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HII Hosts Keel Laying of Virginia-Class Attack Submarine Barb (SSN 804)
Globenewswire· 2025-12-09 20:00
Core Points - HII's Newport News Shipbuilding division held a keel laying ceremony for the Virginia-class attack submarine Barb (SSN 804), marking the start of its construction journey [1][2] - SSN 804 is the third U.S. Navy submarine to carry the name Barb, with historical significance from its predecessors during World War II and the Vietnam War [2] - The submarine Barb is the 31st Virginia-class fast attack submarine and the 15th to be delivered by Newport News Shipbuilding, featuring advanced capabilities that enhance firepower, maneuverability, and stealth [8] Company Overview - HII is recognized as the largest military shipbuilder in the U.S., with over 135 years of experience in advancing national security [10] - The company employs a workforce of 43,000 and provides critical capabilities ranging from ships to unmanned systems, cyber, ISR, AI/ML, and synthetic training [10] - HII's mission focuses on delivering powerful ships and all-domain solutions to protect peace and freedom globally [9]
HII Deepens Partnership with Babcock International Group in Support of Virginia-Class Submarine Construction
Globenewswire· 2025-12-09 12:00
Core Points - HII and Babcock International Group have signed a contract to enhance their strategic partnership, focusing on Virginia-class submarine construction at HII's Newport News Shipbuilding division [1][2] - This contract marks the first outsourced agreement for Virginia-class submarines, allowing Babcock to manufacture complex submarine assemblies in Scotland for Block VI fast-attack submarines [2] - The partnership aims to improve supplier capabilities and production resilience, benefiting both U.S. and U.K. defense programs [3][6] Company Overview - HII is a leading global defense provider, recognized as the largest military shipbuilder in the U.S., with a workforce of 44,000 and a history of over 135 years in advancing national security [10][11] - Babcock International Group specializes in defense solutions, focusing on technology integration, engineering, and infrastructure management to enhance defense capabilities globally [11] Strategic Collaboration - The partnership will leverage Babcock's manufacturing expertise to optimize capabilities for the AUKUS security partnership, which includes the U.S., U.K., and Australia [6][3] - Previous collaborations have included initiatives like the Australian Submarine Supplier Qualification program, aimed at integrating Australian suppliers into the U.S. submarine industrial base [7] - A memorandum of understanding was signed to combine HII's unmanned underwater vehicles with Babcock's submarine weapon systems, enhancing the operational capabilities of allied navies [8]
HD Hyundai Signs MOU with Indian State Government to Establish New Shipyard
Prnewswire· 2025-12-08 01:38
Core Viewpoint - HD Hyundai has signed a strategic partnership with the Tamil Nadu state government to establish a new shipyard in India, aligning with India's goal to become one of the top five shipbuilding nations by 2047 [2][3][4]. Group 1: Partnership and Strategic Goals - The partnership aims to enhance shipbuilding capabilities in India, with Tamil Nadu being prioritized for the new shipyard due to its favorable conditions and existing infrastructure [4][5]. - The Indian government is actively pursuing the "Maritime Amrit Kaal Vision 2047," which includes expanding existing shipyards and establishing new facilities [3][4]. Group 2: Location and Infrastructure - The Thoothukudi region in Tamil Nadu is considered an optimal site for the new shipyard, with climate conditions similar to Ulsan, Korea, where HD Hyundai is based [5]. - Tamil Nadu's government is providing incentives and subsidies to attract investments and enhance infrastructure, making the establishment of the shipyard a top priority [4]. Group 3: Collaboration with Local Enterprises - HD Hyundai has signed a Memorandum of Understanding with BEML for collaboration in maritime and port crane development, aiming to build local manufacturing capabilities [6][7]. - The company plans to supply goliath and jib cranes to local shipyards, further expanding its business in India [7][9]. Group 4: Recent Developments and Future Plans - HD Hyundai has successfully delivered a 600-ton Goliath crane to Cochin Shipyard, indicating its commitment to the Indian market [8]. - The company is focused on expanding cooperation in the shipbuilding and offshore sectors, viewing India as a new growth engine [9].
X @Bloomberg
Bloomberg· 2025-12-05 05:02
After years of stagnation in UK shipyards, the next challenge is building warships fast enough, and finding enough workers to do the job https://t.co/4ObHHfBh31 ...
