Lockheed Martin to Acquire Ultra Maritime Solutions
Lockheed Martin to Acquire Ultra Maritime Solutions</ti
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12:35:37 PM UTC
SquawkNews
Lockheed Martin [NYSE: LMT ] today announced the signing of a definitive agreement to acquire Ultra Maritime, a global defense company specializing in advanced undersea warfare and anti-submarine warfare (ASW) capabilities for allied naval forces for $3.45 billion. The company develops and delivers mission-critical systems including sonar technologies, sonobuoys, torpedo defense systems, radar solutions, and autonomous maritime sensing platforms.
12:42:03 PM UTC
SquawkNews
Lockheed Martin to Acquire Ultra Maritime Solutions for $3.45 Billion
12:46:52 PM UTC
SquawkNews
Lockheed Martin (LMT) said Monday it has signed a definitive agreement to acquire Ultra Maritime Solutions for $3.45 billion. Ultra Maritime, which develops sonar technologies, sonobuoys, torpedo defense systems, radar solutions and autonomous maritime sensing platforms, will become part of Lockheed's Rotary and Mission Systems business, Lockheed said.
Lockheed Martin (LMT) said Monday it has signed a definitive agreement to acquire Ultra Maritime Solutions for $3.45 billion.
Ultra Maritime, which develops sonar technologies, sonobuoys, torpedo defense systems, radar solutions and autonomous maritime sensing platforms, will become part of Lockheed's Rotary and Mission Systems business, Lockheed said.