Lockheed Martin signs $3.45B agreement to acquire Ultra Maritime
Lockheed Martin signed a definitive agreement to acquire Ultra Maritime from Advent International for $3.45B, expanding undersea warfare and anti-submarine warfare capabilities.
Evidence notes
- Ultra Maritime specializes in advanced undersea warfare and ASW systems for allied naval forces.
- Lockheed said the deal will strengthen its Rotary and Mission Systems business.
- The acquisition is expected to close after customary regulatory approvals.
Company context
Lockheed Martin is a defense and aerospace prime with autonomy and unmanned-systems work across Sikorsky, missiles, mission systems, space and integrated defense programs.