[Lockheed Martin Invests $3.45 Billion to Expand Anti-Submarine Warfare Operations] According to Golden Finance, on July 6, as demand for sea-based weapon systems surged, Lockheed Martin agreed to acquire a naval defense company for $3.45 billion from private equity firm Advent. According to a statement released on Monday, the company, named Ultra Maritime, is being sold by Advent's Cobham Ultra subsidiary. According to Ultra Maritime's official website, the company specializes in anti-submarine warfare across air, surface, and underwater domains, covering sonobuoy detection, sonar systems, and torpedo countermeasures. It provides products and services to the navies of the United States, Canada, the United Kingdom, and Australia.