shares for an estimated $146,389
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HII Revenue
$HII had revenues of $3.2B in Q3 2025. This is an increase of 16.11% from the same period in the prior year.
You can track HII financials on Quiver Quantitative's HII stock page.
$HII Hedge Fund Activity
We have seen 394 institutional investors add shares of $HII stock to their portfolio, and 272 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 490,587 shares (+509.2%) to their portfolio in Q3 2025, for an estimated $141,244,903
- MAVERICK CAPITAL LTD removed 386,533 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $111,286,716
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 313,694 shares (+234.4%) to their portfolio in Q3 2025, for an estimated $90,315,639
- FMR LLC removed 277,046 shares (-7.2%) from their portfolio in Q3 2025, for an estimated $79,764,313
- CITADEL ADVISORS LLC removed 217,092 shares (-93.1%) from their portfolio in Q3 2025, for an estimated $62,502,957
- UBS GROUP AG removed 205,315 shares (-25.1%) from their portfolio in Q3 2025, for an estimated $59,112,241
- ORION PORFOLIO SOLUTIONS, LLC removed 191,850 shares (-98.0%) from their portfolio in Q3 2025, for an estimated $55,235,533
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$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:
- Citigroup issued a "Buy" rating on 12/12/2025
- TD Cowen issued a "Buy" rating on 10/31/2025
- Goldman Sachs issued a "Buy" rating on 10/31/2025
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 6 analysts offer price targets for $HII in the last 6 months, with a median target of $346.0.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $376.0 on 12/12/2025
- Seth Seifman from JP Morgan set a target price of $342.0 on 11/03/2025
- Gautam Khanna from TD Cowen set a target price of $350.0 on 10/31/2025
- Noah Poponak from Goldman Sachs set a target price of $356.0 on 10/31/2025
- Ronald Epstein from B of A Securities set a target price of $260.0 on 08/13/2025
- David Strauss from Barclays set a target price of $295.0 on 08/04/2025
Full Release
PORTCHESTER, United Kingdom, Jan. 12, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII), the world’s leading manufacturer of autonomous surface and underwater unmanned vehicles, has doubled the size of its unmanned facility in Portchester, U.K.
The enlarged facility significantly enhances and strengthens the company’s presence in the United Kingdom and increases capacity and support for the U.K. Royal Navy and European partners that operate the REMUS line of unmanned underwater vehicles (UUVs).
In addition to supporting regional unmanned customers, the Portchester facility will serve as a European hub for HII’s Mission Technologies division, enabling collaborative customer support for U.S. combatant commands and allied missions. The site will provide operational, technical, and logistics support to deploy, sustain, and integrate electronic warfare and C5ISR systems, fleet modernization efforts, artificial intelligence capabilities, and live, virtual, and constructive training.
The facility also prepares the region for the deployment and sustainment of HII’s ROMULUS family of unmanned surface vessels (USVs), a modular AI-enabled line powered by HII’s Odyssey Autonomous Control System and scheduled for availability in 2026.
HII’s unmanned platforms are known for modular design, long endurance and reliable field performance. They support defense, commercial and research missions that include mine countermeasures, hydrographic survey, intelligence collection and environmental monitoring.
An image accompanying this release is available at: http://hii.com/news/hii-expands-european-unmanned-operations-with-new-facility-in-portchester-uk/ .
The expanded Portchester facility will operate as a strengthened regional hub for HII’s unmanned systems. Staffed by U.K. employees, it will drive new jobs and support supplier engagement, maintenance, training and long-term sustainment for operators across the U.K. and Europe. The site will also work in close coordination with HII’s global engineering, production, training and mission support teams to keep programs aligned and effective.
Duane Fotheringham, president of Mission Technologies’ Unmanned Systems business group, said, “This new HII Portchester facility reinforces HII’s long term presence in the United Kingdom and provides a strong foundation for future cooperation. It ensures that U.K. and European operators, suppliers, and partners of ROMULUS USVs and REMUS UUVs receive regional access to world class support, training and sustainment.”
