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The Nexus
BUSINESSJul 6 · 02:51 UTCCNBC TOP

Lockheed Martin leading race for $3.5 billion purchase of naval defense firm Ultra Maritime

Lockheed Martin is leading the competition for a $3.5 billion acquisition of Ultra Maritime, a naval defense firm specializing in anti-submarine technology. Ultra Maritime is currently owned by private equity firm Advent International.

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