ASV Global Becomes Part of L3 Technologies
- Business & Finance
New York-based L3 Technologies has acquired unmanned surface vessel (USV) and autonomous vessel control systems company ASV Global.
This acquisition should enhanced L3’s unmanned maritime capabilities, including integrated anti-submarine warfare (ASW) solutions, future surface combatant unmanned off-board sensors, and integrated unmanned surface and undersea vessel (USV/UUV) operations.
The new company will be known as L3 ASV, based in Louisiana and the United Kingdom.
“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, CEO 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.”
The financial details surrounding the deal have not been disclosed.