L3 Strengthens Unmanned Maritime Capabilities With Acquisition of ASV Global
September 24 2018 - 8:30AM
Business Wire
L3 Technologies (NYSE:LLL) announced today that it acquired ASV
Global, LLC, a leading unmanned surface vessel (USV) 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 (USV/UUV)
operations. The new company will be known as L3 ASV.
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L3 ASV’s C-Worker 7 is a multi-role work
class autonomous vessel suitable for a variety of offshore and
coastal tasks. (Photo: Business Wire)
“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.”
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. These time-tested capabilities have
been demonstrated on multiple vessel types and sizes with over
1,500 operating days of service. Additionally, the company’s
autonomy systems are consistent with the International Regulations
for Preventing Collisions at Sea, 1972 (COLREGs) published by the
International Maritime Organization.
“L3 continues to collaborate on and deliver best-in-class
maritime sensor, autonomy, USV/UUV, and command and control
technologies,” said Sean J. Stackley, L3’s Senior Vice President
and President of its Communications & Networked Systems
business segment. “Aligning L3 ASV’s proprietary surface vessel
control technology and proven unmanned system autonomy architecture
with our already strong UUV capabilities allows us to stay ahead of
the curve in helping our customers meet their mission
objectives.”
L3 Technologies is an agile innovator and leading provider of
global ISR, communications and networked systems, and electronic
systems for military, homeland security and commercial aviation
customers. With headquarters in New York City and approximately
31,000 employees worldwide, L3 develops advanced defense
technologies and commercial solutions in pilot training, aviation
security, night vision and EO/IR, weapons, maritime systems and
space. The company reported 2017 sales of $9.6 billion.
To learn more about L3, please visit the company’s website at
www.L3T.com. L3 uses its website as a channel of distribution of
material company information. Financial and other material
information regarding L3 is routinely posted on the company’s
website and is readily accessible.
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