March 13, 2023
HII STATEMENT ON AUKUS PARTNERSHIP ANNOUNCEMENT
NEWPORT NEWS, Va., (March 13, 2023) — Global all-domain defense provider HII (NYSE: HII) released the following company statement today regarding the trilateral Australia, United Kingdom and United States (AUKUS) partnership announcement:
“HII has a proven track record of safely and efficiently building the best submarines in the world for our U.S. Navy customer, and delivering advanced all-domain military capabilities for America and its allies and partners. As more details become available, HII is prepared to leverage our longstanding expertise in nuclear shipbuilding and defense technologies, and our presence in Canberra, Australia, in support of AUKUS. We look forward to working closely with the U.S., Australian, and British governments to execute on our existing commitments and fulfill our mission in service of those who protect peace and freedom around the world.”
For more information on the trilateral announcement, visit: White House: Australia-UK-US Partnership on Nuclear-Powered Submarines
The White House noted in April 2022 that AUKUS has two lines of effort: The delivery of a submarine capability to Australia, and a broader partnership on advanced capabilities. Today’s announcement concerns the optimal pathway to provide Australia with a conventionally-armed, nuclear-powered submarine only and an announcement for work on advanced capabilities will take place in the future.
About HII
HII is America's Seapower Company. The nation’s largest shipbuilder, HII builds the manned and unmanned maritime systems and all-domain mission technologies that project U.S. and allied power around the world. With a more than 140-year history of advancing U.S. national security, HII is headquartered in Virginia and employs 45,000 people across three divisions.
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