Lockheed Pushes Deeper into Naval Defense with $3.45B Deal, but Investors Stay Cautious
Lockheed Martin Corporation (NYSE: LMT ) stock traded lower on Monday after the company signed a definitive agreement to acquire Ultra Maritime for $3.45 billion. The acquisition will expand Lockheed Martin’s undersea and anti-submarine warfare capabilities for U.S. and allied naval forces. • See what LMT stock is doin