LMT Stock Gains Nearly 5% — Lockheed Martin Emerges As Frontrunner For Ultra Maritime In Potential $3.5B Deal
The defense giant is reportedly leading a competitive auction for Advent International-owned Ultra Maritime, with a deal potentially coming as early as next week. Ultra Maritime specializes in anti-submarine warfare and undersea defense technologies. Talks are ongoing, though several other bidders remain in the running, according to the report. The potential deal comes as defense … Read more