What Happened
Defense Giant Expands Undersea Warfare Capabilities
Lockheed Martin has announced the acquisition of Ultra Maritime Solutions, a global defense company specializing in advanced undersea warfare and anti-submarine warfare capabilities, for $3.45 billion. The acquisition expands Lockheed Martin’s portfolio of sonar solutions and autonomous maritime sensing platforms, and reinforces its commitment to domain expertise in ASW. Ultra Maritime’s international footprint and exportable ASW products will complement Lockheed Martin’s ability to offer sonar solutions across next-gen maritime platforms. The deal was announced by Lockheed Martin, as reported by Sikorsky.