Lockheed Martin Buys Ultra Maritime For $3.45 Billion

MH-60R and DDG-51 at sea
Credit: U.S. Navy
Lockheed Martin is to acquire Ultra Maritime for $3.45 billion, after it was put up for sale by its owner, private equity firm Advent. U.S.- and UK-based Ultra—which produces a range of systems including sonars, sonobuoys and radars—will become part of Lockheed Martin’s Rotary and Mission Systems...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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