Home / M&A Activity / L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market.

L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods.

Christopher Kubasik, L3 president and chief operating officer, said the transaction would provide L3 access to Adaptive Methods’ unmanned undersea vehicle platforms and further support the U.S. Navy’s requirements.

Kubasik, an inductee into Executive Mosaic’s Wash100 for 2017, added the company will integrate Adaptive Methods’ UUV technologies with its Open Water and OceanServer businesses.

Adaptive Methods develops sensor payloads and autonomy platforms for UUVs and provides undersea and anti-submarine warfare platforms, ASW sonar processing systems and displays and tactical buoy technologies to U.S. military clients.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.