Latest news with #C5ISR
Yahoo
25-06-2025
- Business
- Yahoo
Is Huntington Ingalls Stock Outperforming the Dow?
Valued at a market cap of $9.1 billion, Huntington Ingalls Industries, Inc. (HII) is a leading military shipbuilder and a provider of advanced defense technologies. The Newport News, Virginia-based company delivers nuclear-powered aircraft carriers, submarines, amphibious assault ships, destroyers, national security cutters, and innovative C5ISR and autonomous systems. Companies valued at $2 billion or more are typically classified as 'mid-cap stocks,' and HII fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the aerospace & defense industry. The company distinguishes itself as one of the largest military shipbuilders in the U.S. and the sole producer of U.S. Navy nuclear-powered aircraft carriers. Its deep expertise, skilled workforce, and multi-decade contracts provide long-term revenue visibility and national security alignment. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! This military shipbuilder is currently trading 19% below its 52-week high of $285.81, reached on Aug. 1, 2024. HII has soared 12.5% over the past three months, outpacing the Dow Jones Industrial Average's ($DOWI) 1.2% rise during the same time frame. Moreover, on a YTD basis, shares of HII are up 22.6%, outperforming DOWI's 1.3% return. However, in the longer term, HII has declined 7.8% over the past 52 weeks, lagging behind DOWI's 9.3% uptick over the same time frame. To confirm its bullish trend, HII has been trading above its 200-day moving average since late April, and has remained above its 50-day moving average since early March, with minor fluctuations. HII's shares plunged 1.2% on May 1 following its mixed Q1 earnings release. Weaker performance across all three of its reportable segments led to a 2.5% year-over-year decline in the company's total sales and service revenue to $2.7 billion. This top-line figure fell short of the consensus estimates by 2.2%. However, on a positive note, while its EPS of $3.79 fell 2.1% from the same period last year, it topped the forecasted figure by a notable margin of 30.7%. The strong bottom-line outperformance was supported by higher segment operating income, aided by successful cost-saving initiatives. HII has lagged behind its rival, General Dynamics Corporation's (GD) 5.9% drop over the past 52 weeks. However, it has outpaced GD's 6.7% uptick on a YTD basis. Despite HII's recent outperformance, analysts remain cautious about its prospects. The stock has a consensus rating of "Hold' from the 10 analysts covering it, and the mean price target of $240.36 suggests a 3.8% premium to its current price levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Axios
04-06-2025
- Business
- Axios
Exclusive: Maxar and Saab seek stronger Europe in new partnership
Maxar Intelligence and Saab are expanding their partnership, this time focused on geospatial intelligence, drone autonomy and improved targeting. Why it matters: The collaboration could bolster European security at a time when Russia's war machine looms large and a rearmed continent remains a hot topic. "We can transfer that knowledge, their capabilities, into European defense in several different ways," Per Järbur, director of strategy and future capabilities at Saab's Dynamics business area, told Axios. Zoom in: The deal gives Saab access to Maxar's satellite imagery and terrain data, as well as software like Raptor, which lets drones navigate in the absence of GPS with no additional, bolted-on equipment. The two companies tested Raptor in multiple countries, but did not specify which. "If you think about the geo-accuracy of what we're doing, we're within a couple of meters … for things like targeting and so forth," Dan Smoot, Maxar Intelligence's chief executive, said in an interview. "That's the power of having this rapid and precise 3D capability built into Raptor." Zoom out: The goal is to have an immediate effect. Both companies mentioned strengthening C5ISR, or command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance.
