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Representative image: Lockheed Martin’s $3.45 billion Ultra Maritime acquisition highlights rising demand for anti-submarine warfare, sonar systems, sonobuoys and autonomous naval sensing across allied defence markets.

Lockheed Martin (LMT) to buy Ultra Maritime for $3.45bn as undersea warfare M&A accelerates

China submarine missile test alarms Pacific as Australia, New Zealand and Japan object

Seraphim Space Investment Trust (LSE: SSIT) leans on ICEYE re-rating and SpaceX IPO tailwind to consolidate FTSE 250 entry

Baltic Classifieds Group (LSE: BCG) rebounds after FY26 sell-off as buyback-fuelled debt swing tests the Baltic monopoly thesis

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General news updates

Smiths News (LSE: SNWS) wins Associated Newspapers distribution contract

Smiths News has secured £105 million of annual Daily Mail distribution revenue. Discover how the deal could reshape UK print logistics.

July 5, 2026

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