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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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Western Alliance to acquire AmeriHome Mortgage for $1bn

Western Alliance Bancorporation has agreed to acquire Aris Mortgage Holding Company, the parent company of AmeriHome Mortgage Company,…

byPallavi Madhiraju

February 17, 2021

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