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Lockheed Martin Acquires Ultra Maritime in $3.45B Deal

July 6, 2026

2 min read

Key Takeaways

Lockheed Martin acquires Ultra Maritime for $3.45 billion.
Ultra Maritime develops undersea and ASW capabilities.
Acquisition expands Lockheed Martin's rotary and mission systems division.
Ultra Maritime previously received $170 million investment from Advent.

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Strategic Implications

This acquisition may signal Lockheed Martin's intent to strengthen its position in undersea warfare capabilities. The deal could indicate a growing focus on autonomous maritime sensing and anti-submarine warfare technologies, which suggests a shift in the company's strategic priorities.

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What Happened

Defense Giant Expands Undersea Capabilities with Strategic Purchase

Lockheed Martin has announced the acquisition of Ultra Maritime, a developer of undersea and anti-submarine warfare capabilities, in a $3.45 billion deal. Ultra Maritime’s technologies include sonar, sonobuoys, and autonomous maritime sensing platforms. The company has seen significant growth since being acquired by Advent in 2022, with a 17% increase in annual revenue. The acquisition is expected to expand Lockheed Martin’s rotary and mission systems division, and was first reported by Breaking Defense.

Source | Originally Published: July 6, 2026

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