Lockheed Martin CorporationLockheed Martin acquires Ultra Maritime for $3.45 billion, expanding naval defense capabilities.

Lockheed Martin has announced a definitive agreement to acquire anti-submarine warfare specialist Ultra Maritime for $3.45 billion, integrating its advanced sonar, torpedo defense, and autonomous sensing technologies into the Rotary and Mission Systems division. The deal is part of a broader industry consolidation, with Rheinmetall completing its takeover of Naval Vessels Lürssen in March 2026, Thales agreeing to acquire the Gorgé family's stake in Exail Technologies at a roughly $4.5 billion valuation, RENK Group buying David Brown Defence in July 2026, AeroVironment completing a $4.1 billion all-stock acquisition of BlueHalo last May, and Teledyne Technologies purchasing Saab's TransponderTech business in October 2025. This surge in mergers and acquisitions has been driven by escalating maritime threats in critical regions, prompting major powers to upgrade naval forces and secure trade routes. For investors seeking diversified exposure, defense ETFs such as the Global X Defense Tech ETF, U.S. Defense ETF, iShares Defense Industrials Active ETF, and First Trust Indxx Aerospace & Defense ETF offer broad sector participation while mitigating single-stock risks.
Lockheed Martin CorporationLockheed Martin acquires Ultra Maritime for $3.45 billion, expanding naval defense capabilities.
AeroVironment Inc
Exail Technologies S.A.
Renk Group AG
RTX Corporation
Teledyne Technologies Incorporated
Thales S.A.
Rheinmetall AGUltra Maritime is being acquired by Lockheed Martin at a $3.45 billion valuation.