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Lockheed Martin completes Ultra Maritime buy

PUBLIC · LMTOct 26, 2026

Acquiring Company

Lockheed Martin

Acquired Company

Ultra Maritime

BethesdaBraintreeManufacturingSecurityAerospaceDefense & Space

Description

Lockheed Martin has completed its acquisition of Ultra Maritime, a specialist in sonar and anti-submarine warfare. The closing was announced on October 26, after the deal was first announced in July. The business now sits within Lockheed Martin's Rotary and Mission Systems area and expands its undersea-warfare portfolio.

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Company Information

Company

Lockheed Martin

Location

6801 Rockledge Dr

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 has completed its acquisition of Ultra Maritime, a specialist in sonar and anti-submarine warfare. The closing was announced on October 26, after the deal was first announced in July. 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 Braintree.

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