Lockheed Martin invests $3.45 billion to strengthen its anti-submarine warfare business
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```htmlGolden Ten Data reported on July 6 that as demand for maritime weapon systems surges, Lockheed Martin has agreed to acquire a naval defense company from private equity firm Advent for $3.45 billion. According to a statement released on Monday, this company, named Ultra Maritime, is being sold by Advent's CobhamUltra subsidiary. The Ultra Maritime official website states that the company specializes in anti-submarine warfare in the air, surface and underwater domains, covering sonobuoy detection, sonar systems and torpedo countermeasures, providing products and services to the navies of the United States, Canada, the United Kingdom and Australia.```
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