L3 Technologies (NYSE: LLL)Â has bought autonomous unmanned undersea vehicle manufacturer OceanServer Technology for an undisclosed sum, a move that Chairman and CEO Michael Strianese said marksÂ L3’s expansion push into the UUV market.
Fall River, Massachusetts-based OceanServer builds lightweight UUVs for military, commercial and international clients,Â L3 said Tuesday.
The business was renamedÂ L3 OceanServer and integrated intoÂ the defense contractor’s Â sensor systems segment.
Strianese noted the acquisition also providesÂ the New York City-based company with a platform “toÂ support the U.S. Navyâs vision for the tactical employment of UUVs.”
OceanServer’s autonomous underwater vehicle Iver is designedÂ to aid sensor development, general surveying, research, subsurface security and environmental monitoring missions.
L3 said the systemÂ will complementÂ its portfolio of sensor,Â communications,Â intelligence, surveillance and reconnaissance, anti-submarine warfare and mine countermeasuresÂ technology offerings.