Acquisition of autonomous vessel systems company

L3 Technologies acquired ASV Global, LLC, a leading unmanned surface vessel and autonomous vessel control systems company on September 20. This acquisition strategically enhances L3’s full spectrum of unmanned maritime capabilities, including integrated anti-submarine warfare (ASW) solutions, future surface combatant unmanned off-board sensors, and integrated unmanned surface and undersea vessel operations. The new company will be known as L3 ASV. https://www.businesswire.com/news/home/20180924005437/en/

Based in Louisiana and the United Kingdom, L3 ASV delivers surface vessels in a range of sizes, currently from 10 to 42 feet, with proprietary software and control systems and proven unmanned system autonomy architectures

“Autonomous capabilities for surface ships and undersea vessels are top priorities for our naval and commercial maritime customers, and we are increasing our investments to lead in this strategic growth area and strengthen L3’s position as a leading supplier of maritime solutions,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “The addition of L3 ASV enables us to deliver both unmanned surface and undersea vehicle technologies to an expanded international customer base and take a prime contractor position on major unmanned systems.”