The integration of Ultra Maritime will fold the company into Lockheed’s Rotary and Mission Systems division. This strategic move aims to bolster Lockheed’s existing sensor capabilities, specifically targeting the growing demand for advanced underwater detection systems. While leadership confirmed the transaction on Monday, both parties have yet to announce a definitive closing date for the acquisition.
Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion
Lockheed Martin has agreed to purchase defense contractor Ultra Maritime from private equity firm Advent International in a deal valued at $3.45 billion. The acquisition positions the aerospace giant to aggressively expand its footprint in specialized anti-submarine warfare and sonar technology for global maritime operations.
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