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Lockheed Martin closes Ultra Maritime deal

PUBLIC · LMTOct 26, 2026

Acquiring Company

Lockheed Martin

Acquired Company

Ultra Maritime

BethesdaMassachusettsManufacturingSecurityAerospaceDefense & Space

Description

Lockheed Martin today completed its acquisition of Ultra Maritime, a global defense company focused on anti-submarine warfare for allied navies. The acquisition expands Lockheed Martin's sonar and undersea warfare capabilities across next-generation maritime platforms. Ultra Maritime will be aligned under the Rotary and Mission Systems business area.

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Company Information

Company

Lockheed Martin

Location

Bethesda, Maryland, United States

About

CEO Marc Bell told press that the company decided to move the facility to California, where Terran Orbital already has a substantial footprint, because it could move into the facilities faster than in Florida. The company was originally planning to launch and operate its own SAR satellite constellation, called PredaSAR, but it decided to pivot from those plans and offer the technology as a product instead.

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Frequently asked

Who acquired Ultra Maritime?

Ultra Maritime was acquired by Lockheed Martin, based in Bethesda. The deal was reported on October 26, 2026. CEO Marc Bell told press that the company decided to move the facility to California, where Terran Orbital already has a substantial footprint, because it could move into the facilities faster than in Florida. Lockheed Martin is publicly traded (LMT).

When did Lockheed Martin acquire Ultra Maritime?

Lockheed Martin's acquisition of Ultra Maritime was reported on October 26, 2026. Lockheed Martin today completed its acquisition of Ultra Maritime, a global defense company focused on anti-submarine warfare for allied navies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ultra Maritime do?

Ultra Maritime provides innovative multi-missions solutions for surface, sub-surface and unmanned platforms that protect and empower allied naval forces worldwide. It is privately held, operating in Manufacturing, and is based in Massachusetts.

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