HII (HII) 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,” the company said. In addition to supporting regional unmanned customers, the Portchester facility will serve as a European hub for HII’s Mission Technologies division, enabling customer support for U.S. combatant commands and allied missions.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HII:
- HII price target raised to $412 from $362 at Bernstein
- Trump Weekly: President blasts institutional home buying, Defense buybacks
- Midday Fly By: Defense stocks surge on Trump budget request
- Trump Trade: Trump vows to curb institutional home buying
- Early notable gainers among liquid option names on January 8th