首个、首台、首次!我国多领域实现科技突破
Yang Shi Xin Wen Ke Hu Duan· 2025-12-05 00:04
Group 1 - The first mini robotic arm for shipbuilding in China was showcased, demonstrating advanced welding technology and meeting green construction requirements [2] - The mini robotic arm weighs less than 15 kg and can operate in hard-to-reach areas, enhancing efficiency and product quality in shipbuilding [2] Group 2 - A global breakthrough was achieved by a research team at Westlake University, successfully solving the challenge of close-range flight coordination between two drones [4] - The drones can perform precise operations, such as grabbing tools, with an accuracy of sub-centimeter [4] Group 3 - The first unit of China's largest gas-fired power plant, the Zhejiang Anji Power Plant, was officially put into operation, achieving a high efficiency of 64.15% [6][7] - This power plant is designed to respond accurately to peak and valley electricity demand, contributing to the stability of the East China power grid [7] Group 4 - The first offshore rocket recovery platform in China, named "Navigator," was successfully delivered, designed to create a stable and precise rocket recovery system [9] - The platform faces several technical challenges, including high-precision motion coordination and robust structural design to handle concentrated loads [11]
Media Advisory – Newport News Shipbuilding to Host Barb (SSN 804) Keel Laying
Globenewswire· 2025-12-04 16:45
Core Points - HII's Newport News Shipbuilding division will host the keel laying ceremony for the Virginia-class submarine Barb (SSN 804) on December 9, 2025 [2][3] - The ceremony is not open to the public, but credentialed U.S. media are invited to cover the event [3] - Media will have the opportunity to speak with NNS leadership, a Barb shipbuilder, and the submarine's sponsor, Pamela Bove, after the ceremony [3] Company Overview - HII is the largest military shipbuilder in the U.S. with over 135 years of history in advancing national security [6][7] - The company employs a workforce of 43,000 and provides critical capabilities ranging from ships to unmanned systems, cyber, ISR, AI/ML, and synthetic training [7] - HII's mission is to deliver powerful ships and all-domain solutions to protect peace and freedom globally [6]
Fincantieri Marinette Marine Delivered Final Freedom-Class LCS
Forbes· 2025-12-02 17:10
The U.S. Navy accepted delivery of the future USS Cleveland (LCS 31) from Fincantieri Marinette Marine (FMM) in Marinette, Wisconsin, November 26.U.S. NavyAll good things come to an end, and sometimes the same is true of all not-so-good things. The latter is the best way to describe the United States Navy's Freedom-class littoral combat ships.Last week, the U.S. Navy accepted the delivery of the final vessel, the USS Cleveland (LCS-31), from Fincantieri Marinette Marine. With this, the program of record for ...
X @Bloomberg
Bloomberg· 2025-11-26 21:22
South Korean conglomerate HD Hyundai sees an opportunity to accelerate America’s shipbuilding revival by deploying artificial intelligence https://t.co/AlwYD5SGd7 ...
Fincantieri Marine Group to Reshape Constellation Class Program to Better Support Evolving Needs of the U.S. Navy, Strengthening Strategic Partnership
Businesswire· 2025-11-25 21:52
Fincantieri Marine Group to Reshape Constellation Class Program to Better Support Evolving Needs of the U.S. Navy, Strengthening Strategic Partnership Share TRIESTE, Italy--(BUSINESS WIRE)--As part of a general fleet review launched by the U.S. Navy, aimed at transitioning towards a future model focused on technological excellence, manned and unmanned vessels, and long-term sustainability, Fincantieri and the U.S. Navy have reached a significant agreement that provides for reshaping the future of the Conste ...
Huntington Ingalls Supplies Virginia-Class Submarine to US Navy
ZACKS· 2025-11-25 15:26
Core Insights - Huntington Ingalls Industries (HII) has delivered the Virginia-class fast-attack submarine Massachusetts (SSN 798) to the U.S. Navy, marking the 12th Virginia-class submarine completed by its Newport News Shipbuilding (NNS) division [1][10] - The Virginia-class submarine program showcases strong collaboration between HII and General Dynamics Electric Boat, producing advanced attack submarines for the U.S. Navy [2][4] Company Overview - Newport News Shipbuilding is one of only two shipyards qualified to design and construct nuclear-powered submarines for the U.S. Navy, leveraging decades of submarine-building expertise [3] - The Virginia-class submarines are designed for post-Cold War mission needs, featuring advanced technologies that enhance firepower, maneuverability, and stealth capabilities [4] Market Growth Potential - The global submarine market is projected to grow at a compound annual growth rate (CAGR) of 4.17% from 2025 to 2030, indicating significant growth opportunities for HII in the military submarine sector [5] - Other defense companies such as General Dynamics, Northrop Grumman, and BAE Systems are also positioned to benefit from the expanding submarine market [6] Financial Performance - General Dynamics' Marine Systems segment has a long-term earnings growth rate of 12.81%, with 2025 sales estimated at $51.97 billion, reflecting an 8.9% increase [7] - Northrop Grumman has a long-term earnings growth rate of 4.16%, with 2025 sales projected at $41.89 billion, indicating a 2.1% rise [8] - BAE Systems has a long-term earnings growth rate of 14.45%, with 2025 sales expected to reach $40.68 billion, suggesting a significant increase of 62.9% [11] Stock Performance - HII shares have increased by 37.9% over the past six months, outperforming the industry growth of 9.2% [12]