HII Unveils First REMUS 130 UUV Delivery and $53B Backlog Signals 152% Upside
HII•HII delivered the first REMUS 130 unmanned underwater vehicle to a U.S. ally, featuring a 100 m depth rating, 10 h endurance and open-architecture Odyssey ACS for modular payloads. A $53 billion backlog, sole-source carrier status and recent CapEx underpin a DCF base case with limited upside and a relative valuation signaling 152% potential.
1. First REMUS 130 Delivery
HII delivered the first REMUS 130 unmanned underwater vehicle to a U.S. ally in POCASSET, Massachusetts, marking deployment of the third-generation platform built on over 25 years of REMUS operational success.
2. Advanced Platform Features
The REMUS 130 offers a compact, two-person-portable design, 100 m maximum depth, 10 h endurance, field-swappable batteries and open-architecture Odyssey ACS for rapid payload integration and mission flexibility.
3. Financial Backlog and Valuation
With a $53 billion backlog, sole-source status for nuclear aircraft carriers and recent production CapEx, HII’s conservative DCF base case shows limited upside but relative valuation metrics indicate up to 152% potential.
