HII is Awarded $127 Million Defense Contract for Research, Development, Test and Evaluation of Emerging Technologies

Rhea-AI Summary

HII (NYSE: HII) has secured a $127 million task order from the Defense Security Cooperation Agency (DSCA) for research, development, test, and evaluation of emerging technologies. This five-year contract aims to enhance system integration through advanced software and hardware capabilities, systems engineering, and analysis. The project is expected to improve efficiencies within the Security Cooperation community, aiding the DSCA in achieving milestone success and cost savings, thereby benefiting all DOD-administered Security Assistance programs.

Positive

• Awarded a $127 million contract enhancing technological capabilities.
• Expected to increase efficiencies for the Security Cooperation community.
• Supports DOD in achieving cost savings and milestone success.

Negative

• None.

MCLEAN, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Global defense and technologies partner HII (NYSE: HII) has been awarded a $127 million task order to support the Defense Security Cooperation Agency (DSCA) to perform research, development, test and evaluation of emerging technologies.

Under the task order, HII will enhance the functionality and capability of systems integration through the development of software and hardware capabilities, systems engineering, research and analysis. The support will develop and create new knowledge for the enhancement of the Defense Technical Information Center repository and the research and development, and science and technology community.

“Through proven methodologies and tools, our team will deliver solutions that deliver greater efficiencies across the systems used by the Security Cooperation community,” said Garry Schwartz, president of HII Mission Technologies C5ISR business group. “This will increase DSCA’s ability to achieve milestone success and realize cost savings while addressing enhancements that will benefit all DOD-administered Security Assistance programs.”

A photo accompanying this release is available at: https://hii.com/news/hii-awarded-contract-research-development-test-evaluation.

The five-year contract was awarded under the Department of Defense Information Analysis Center’s (IAC) multiple-award contract by the U.S. Air Force's 774th Enterprise Sourcing Squadron.

The DOD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for the DOD and federal government users. The IAC program serves the DOD science and technology, and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DOD and broader science and technology community.

About HII

HII is an all-domain defense and technologies partner, recognized worldwide as America’s largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S. national security, HII delivers critical capabilities ranging from the most powerful and survivable naval ships ever built, to unmanned systems, ISR and AI/ML analytics. HII leads the industry in mission-driven solutions that support and enable an all-domain force. Headquartered in Virginia, HII’s skilled workforce is 44,000 strong. For more information please visit:

• HII on the web:  https://www.hii.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on Twitter: https://www.twitter.com/wearehii 
• HII on Instagram: https://www.instagram.com/wearehii

Disclaimer. “This material is based upon work supported by the DoD Information Analysis Center Program Management Office (DoD IAC PMO), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA807518D0002.”

Approved for Public Release, Distribution Unlimited. “Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the 774th Enterprise Sourcing Squadron (774 ESS)."

Contact

Greg McCarthy
(202) 302-1202
greg.j.mccarthy@hii-co.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d89acf36-19c0-4825-aa8d-66c0b956d3e1

FAQ

What is the value of HII's recent contract with the DSCA?

HII's recent contract with the DSCA is valued at $127 million.

What will HII do under the $127 million task order?

HII will perform research, development, testing, and evaluation of emerging technologies to enhance system integration.

How long is HII's contract with the DSCA?

The contract with the DSCA is a five-year agreement.

Which agency awarded the contract to HII?

The contract was awarded by the Defense Security Cooperation Agency (DSCA).

What is the purpose of HII's contract with the DSCA?

The purpose is to improve efficiencies and enhance capabilities within the Security Cooperation community.