LMT Stock Snaps Three-Day Winning Streak: Lockheed Martin Acquires Ultra Maritime For $3.45B
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Lockheed Martin has acquired Ultra Maritime for $3.45 billion, although some reports suggest the deal may be worth $3.5 billion. The acquisition is reportedly related to undersea defense and may be part of a broader consolidation in the naval sector. The deal's impact on Lockheed Martin's stock is unclear, as it has snapped a three-day winning streak.
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