HII showcases autonomous maritime systems and LVC capabilities at CNE 2026, emphasizing advancements in unmanned technologies for naval operations.
Quiver AI Summary
HII, the largest military shipbuilder in the U.S., is showcasing its advancements in autonomous maritime systems at the Combined Naval Event (CNE) 2026 in Farnborough, UK, from May 19–21. The company highlights its expertise in undersea and surface platforms, unmanned maritime systems, and innovative technologies that enhance mission readiness for military partners including the U.S. Navy and NATO allies. HII’s exhibit features the REMUS family of unmanned underwater vehicles and the AI-enabled ROMULUS unmanned surface vessels, celebrating 25 years of the REMUS platform's service. Recent milestones include advancements in manned-unmanned team operations with submarines and expansion of their capabilities within Europe. HII continues to focus on integrating autonomous maritime technologies to meet evolving naval operational needs.
Potential Positives
- HII is highlighted as America’s largest military shipbuilder, reinforcing its leadership position in the defense sector.
- The company showcased its innovative autonomous unmanned maritime systems and highlighted significant contracts and advancements, enhancing its technological reputation.
- HII's participation in CNE 2026 underscores collaborations with notable military organizations, strengthening relationships with U.S. and allied naval forces.
- The 25th anniversary of the REMUS UUV family emphasizes HII's long-term reliability and operational success, further establishing trust with international clients.
Potential Negatives
- The press release primarily highlights HII's achievements and capabilities, but does not address any potential challenges or competition within the rapidly evolving unmanned maritime systems sector, which may raise concerns about the company's market position.
- While the release mentions progress in various technological advancements, it lacks specific financial metrics or performance indicators that could better illustrate the company's current standing and future growth potential.
- Failure to outline strategic responses to emerging threats and trends in autonomous naval capabilities might suggest a reactive rather than proactive approach to market dynamics.
FAQ
What is HII showcasing at CNE 2026?
HII is showcasing its advancements in autonomous maritime systems, unmanned operations, and integrated LVC capabilities for military applications.
How does HII support the U.S. Navy and allies?
HII provides autonomous capabilities and mission-enabling technologies for naval operations in both undersea and surface domains to enhance mission readiness.
What is the significance of the REMUS UUV family?
The REMUS family, recognized as the leading autonomous underwater vehicle platform, has been operational for over 25 years, serving numerous countries.
What are the key recent milestones for HII's autonomous systems?
Recent milestones include DIU contracts, successful UUV deployments from submarines, and expanded operations in Europe to support allied customers.
How does HII ensure advanced mission capabilities?
HII integrates AI and autonomous systems to address evolving naval operational requirements through partnerships and advanced manufacturing initiatives.
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 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- 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
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 850 shares for an estimated $268,124
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 459 institutional investors add shares of $HII stock to their portfolio, and 416 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
FARNBOROUGH, United Kingdom, May 20, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) is showcasing its role as America’s largest military shipbuilder and a global leader in autonomous unmanned maritime systems at the Combined Naval Event (CNE) 2026, taking place May 19–21 at the Farnborough International Exhibition Centre in the United Kingdom.
At CNE 2026, HII features exhibits and executive presentations highlighting the company’s expertise in unmanned maritime systems, autonomous operations, manned-unmanned teaming, and scalable production of next-generation undersea and surface platforms.
HII is also underscoring its role in designing, developing and operating the largest live, virtual, constructive (LVC) enterprise preparing warfighters for cross-domain battle with advanced technologies to enable mission readiness. HII partners with military experts to combine vendor-agnostic tools and operational experiences for an integrated LVC environment that maintains tactical realism, even as the scope or battlespace changes.
A photo accompanying this release is available at: http://hii.com/news/hii-showcases-next-generation-autonomous-unmanned-maritime-and-lvc-capabilities-at-combined-naval-event-2026/
“HII is proud to be a partner to the U.S. Navy, Royal Navy, NATO allies, and international partners in supporting the growing need for autonomous capabilities and mission enabling technologies in naval operations across both the undersea and surface domains,” said Duane Fotheringham, president of the Unmanned Systems group in HII’s Mission Technologies division. “Our autonomous maritime systems are operating today in some of the world’s most demanding environments, and we continue to advance capabilities that extend mission reach, improve fleet survivability, and strengthen allied interoperability across the maritime domain.”
HII’s exhibit and presentations feature the company’s expanding portfolio of autonomous maritime technologies, including the REMUS family of unmanned underwater vehicles (UUVs) and the ROMULUS family of AI-enabled unmanned surface vessels (USVs) as well as HII’s Odyssey Autonomous Control System (ACS) software suite.
This year marks the 25th anniversary of the REMUS UUV family, widely recognized as the world’s leading autonomous underwater vehicle platform supporting defense, commercial, and scientific missions worldwide. HII has delivered more than 750 REMUS vehicles to over 30 countries, including 14 NATO members, with more than 90% of systems remaining operational after more than two decades of service.
HII’s Odyssey ACS software suite has demonstrated successful performance in U.S. Navy, U.S. Marine Corps, U.S. Coast Guard, and international allied programs. Odyssey’s intuitive interface and enhanced, customizable features generate the required mission behaviors for greater lethality and survivability with simplified control of unmanned swarms across domains, making it a force multiplier for the modern fleet.
HII is also highlighting several recent milestones demonstrating the rapid advancement of autonomous naval capabilities, including:
- A recent U.S. Defense Innovation Unit (DIU) contract award to deliver a submarine Torpedo Tube Launch and Recovery (TTLR) system designed to autonomously deploy and recover HII’s REMUS UUVs from U.S. Navy submarines.
- Successful forward-deployed torpedo tube launch and recovery operations of an HII-built REMUS 600 UUV from USS Delaware (SSN 791), marking a significant advancement in autonomous manned-unmanned teaming for intelligence, surveillance, and reconnaissance (ISR) missions.
- Expansion of HII’s unmanned systems presence in Europe through the recently enlarged Portchester, U.K., facility, which serves as a regional hub supporting allied naval customers, sustainment operations, training, and future deployment of autonomous systems.
- Continued progress toward scaled production of HII’s ROMULUS USV family, including construction of multiple ROMULUS 151 vessels and development of advanced manufacturing initiatives designed to accelerate delivery of autonomous maritime capability to allied fleets.
HII is a leader in integrating manned-unmanned maritime teaming and mission-enabling technologies to address rapidly evolving operational requirements for U.S. and allied naval forces.
This includes the ongoing collaboration with Babcock International Group to integrate autonomous launch and recovery capabilities for UUVs through submarine torpedo tubes, and Babcock’s ARMOR (Autonomous and Remote, Maritime Operational Response) Force initiative, developed to support the U.K. Royal Navy’s next-generation autonomous and crewed maritime programs. The ARMOR Force features integration of HII’s AI-enabled ROMULUS family of USVs as part of future autonomous fleet capabilities.
HII’s autonomous maritime systems support a broad range of missions, including mine countermeasures, ISR, seabed warfare, hydrographic survey, counter-unmanned systems operations, strike missions, and launch and recovery of unmanned aerial and underwater vehicles.
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/baf7df9e-6096-4056-852e-2950d167110a