Associated Press
04-06-2025
- Business
- Associated Press
Maxar and Saab Agree Strategic Partnership to Develop Multi-Domain Battlespace Solutions and Advance Europe's Space-Based Capabilities
WESTMINSTER, Colo.--(BUSINESS WIRE)--Jun 4, 2025-- Maxar Intelligence, the leading provider of secure, precise geospatial insights, today announced a strategic partnership with Saab to jointly develop next-generation multi-domain battlespace solutions, with a specific focus on advanced space-based C5ISR systems (Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance) for the digital battlefield and GPS resilience for autonomous drone systems. These solutions will help Europe accelerate the development of more advanced sovereign space-based capabilities. This press release features multimedia. View the full release here: Maxar Intelligence and Saab are partnering to develop next-generation battlespace solutions. Using Maxar's industry-leading geospatial intelligence products and its Raptor technology, the two partners will develop new technologies for advanced C5ISR and effective operation of autonomous drone systems in GPS-denied environments. (Graphic: Maxar Intelligence) Through a Teaming Agreement, Saab can access Maxar's geospatial intelligence and advanced mission products like Raptor, as well as draw upon the company's technical expertise. The deal expands on Maxar's existing relationship with Saab, which has most recently focused on deploying Maxar's Raptor product for autonomous drone navigation and operation in GPS-denied environments. 'This partnership will bring together Maxar's industry-leading geospatial intelligence products with Saab's highly advanced defense systems to solve some of the most complex tactical and operational challenges across the battlespace today—from powering more intelligent, real-time multi-domain command and control systems to helping autonomous systems overcome GPS jamming,' said Dan Smoot, Maxar Intelligence CEO. 'The deal also reflects the growing realization that geospatial intelligence can go beyond powering analyst workflows to powering mission-focused software products deployed at the tactical edge.' 'And, most importantly, our partnership with Saab underscores Maxar's deep commitment to supporting our international customers as they continue to build up their sovereign defense capabilities, both in Europe and across the globe,' Smoot continued. The agreement builds on successful joint testing of Maxar's Raptor software product. The technology was tested with Saab in multiple countries, including a demo in real-world conditions where the product demonstrated the ability to accurately extract ground coordinates within an accuracy of less than 2 m. 'Our collaboration with Maxar represents a significant leap forward in our commitment to use information from the Space domain and thereby enhancing the strategic defense capabilities of Europe and beyond,' says Görgen Johansson, head of Saab business area Dynamics. 'By integrating Maxar's high-end geospatial insights and satellite capabilities with our advanced defense systems, we are setting new standards in the effectiveness and reliability of military operations across multiple domains.' Maxar's geospatial intelligence products will also help Saab build more advanced C5ISR solutions through secure access to the most advanced commercial satellite imagery in near real-time. Maxar's global 3D terrain data unlocks unique opportunities for real-time multi-source data fusion, enabling truly joint multi-domain operations, seamless interoperability between autonomous systems and enhanced mission coordination. About Maxar Intelligence Maxar Intelligence is a leading provider of secure, precise geospatial insights. Operating the most advanced commercial Earth observation constellation on orbit, we use the power of very high-resolution satellite imagery and software technology to deliver mission success on Earth and in space. Our secure, AI-powered products and services deliver ground truth in near real-time to keep nations safe, improve navigation, protect our planet, speed up disaster response and more. For more information, visit View source version on CONTACT: Media Contact: Tomi Maxted Maxar Intelligence [email protected] KEYWORD: COLORADO EUROPE UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY SECURITY SATELLITE AEROSPACE MANUFACTURING SOFTWARE NETWORKS INTERNET DATA MANAGEMENT SOURCE: Maxar Intelligence Copyright Business Wire 2025. PUB: 06/04/2025 06:30 AM/DISC: 06/04/2025 06:28 AM
Business Wire
04-06-2025
- Business
- Business Wire
Maxar and Saab Agree Strategic Partnership to Develop Multi-Domain Battlespace Solutions and Advance Europe's Space-Based Capabilities
WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Intelligence, the leading provider of secure, precise geospatial insights, today announced a strategic partnership with Saab to jointly develop next-generation multi-domain battlespace solutions, with a specific focus on advanced space-based C5ISR systems (Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance) for the digital battlefield and GPS resilience for autonomous drone systems. These solutions will help Europe accelerate the development of more advanced sovereign space-based capabilities. Through a Teaming Agreement, Saab can access Maxar's geospatial intelligence and advanced mission products like Raptor, as well as draw upon the company's technical expertise. The deal expands on Maxar's existing relationship with Saab, which has most recently focused on deploying Maxar's Raptor product for autonomous drone navigation and operation in GPS-denied environments. 