Lockheed Martin Corporation – Ultra Maritime

MN-75041

Lockheed Martin Corporation (**Lockheed Martin**) proposes to acquire the entire issued share capital of Ultra Electronics Australia Pty Limited, Ultra Sonar Systems Ltd., Ultra Electronics Maritime Systems, Inc., Ultra Electronics, Inc. and their direct and indirect subsidiaries (together comprising **Ultra Maritime**) (the **Acquisition**). Lockheed Martin is a global aerospace and defence company headquartered in Bethesda, Maryland, US. Lockheed Martin researches, designs, develops, manufactures and sustains advanced technology systems, products and services for defence, security and aerospace customers. In Australia, Lockheed Martin's operations are predominantly conducted through its wholly owned subsidiary, Lockheed Martin Australia Pty Ltd. Ultra Maritime is a naval defense technology business headquartered in Braintree, Massachusetts, US, with manufacturing facilities in the US, Canada, the UK and Australia. Ultra Maritime designs, develops and supplies maritime and undersea warfare solutions for manned and unmanned platforms, including sonar systems, sonobuoys and receivers, torpedo technologies and radars.

Status

Under assessment

Stage

Phase 1 - initial assessment

Notified

14 August 2026

Acquirers

  • RLM SYSTEMS PTY LIMITED

Targets

  • Ultra Electronics Australia Pty Ltd