Lockheed Martin acquires Ultra Maritime for undersea warfare capabilities
Lockheed Martin buys Ultra Maritime for $3.45B to strengthen undersea warfare capabilities.
Event / Economy
Lockheed Martin Ultra Maritime Acquisition
Lockheed Martin announced the acquisition of Ultra Maritime, a defense firm specializing in anti-submarine and underwater warfare technologies, for $3.45 billion. The acquisition expands Lockheed Martin's undersea warfare and naval sonar capabilities for allied partners.
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2026-08-16 to 2026-11-13 · UTC publication dates
Coverage begins 7 Jul, 03:22 UTC
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Lockheed Martin announces acquisition of Ultra Maritime for $3.45 billion
Lockheed Martin signed a definitive agreement to acquire Ultra Maritime, an underwater warfare and anti-submarine defense firm, for $3.45 billion. The acquisition is intended to expand Lockheed Martin's undersea and anti-submarine warfare capabilities for U.S. and allied naval forces.
U.S. Navy awards Ultra Maritime contract for submarine countermeasure systems
In February 2026, Ultra Maritime received a development contract from the U.S. Navy to produce next-generation acoustical countermeasure systems designed to protect submarines from undersea threats.
Advent invests $170 million in Ultra Maritime over three years
Private equity investor Advent invested more than $170 million in Ultra Maritime over the past three years to advance product development, technology roadmap, and manufacturing capabilities, resulting in a 17 percent revenue increase.
Ultra Maritime manufactures anti-submarine warfare technologies for allied navies
Ultra Maritime produces sonobuoys, sonar technologies, torpedo defense systems, radar solutions, and autonomous maritime sensing platforms. Its systems serve the U.S., UK, Canada, Australia, and allied navies in over 30 countries. The company employs approximately 2,000 people across locations in the United States, UK, Australia, and Canada.
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