1 source · first reported Yesterday
Lockheed Martin is leading the race to acquire Advent's Ultra Maritime in a $3.5 billion deal, according to a report by the Financial Times. The deal highlights the ongoing consolidation in the defense industry. Lockheed Martin's potential acquisition of Ultra Maritime would expand its capabilities in the maritime sector.
The potential acquisition of Ultra Maritime by Lockheed Martin signifies a strategic move in the defense industry, particularly in the maritime sector, and could impact the company's portfolio and capabilities.
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