Huntington Ingalls Industries Closes the Acquisition of Hydroid Inc.

NEWPORT NEWS, Va., March 26, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that it has closed on the previously announced acquisition of Hydroid Inc., a leading provider of advanced marine robotics to the defense and maritime markets. In conjunction with the transaction, HII and Kongsberg Maritime have established a strategic alliance to jointly market naval and maritime products and services to the U.S. government market and potentially to global markets.

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