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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

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California American Water advances service reliability with $4.5m Bellflower upgrades and West San Martin acquisition

California American Water, a subsidiary of American Water, is ramping up its infrastructure investments with the completion of…

byPallavi Madhiraju

February 8, 2025

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