LMT · News · 20261101N
Acquisition / Partnership / Divestiture
LOCKHEED MARTIN CORP · 2026-11-01 · Importance 71 · Surprise 60 · In source text
Lockheed Martin completed its acquisition of Nova Scotia-based Ultra Maritime for $3.45 billion, following a deal signed in July 2026. The acquisition adds a company specializing in undersea and anti-submarine warfare, with operations in Dartmouth, Nova Scotia, and Columbia City, Indiana. Lockheed Martin also committed to adding up to 320 skilled jobs in Nova Scotia within five years, and the new business unit plans to expand into maritime markets including unmanned systems while maintaining current production.
Key facts
- Lockheed Martin completed its $3.45 billion acquisition of Nova Scotia-based Ultra Maritime after signing a deal in July. source
- Lockheed Martin completed its $3.4 billion acquisition of Ultra Maritime, which specializes in advanced undersea warfare and anti-submarine capabilities. source
- Lockheed Martin committed to adding up to 320 skilled jobs in Nova Scotia within the next five years. source
- The Ultra Maritime acquisition gives Lockheed Martin its first facility in Indiana, in Columbia City, which produces sonobuoys. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Lockheed Martin completed its $3.45 billion acquisition of Nova Scotia-based Ultra Maritime after signing a deal in July. |