Quartz·1 min read·medium
Lockheed Martin is buying anti-submarine warfare firm Ultra Maritime for $3.45 billion
✦AI Summary
Lockheed Martin has announced the acquisition of Ultra Maritime for $3.45 billion. The deal expands the defense giant's capabilities in sonar and torpedo defense systems for allied naval forces.
The deal gives Lockheed Martin a portfolio of sonar systems, sonobuoys, and torpedo defense technology serving allied navies
businesstechnology
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