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HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


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https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

HII expects to break into new markets through AUKUS

by Michael Fabey

HII prepares to deliver Virginia-class submarine New Jersey as the company looks to open new markets through AUKUS deal. (Janes/Michael Fabey)

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submarine programme development as a vehicle for new international business.

“We actually see that as an opening of markets,” Christopher Kastner, HII CEO and president told investment analysts on 2 November, during a quarterly earnings call.

In particular, HII expects to realise new market opportunities in both Australia and the UK, Kastner said.

HII is following the lead of the US Navy (USN) on how to move forward with AUKUS matters. The USN is being “methodical”, he said.

The short-term benefits of the deal are “really not material financially”, he said, adding the benefits are more “top line” with more “medium- to long-term” opportunities.

Still, he added, the company needs to take steps now to ensure it is prepared for AUKUS work and future opportunities.

He said federal funds “could flow next year” for needs such as workforce development, supply chain assessment, and infrastructure support.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/hii-expects-to-break-into-new-markets-through-aukus/

HII sees the AUKUS agreement made by Australia, the United Kingdom, and the United States for submar...

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