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Lockheed Martin to buy Ultra Maritime for $3.45 billion
Ultra Maritime will become a part of Lockheed's rotary and mission systems, which reported revenue of $17.3 billion in 2025 and employs 35,000 people worldwide. Sustained conflicts in Ukraine and the Middle East, and U.S. President Donald Trump's $1.5 trillion defense budget request for 2027 are driving up demand for weapons and military technology, pushing defense contractors to expand their capabilities.
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cnbc.com
Lockheed Martin leading race for $3.5 billion purchase of naval defense firm Ultra Maritime
Ultra is owned by private equity firm Advent International, and specialises in anti-submarine technology.
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jpost.com
Lockheed Martin expands naval defense portfolio with Ultra Maritime | The Jerusalem Post
The $3.45 billion deal will fold Ultra Maritime into Lockheed’s rotary and mission systems business, strengthening its naval defense portfolio.
