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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

Tensions in the Middle East escalate as Hezbollah plans deeper strikes following an Israeli attack. The US boosts military presence amid growing regional conflict.

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US military surge in the Middle East—could this spark a full-blown regional war?

In a dramatic escalation of the Israel-Iran conflict, the Middle East stands on the precipice of broader conflict…

byPallavi Madhiraju

August 3, 2024

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