Latest news with #HII
Bangkok Post
2 days ago
- Climate
- Bangkok Post
Experts sound drought warning for next year
As Typhoon Wipha weakens, its immediate impacts, such as flooding in parts of the North, are gradually receding. However, experts are sounding the alarm over more serious challenges ahead, including flash floods, water shortages, and a potential drought crisis in 2026. The Hydro-Informatics Institute (HII) is warning that rainfall across Thailand is expected to decline by 4-9% during August and September. This is part of broader shifts tied to climate change, including the transition from La Niña to either neutral (La Nada) or El Niño conditions, factors that will affect Thailand's water availability well into next year. At a public forum titled "Water and Climate Alert: Rain Monitor for 2025 Storm Forecast", held on Wednesday, HII analysts warned extreme weather events are likely to increase in intensity and unpredictability. Sudden droughts, driven by fluctuating rainfall, are expected to emerge in the latter half of this year, particularly affecting southern and inland provinces. HII director Royboon Rassamethes said northern provinces such as Chiang Rai, Nan, and Phayao already experienced heavy rainfall this month, exceeding 150 mm per week in some areas. Despite current flooding, the concern is now centring on how rapidly water levels might decline, leaving reservoirs understocked and agricultural areas vulnerable to drought. Looking ahead, Thailand is projected to face a water shortage of over 4,450 million cubic metres by 2026. National water reserves fall short of the 12,000 million cubic metres needed to sustain critical demand. In response, authorities are being urged to speed up work on irrigation systems and large-scale water diversion plans, redirecting floodwaters into storage pools and high-demand agricultural zones. Mr Royboon said "the next four weeks are crucial", as accumulated rainfall could trigger more flash floods while simultaneously masking the onset of longer-term water scarcity. He urged the public to monitor forecasts, updated four times daily, and to use the ThaiWater application for 48-hour alerts at the sub-district level. From November to December, heavier-than-normal rainfall is expected across the western coast of southern Thailand, while eastern provinces will see typical monsoonal patterns. However, overall, 2025 rainfall is projected to be significantly lower than in 2024, underscoring the urgency of strategic water management. The HII is working closely with public and private partners to enhance forecasting accuracy. "By integrating drone technology and advanced monitoring tools, we are upgrading our real-time response capability. "These innovations will improve early warnings and support long-term planning for Thailand's water security," Mr Royboon said. Meanwhile, the aftermath of Typhoon Wipha continues to affect residents in northern Thailand, particularly in Nan province. Reporters say floodwaters have inundated parts of the city for three consecutive days, and although levels have begun to recede slightly, many areas remain submerged, some as deep as two metres. Roads leading into Nan City, such as the route from Ban Luang district to the Phan Ton intersection in the municipal area, remain underwater. While some vehicles are now partially visible, flood levels in the economic zone remain over one metre deep. Rescue teams are using boats to transport residents in and out of their homes, helping them access essential supplies, as aid cannot reach some locations.
Yahoo
4 days ago
- Business
- Yahoo
Is Huntington Ingalls Industries (HII) Stock Outpacing Its Aerospace Peers This Year?
Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Is Huntington Ingalls (HII) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question. Huntington Ingalls is a member of our Aerospace group, which includes 58 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Huntington Ingalls is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for HII's full-year earnings has moved 4.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, HII has moved about 40.5% on a year-to-date basis. Meanwhile, stocks in the Aerospace group have gained about 26.9% on average. This means that Huntington Ingalls is outperforming the sector as a whole this year. Another stock in the Aerospace sector, Safran SA (SAFRY), has outperformed the sector so far this year. The stock's year-to-date return is 53.5%. The consensus estimate for Safran SA's current year EPS has increased 6.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Huntington Ingalls belongs to the Aerospace - Defense industry, a group that includes 24 individual stocks and currently sits at #96 in the Zacks Industry Rank. On average, stocks in this group have gained 27.5% this year, meaning that HII is performing better in terms of year-to-date returns. Safran SA is also part of the same industry. Huntington Ingalls and Safran SA could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntington Ingalls Industries, Inc. (HII) : Free Stock Analysis Report Safran SA (SAFRY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
5 days ago
- Business
- Globe and Mail
HII is Awarded Task Order to Develop Training Simulations for the U.S. Air Force and U.S. Space Force
MCLEAN, Va., July 24, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $74 million task order to provide modeling and simulation capabilities to the U.S. Air Force that will inform technology-fielding decisions for the space community. Under the five-year effort, HII will continue to support the U.S. Air Force Research Laboratory's (AFRL) Space Vehicles Directorate, providing end-to-end modeling and simulation capabilities to the U.S. Air Force, U.S. Space Force and strategic partners. The work includes the development of simulations that will enable space units to train from their wartime locations. 'Modeling and simulation are central to the U.S. Air Force's ability to meet its top priorities, particularly in the space domain, which presents a unique set of challenges,' said Michael Lempke, president of Mission Technologies' Global Security group. 