Tag Archives: Kongsberg Maritime

TYSONS CORNER, VA, April 13, 2020 — Andy Green, president of Huntington Ingalls Industries' (NYSE: HII) technical solutions division, said the acquisition of marine robotics technology developer Hydroid complements HII's unmanned underwater vehicles portfolio, ExecutiveBiz reported March 27.

Executive Mosaic is honored to present Andy Green, executive vice president and president of technical solutions for Huntington Ingalls Industries, as an inductee into the 2020 Wash100 Award for his leadership to drive HII’s technical solutions business through contract awards, acquisition and advancing the company’s capabilities in emerging technology. 

Mike Petters, CEO of Huntington Ingalls Industries and a previous Wash100 award winner, said the company plans to tap into the U.S. Navy’s increasing demand for unmanned underwater vehicles, USNI News reported Thursday.

Andy Green, president of Huntington Ingalls Industries’ technical solutions division and a 2020 Wash100 award winner, said the move to acquire Kongsberg Maritime’s Hydroid subsidiary complements HII’s previous activities in the unmanned underwater vehicles market, the Daily Press reported Tuesday.

A fresh Research and Markets report has projected the global autonomous underwater vehicles market’s growth to rise at 13.42 percent annually over the next five years, reaching $343.4 million by 2020. Research and Markets stated that the report expects the commercial, scientific and defense sectors to drive demand for AUVs, …

A new Research and Markets report has forecast a sonar systems and technology market worth $4.90 billion by 2020 from $3.41 billion in 2014. The report tackles various factors that influence market dynamics and examines the technology’s landscape in more than 12 countries, Research and Markets said Tuesday. The market analyst noted that tier-one market players, including Ultra Electronics, …