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NavalNorth America

Lockheed Martin to acquire Ultra Maritime for $3.45 billion to expand undersea and anti-submarine warfare capabilities for allied navies

Lockheed Martin agreed to acquire Ultra Maritime for $3.45 billion, expanding its undersea and ASW technology portfolio. Ultra provides sonobuoys, sonar and torpedo defense systems used across NATO navies. Deal strengthens Lockheed's rotorcraft-ASW integration for MH-60R and P-8. Consolidation reshapes allied ASW industrial base.

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Read original at Defence Industry Europe

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Lockheed-Ultra Maritime

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