'We're pleased to continue our longstanding partnership with the AFRL and offer an operationally relevant solution set that will significantly enhance our space guardians' readiness as well as the survivability of U.S. assets in an increasingly more complex multi-domain environment.' The team is also developing decision aid software, which uses machine-to-machine data collection to enable decision-making required by space command and control organizations. HII was awarded the task order under the U.S. Department of Defense's Information Analysis Center Multiple Award Contract (IAC MAC) vehicle. The IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to 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. Work will be performed at Kirtland Air Force Base in New Mexico. HII develops groundbreaking technology for the U.S. Space Force and combatant commands, including U.S. Space Command, U.S. Strategic Command and others in the role of space support for training, test and analysis. About HII 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: The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, 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. This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA8075 18D0002. Contact:
Yahoo
6 days ago
- Business
- Yahoo
REMUS 620 Validated for Torpedo Tube Deployment
Joint Team Hits Key Milestone in Submarine-Launched UUV Ops POCASSET, Mass., July 23, 2025 (GLOBE NEWSWIRE) -- A joint team from HII (NYSE: HII), Woods Hole Oceanographic Institution (WHOI), and U.S. Navy's Naval Undersea Warfare Center Division Newport (NUWCDIVNPT) recently completed a major milestone in advancing the U.S. Navy Submarine Force's initiative to launch and recover autonomous undersea vehicles from submarine torpedo tubes. A test by the joint team confirmed the compatibility of the REMUS 620 with the SAFECAP, Virginia-class submarine weapons handling and torpedo tube systems, and other critical interfaces. 'This clears the way for continued testing in advance of an in-water end-to-end launch and recovery at a U.S. Navy test fixture facility later this summer,' said Adrian Gonsalves, HII's REMUS 620 product lead. Rick Thornton, NUWCDIVNPT Code 459, stated, 'Our team appreciated the early coordination with HII and WHOI. The REMUS 620 team arrived ready to go, and all events were executed safely and efficiently with good information exchange throughout. Much appreciate the full test team for its efforts.' A photo accompanying this release is available at: HII's next-generation medium uncrewed underwater vehicle (MUUV) fitted with WHOI's Yellow Moray docking technology, successfully completed a full end-to-end dry checkout of the Autonomous Underwater Vehicle/Shock and Fire Enclosure Capsule (AUV/SAFECAP) "All-Up Round" (AUR) in the Virginia-class Cradle Payload Integration Facility (VCCPIF) and its Mk71 torpedo tube. This follows USS Delaware (SSN 791), built by HII, successfully completing the first-ever forward-deployed launch and recovery of a UUV via submarine torpedo tube with the Yellow Moray equipped REMUS 600 UUV. HII is expanding the U.S. Navy's undersea dominance and range with state-of-the-art REMUS technology and delivery. About the REMUS UUV The REMUS UUV family delivers critical advantages across modern naval operations and the autonomous systems have been proven to operate independently or in conjunction with crewed platforms — such as Virginia-class nuclear submarines — to extend mission range, reduce detection risk, and limit personnel exposure. The REMUS open-architecture design allows rapid payload integration, enabling mission-specific configurations and future tech insertions — key factors in maintaining operational relevance and cost efficiency over time. To date, HII has sold more than 700 REMUS vehicles to over 30 countries, including 14 NATO members. Notably, over 90% of REMUS units delivered in the past 23 years remain in service, demonstrating platform durability and lifecycle value — both critical in defense acquisition decision-making. About HII 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: HII on Facebook: HII on X: HII on Instagram: Contact: Greg McCarthy(202) A photo accompanying this announcement is available at in to access your portfolio
Globe and Mail
21-07-2025
- Business
- Globe and Mail
HII Summer Interns Research Top Use Cases for AI, Present Findings to Company Leadership
NEWPORT NEWS, Va., July 21, 2025 (GLOBE NEWSWIRE) -- HII's (NYSE: HII) summer interns are collaborating on a research project designed to investigate the top use cases for artificial intelligence in HII's corporate office. 'Internships are an invaluable way of developing the next generation of leaders to help shape the future of our company and the shipbuilding industry,' said Edmond Hughes, executive vice president and chief human resources officer at HII. 'At a time when there is a generational increase in demand for ships, manufacturing labor challenges and rising wages in the industry, we need to seriously focus on attracting the brightest and best that can solve the challenges of today and tomorrow.' This cohort-led project by HII corporate office interns explores how AI can enhance current processes at the company's headquarters. The intern team conducted research and interviews, developed surveys, and worked across departments to reach their conclusions and develop a comprehensive presentation for senior leadership. 'This experience has been an incredible opportunity to apply what I've learned at school to a real world setting,' said Courtney Cruce, a HII intern and rising senior at Virginia Tech. 'Researching AI has proved to be challenging but very rewarding.' Photos accompanying this release are available at: HII offers summer internship opportunities with the HII corporate office and all three HII divisions: Ingalls Shipbuilding, Mission Technologies and Newport News Shipbuilding. Summer interns work full-time (40 hours a week) for 10 consecutive weeks and are able to gain invaluable experience that prepares them with the skills and knowledge needed to start a rewarding career serving national defense. 'To attract the best we know it is key to offer interns competitive pay, and in select locations provide those we can with housing assistance,' Hughes said. 'The more assistance we can provide enables a larger pool of interns we can attract. It's a win-win.' HII will start accepting applications for 2026 summer internships this fall. To learn more about internship and career opportunities at HII, visit About HII 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 uncrewed systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: Contact:
