HII Signs Strategic Collaboration Agreement with AWS to Fast-Track Mission-Critical Capability Development

Rhea-AI Summary

HII has signed a three-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to enhance mission-critical capabilities. This partnership will focus on developing solutions for defense and intelligence customers, including digital shipyard transformation, next-generation seapower capabilities, and warfighter training readiness. These initiatives will be managed by Dark Sea Labs, HII's advanced technology unit. The collaboration aims to leverage AI, machine learning, edge computing, and cloud modernization to deliver high-quality manufacturing and operational advantages.

The agreement centralizes previous engagements with AWS under a single executive champion, signifying a more unified and strategic collaboration. HII, headquartered in Virginia, employs 44,000 people and is the largest military shipbuilder in the U.S., specializing in various defense domains. The company has a 135-year history in advancing national security.

Positive

• HII signed a three-year Strategic Collaboration Agreement (SCA) with AWS, enhancing strategic partnerships.
• Focus on developing priority solutions for defense and intelligence customers.
• Initiatives include digital shipyard transformation and next-generation seapower capabilities.
• Collaboration managed by Dark Sea Labs, HII's advanced technology unit.
• Leveraging AI, machine learning, edge computing, and cloud modernization in projects.
• Centralized engagement under a single executive champion, streamlining efforts.
• HII has a strong workforce of 44,000 employees.
• HII is the largest military shipbuilder in the U.S. with a 135-year history in national security.

Negative

• The press release lacks specific financial details regarding the agreement.
• Potential for high costs associated with implementing advanced technologies like AI and machine learning.
• No immediate impact on stock price mentioned, implying uncertainty in short-term benefits.
• Centralization of engagements could lead to complexities in management and execution.

NEWPORT NEWS, Va., May 15, 2024 (GLOBE NEWSWIRE) -- HII announced today that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The three-year SCA formally expands on the existing relationship between AWS and HII, in support of the company’s development and delivery of mission-critical capabilities.

Under the agreement, HII and AWS will collaborate on priority solutions for HII’s defense and intelligence customers, such as digital shipyard transformation, next generation seapower capabilities, warfighter training readiness, commercial space initiatives, and more. These projects will be under the cognizance of Dark Sea Labs, HII’s advanced technology unit overseen by the chief technology officer.

“We’re living in a time of unprecedented technological change and urgency,” HII Executive Vice President and Chief Technology Officer Todd Borkey said. “There is no better time to augment HII’s existing capabilities in the areas of artificial intelligence (AI) and machine learning, edge computing, and cloud migration and modernization, to achieve first-time quality in manufacturing and deliver the advantage for HII’s customers across all domains and services.”

The agreement will evolve HII’s and AWS’ relationship into one of creative solution shaping. Previous HII relationships with AWS will be superseded by a centralized engagement under an executive champion.

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

• HII on the web: https://www.HII.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on X: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII

Contact:

Greg McCarthy
(202) 264-7126
gregory.j.mccarthy@hii-co.com

FAQ

What is the significance of the Strategic Collaboration Agreement between HII and AWS?

The agreement aims to enhance mission-critical capabilities through advanced technologies like AI and machine learning.

What are the key focus areas of the HII and AWS collaboration?

The focus areas include digital shipyard transformation, next-generation seapower capabilities, and warfighter training readiness.

Who will oversee the projects under the HII and AWS agreement?

The projects will be managed by Dark Sea Labs, HII's advanced technology unit.

How will this agreement impact HII's existing relationships with AWS?

The agreement will centralize previous engagements with AWS under a single executive champion.

What is HII's role in the defense industry?

HII is the largest military shipbuilder in the U.S. and specializes in various defense domains, including unmanned systems, cyber, and AI.