Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion
Lockheed Martin has agreed to acquire naval defense company Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion, Advent announced on Monday. The acquisition strengthens Lockheed Martin’s position in...
US Navy secretary steps down
US Navy Secretary Thomas Modly has resigned as he has faced serious criticism over his handling of a coronavirus outbreak on an aircraft carrier. Earlier, Mr. Modly fired the captain of USS Theodore Roosevelt...