The Strait of Hormuz situation has escalated demand for underseas weapons.
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Lockheed Martin on Monday said it has agreed to acquire naval defense-tech firm Ultra Maritime for $3.45 billion from private equity firm Advent International.
Why it matters: The Strait of Hormuz situation has escalated demand for underseas autonomous weapons, both offensive and defensive.
Ultra Maritime will become a part of Lockheed's rotary and mission systems, which reported revenue of $17.3 billion in 2025 and…
Ultra is owned by private equity firm Advent International, and specialises in anti-submarine technology.
The $3.45 billion deal will fold Ultra Maritime into Lockheed’s rotary and mission systems business, strengthening its naval…
Lockheed Martin said that Ultra Maritime will fall under the company’s rotary and mission systems division upon closing.
Lockheed Martin Deal expands undersea defense capabilities, but LMT stock slips as investors track technical levels and earnings.
Portfólio da Ultra em guerra antissubmarino vai complementar e expandir sua capacidade de oferecer soluções de sonar para…
Lockheed Martin to buy Ultra Maritime for $3.45 billion
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Lockheed Martin vai adquirir a Ultra Maritime em acordo de US$ 3,45 bilhões
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