Abstract: In a system for interconnecting buoyant float sections in an articulated manner, a receiver assembly for automatically engaging a connector of a type having a longitudinally inclined nose section and a pair of transverse locking grooves. The receiver assembly comprises a receiver housing with an interior channel, a U-shaped locking guillotine member and a locking assembly. The locking guillotine is slideably introduced into a transverse slot in the receiver housing; it rests on a pair of locking bars in the locking assembly with the legs of the locking guillotine extending part-way into the interior channel of the receiver assembly. As the connector is extended into the channel, the legs of the locking guillotine contact the inclined surface of the connector nose section, causing the locking guillotine to slide up within the slot until aligned with the connector locking grooves. The locking guillotine then falls, the guillotine legs sliding down within the locking grooves, to effect interengagement.