:

Business/Financial

L3 Acquires UUV Developer OceanServer Technology

By Cal Biesecker

Tuesday, April 4th, 2017

SHARE:

L3 Acquires UUV Developer OceanServer Technology

Iver autonomous underwater vehicle developed by OceanServer Technology. Photo: OceanServer Technology

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,…

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]