Lockheed Martin leads race for Advent's Ultra Maritime in $3.5 billion deal, FT reports

Lockheed Martin is reportedly leading efforts to acquire Ultra Maritime from Advent International in a deal that could value the naval defense business at roughly $3.5B. If pursued, the transaction would represent a major strategic expansion of Lockheed’s defense exposure, likely drawing investor attention to scale and integration prospects.

Analysis

Lockheed Martin is reportedly leading efforts to acquire Ultra Maritime from Advent International in a deal that could value the naval defense business at roughly $3.5B. If pursued, the transaction would represent a major strategic expansion of Lockheed’s defense exposure, likely drawing investor attention to scale and integration prospects.