L-3 Valmarine is a major supplier of automation and navigation systems to advanced vessels world-wide. The cruise vessel market is the core business and the company is a market leader for ship automation in this segment.
In general, all our systems are designed with a high degree of automation and safety, enabling the company to be present on both LNG and offshore vessels as well as on advanced naval vessels.
The company employs 100 people and is headquartered in Norway, with a branch office in Finland and cooperation partners in Italy, France, Singapore, China and Korea. L-3 Communications, located in the US, is the principal owner and L-3 Valmarine is a part of the L-3 Marine & Power Systems division .
"Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems and products, secure communications systems, aircraft modernization, training and government services, and is a merchant supplier of a broad array of high technology products. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. government intelligence agencies and aerospace prime contractors."
L-3 Marine & Power Systems division hold more than 20 companies focusing entierly on the marine market, delivering advanced custom made ships solutions to both Naval and Commercial customers. The annual turnover for L-3 Marine & Power Systems division in 2010 was appox. USD 1,2 billion, and for L-3 Communiction in total USD 15,6 billions. - L-3 Communiction is listed on the New York Stock Exchange.