'This partnership will bring together Maxar's industry-leading geospatial intelligence products with Saab's highly advanced defense systems to solve some of the most complex tactical and operational challenges across the battlespace today—from powering more intelligent, real-time multi-domain command and control systems to helping autonomous systems overcome GPS jamming,' said Dan Smoot, Maxar Intelligence CEO. 'The deal also reflects the growing realization that geospatial intelligence can go beyond powering analyst workflows to powering mission-focused software products deployed at the tactical edge.' 'And, most importantly, our partnership with Saab underscores Maxar's deep commitment to supporting our international customers as they continue to build up their sovereign defense capabilities, both in Europe and across the globe,' Smoot continued. The agreement builds on successful joint testing of Maxar's Raptor software product. The technology was tested with Saab in multiple countries, including a demo in real-world conditions where the product demonstrated the ability to accurately extract ground coordinates within an accuracy of less than 2 m. 'Our collaboration with Maxar represents a significant leap forward in our commitment to use information from the Space domain and thereby enhancing the strategic defense capabilities of Europe and beyond,' says Görgen Johansson, head of Saab business area Dynamics. 'By integrating Maxar's high-end geospatial insights and satellite capabilities with our advanced defense systems, we are setting new standards in the effectiveness and reliability of military operations across multiple domains.' Maxar's geospatial intelligence products will also help Saab build more advanced C5ISR solutions through secure access to the most advanced commercial satellite imagery in near real-time. Maxar's global 3D terrain data unlocks unique opportunities for real-time multi-source data fusion, enabling truly joint multi-domain operations, seamless interoperability between autonomous systems and enhanced mission coordination. About Maxar Intelligence Maxar Intelligence is a leading provider of secure, precise geospatial insights. Operating the most advanced commercial Earth observation constellation on orbit, we use the power of very high-resolution satellite imagery and software technology to deliver mission success on Earth and in space. Our secure, AI-powered products and services deliver ground truth in near real-time to keep nations safe, improve navigation, protect our planet, speed up disaster response and more. For more information, visit
Associated Press
15-05-2025
- Business
- Associated Press
Baker Tilly Case Study: Global Engineering and Defense Technologies Provider Successfully Implements Deltek Costpoint
Client background HII Mission Technologies (Huntington Ingalls Industries) is the largest military shipbuilder and a global engineering and defense technologies provider, with over 135 years in trusted partnerships with the US national security. As HII has evolved and built a longstanding shipbuilding legacy, they've advanced to provide delivery critical technology solutions. These include unmanned systems, artificial intelligence and machine learning, synthetic training, electronic warfare, and C5ISR: Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance. HII's ongoing digital transformation efforts extend into all business areas and impact the entire workforce. The business challenge When HII completed an acquisition that doubled its size, two ERP systems needed to be combined to ensure operations went smoothly. The newly acquired company needed to be quickly converted into the same ERP system that HII had been relying upon for so many years. Integrating such an enormous entity into HII's Costpoint infrastructure would be a challenging project. HII has over 7,000 employees, with all of them using their timekeeping capabilities and Costpoint. In addition, HII works with 1,200 subcontractors that also rely on the time system, program managers and project controllers, all managing and monitoring projects and back-office staff. Baker Tilly, as a Deltek system's integrator, worked with HII and synchronized systems across the two organizations and ensured the needs of both sides were met. Strategy and solution Deltek Costpoint has been HII's ERP of choice for operations management for more than two decades. As Costpoint's ERP is project-based and built specifically for government contractors, it offers an all-in-one system delivering innovation and intelligence across the project lifecycle. Baker Tilly helped HII implement Costpoint for the newly acquired company. Despite the size and complexity of the implementation, Baker Tilly successfully completed the project in months. 'I think it's important to focus on the scale and timeline of this project,' says Colt Meraw, Senior Manager on Baker Tilly's team. 'HII acquired a multibillion-dollar company that was running on a JAMIS system, and we were able to successfully complete a mid-year conversion within just six months.' As part of the integration project, Baker Tilly also worked closely with Deltek Global Consulting's data conversion team to help them translate requirements and convert and validate data. Having completed in June 2022, and experiencing six months on a combined system, HII is still harvesting benefits and seeing huge success. Why choose Baker Tilly Baker Tilly was Deltek's first strategic alliance partner to provide consultancy services as part of their ERP implementation project. Helping government contractors leverage technology solutions through specialist knowledge and project management rigor. By leveraging Deltek Costpoint in the Cloud, HII will be able to embrace its future of enterprise transformation and solidify its position as the nation's largest military shipbuilder. Interested in learning more? Connect with a Baker Tilly specialist today.
