Value £3

Ultra Maritime

M&A Exit

Exited Angel-backed Cross-border

Industrials & Energy Published 7 July 2026

Summary

Lockheed Martin has acquired Ultra Maritime, a British undersea warfare specialist, in a $3.45 billion deal. The acquisition is part of a trend of consolidation in the defence industry, driven by increased demand for new weapons and military technology.

Summary of transaction details:

Value: $3.45 billion
Sector: Industrials & Energy
Advisor: Not disclosed
Key Entities: Lockheed Martin, Ultra Maritime
Location: UK, US

Note: The deal is expected to strengthen Lockheed Martin's hand in advanced undersea warfare and deliver lasting economic benefit for the UK, although this remains an open question.

Lead Investor / Acquirer

Lockheed Martin

Advising Broker

Undisclosed Firm

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View Company Details

Financials, officers, full deal history

Original Source

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