:

L3 Acquires UK Firm That Makes Unmanned Surface Vehicles

By Cal Biesecker

Thursday, September 27th, 2018

SHARE:

Adding to its growing franchise of unmanned maritime system capabilities, L3 Technologies [LLL] on September 24 said it has acquired ASV Global, a United Kingdom-based developer and manufacturer of unmanned surface vessels and related technology for commercial, scientific, military and security applications.Terms of the deal, which closed on Sept. 20, were not disclosed. ASV also has operations in the U.S. and has about 150 employees.L3 previously has acquired two small companies that make autonomous underwater vehicles (AUVs) and related technologies, including OceanServer…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]