Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion to Strengthen Undersea Warfare
Lockheed Martin is acquiring undersea warfare leader Ultra Maritime for $3.45 billion to boost its sonar, sonobuoy, and anti-submarine capabilities.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
Lockheed Martin is acquiring undersea warfare leader Ultra Maritime for $3.45 billion to boost its sonar, sonobuoy, and anti-submarine capabilities.
The acquisition strengthens its position in AI, semiconductors, and advanced materials. Expected to close in H1 2027.
The new multi-year agreement covers custom ASIC silicon and wireless components.
TeraWulf secures a 20-year lease with Anthropic for a 401 MW AI data center in Kentucky, projecting $19B in revenue. Also divests 50.1% stake in Texas project at a profit.
A leading U.S. AI platform company has chosen Ceva’s NeuPro-M for custom AI chips in next-gen smart devices.
ITV will spin off its Studios business and return nearly £950m to shareholders.