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Press Release: L3 OceanServer Successfully Participates in Advanced Naval Technology Exercise

FALL RIVER, Mass., October 3, 2018 – L3 OceanServer announced today its successful participation in the Advanced Naval Technology Exercise (ANTX), an annual event held at the Naval Undersea Warfare Center in Newport, Rhode Island, where the future of naval technologies is demonstrated. L3 OceanServer’s presence included 12 Iver Unmanned Underwater Vehicles (UUVs), the largest UUV showing at ANTX.

Iver vehicles successfully completed seven missions at the event, including three customer-operated missions, showcasing new technology payloads and advanced command and control (C2) capabilities. One successful exercise integrated the Marine Magnetics internal magnetometer into an Iver UUV for the collection of magnetometer data over a simulated minefield.

Notably, an Iver4 concept vehicle demonstrated battery power endurance and system efficiency by completing a long ingress/egress mission. The vehicle started its mission with a 15-nautical-mile ingress, was retasked on arrival to survey a simulated minefield and finished with a 3-nautical-mile egress. On mission completion, 57 percent of battery power remained.

“As undersea missions evolve, our dialogue with naval customers has consistently reiterated the need for a portable vehicle that can complete long-duration missions,” said Daryl Slocum, L3 OceanServer’s General Manager. “The Iver4 offers a broad range of innovative technologies, including various power options, to execute these demanding missions.”

ANTX Survery Area
ANTX Survey Area Data Collected by L3 OceanServer’s Iver UUV (Side Scan Sonar Mosaic With Magnetometer Overlay)

 

ANTX Long Ingress
Long Ingress Mission Showing Depth Profile Completed by L3 OceanServer’s Iver at ANTX

L3 OceanServer is part of the Maritime Sensor Systems sector within L3’s Communications & Networked Systems business segment. Since its inception in 2003, L3 OceanServer has sold more than 300 Autonomous Underwater Vehicles (AUVs) worldwide, providing highly capable solutions to a broad array of military, commercial and international customers. To learn more about L3 OceanServer, please visit the company’s website at www.ocean-server.com.

L3 Technologies is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion. To learn more about L3, please visit the company’s website at www.L3T.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

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