L3 Technologies [LLL] on Tuesday said it has acquired OceanServer Technology, a small developer and manufacturer of autonomous unmanned undersea vehicles for military, commercial and international customers.
Terms of the deal were not disclosed. The acquisition closed on March 17.
Based in Massachusetts, OceanServer has delivered more than 250 of its Iver Autonomous Underwater Vehicles, which L3 said is the first commercially-developed low-cost AUS. The Iver is single man-portable and is used for coastal applications such as sensor development, general survey work, subsurface security, research and environmental monitoring.
OceanServer has 15 employees.
L3 said the acquisition complement its existing portfolio of sensor and communication offerings as well as its intelligence, surveillance and reconnaissance, anti-submarine warfare, and mine countermeasures capabilities.
“OceanServer Technology positions L3 to support the U.S. Navy’s vision for the tactical employment of UUVs,” Michael Strianese, L3’s chairman and CEO, said in a statement. “This acquisition also enhances our technological capabilities and strengthens our position in growth areas where we see compelling opportunity. As a leading innovator and developer of UUVs, OceanServer Technology provides L3 with a new growth platform that is aligned with the U.S. Navy’s priorities.”