M&A Deal Summary

L-3 Communications Acquires ASV Global

On September 24, 2018, L-3 Communications acquired marine company ASV Global

Acquisition Highlights
  • This is L-3 Communications’ 1st transaction in the Marine sector.
  • This is L-3 Communications’ 36th transaction in the United States.
  • This is L-3 Communications’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2018-09-24
Target ASV Global
Sector Marine
Buyer(s) L-3 Communications
Deal Type Add-on Acquisition

Target

ASV Global

Broussard, Louisiana, United States
ASV Global, LLC is an unmanned surface vessel (USV) and autonomous vessel control systems company. ASV delivers surface vessels in a range of sizes, currently from 10 to 42 feet, with proprietary software and control systems and proven unmanned system autonomy architectures. These time-tested capabilities have been demonstrated on multiple vessel types and sizes with over 1,500 operating days of service. Additionally, the company’s autonomy systems are consistent with the International Regulations for Preventing Collisions at Sea, 1972 (COLREGs) published by the International Maritime Organization.

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Buyer(S) 1

Buyer

L-3 Communications

New York, New York, United States
Category Company
Founded 1997
Sector Technology Hardware
Employees38,000
Revenue 9.6B USD (2017)
DESCRIPTION

L3 Technologies, Inc. is an american company that supplies command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products. L3 Technologies was founded in 1997 and is based in New York.

DEAL STATS #
Overall 45 of 45
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 37 of 37
State (Louisiana) 1 of 1
Country (United States) 36 of 36
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Crestview Aerospace

Crestview, Florida, United States

Crestview Aerospace provides aircraft structures, major airframe assemblies and military aircraft modifications for leading prime contractors and original equipment manufacturers (OEMs). Crestview Aerospace was founded in 1964 and is based in Crestview, Florida.

Sell $540M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-25 EOTech

Ann Arbor, Michigan, United States

EOTech manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world. EOTech was formed in 2001 and s based in Ann Arbor, Michigan.

Sell -
Mergr

Product

Company

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