REMUS UUV Family of Systems
REMUS unmanned underwater vehicles are the world’s leading UUV. They use an open-architecture design that supports the rapid integration of new payloads, mission-specific configurations, and future upgrades that ensure operators keep pace with evolving challenges and requirements while managing costs. REMUS systems are in service with more than 30 countries, including 14 NATO members, and are known for dependable operation, advanced sensor performance, and a strong record in mine hunting, reconnaissance and underwater survey missions.
In September, Babcock International Group and HII signed a memorandum of understanding to integrate HII’s REMUS vehicles with Babcock’s submarine Weapon Handling and Launch Systems. The goal is autonomous launch and recovery of UUVs through submarine torpedo tubes, strengthening undersea advantage for allied navies. The partnership builds on the U.S. Navy’s first successful forward-deployed torpedo-tube launch and recovery of a UUV using a REMUS. Babcock’s Weapon Handling and Launch Systems are in service with submarine fleets in the U.K., Canada, Australia, Spain and South Korea.
The Royal Navy has a long partnership with REMUS. Since 2001, the Ministry of Defence has acquired REMUS 100, REMUS 300 and REMUS 600 vehicles for mine countermeasure operations. In 2024, HII announced the sale of three REMUS 100s and five REMUS 300s to the Royal Navy. This order reflects confidence in the upgrade potential and build quality of HII systems and builds on more than two decades of cooperation. The first two REMUS 100s delivered in 2001 remain in active service today.
The REMUS Mine Hunting Capability (MHC) provides high resolution seabed imaging and precise navigation, giving naval teams a fast and reliable tool to counter underwater threats.
The REMUS line includes several variants, each designed for specific mission sets and operating depths. The numbering reflects operational depth and generation.
- REMUS 130: Compact and optimized for shallow-water operations and rapid deployment.
- REMUS 300 : Offers increased range and payload capacity in a lightweight form. Serves as the baseline for the U.S. Navy’s Lionfish program.
- REMUS 620 : Features modular upgrades, modernized electronics, battery life up to 110 hours, and a range of 275 nautical miles. Recently supported submarine launch and recovery operations for the U.S. Navy Submarine Force.
- REMUS 6000 : Operates at depths up to 6,000 meters and is used for deep-sea recovery and complex scientific work.
All REMUS models share a common architecture, allowing operators to scale capability while maintaining system familiarity. More than 90% of REMUS units delivered over the past 23 years remain in service. This highlights the platform’s durability and lifecycle value, two critical factors in defense acquisition.
REMUS Track Record
- Defense : Used by 14 NATO navies for mine warfare, ISR, and seabed mapping.
- Search and Recovery : Played key roles in the search for Air France Flight 447, post-tsunami response in Japan, and the discovery of USS Indianapolis (CA 35).
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Science and Environment
: Supports environmental monitoring, marine archaeology, and oceanographic research. The National Oceanic and Atmospheric Administration is deploying REMUS 620 systems to map seafloor habitats affected by the Deepwater Horizon spill.
HII ROMULUS USV Family of Systems
HII’s ROMULUS family is a modular, AI-enabled line of USVs powered by the Odyssey Autonomous Control System. The flagship, ROMULUS 190, is currently under construction with sea trials planned for 2026.
ROMULUS is built on a commercial-standard hull for rapid, repeatable production. It delivers speeds over 25 knots and a range of 2,500 nautical miles. Large versions of the ROMULUS are capable of carrying four 40-foot ISO containers. ROMULUS is purpose built for global mission deployment and extended autonomous operations.
Powered by the Odyssey ACS, ROMULUS delivers open-ocean autonomy, multi-agent swarming, and modular adaptability. It supports missions that include ISR, counter-unmanned air systems, mine countermeasures, strike, and launch and recovery of UUVs and UAVs.
About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML 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
Contact:
Greg McCarthy
(202) 264-7126
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94034f39-19a5-4191-b4ef-2aaba07f922e