Quick Take
Communications and security company L3 Technologies (LLL) has acquiredOceanServer Technology for an undisclosed sum.
OceanServer has developed shallow water autonomous unmanned vehicles for a variety of use cases.
L3 is attempting to keep up with industry leader Boeing (NYSE:BA) and others by acquiring a ready-made underwater sensor platform to improve its offerings to the U.S. Navy, and by extension, other potential large client markets.
