FORT WAYNE, Ind. (Inside INdiana Business) – Global defense technology company Lockheed Martin now has its own presence in northeast Indiana after completing its $3.4 billion acquisition of Ultra Maritime, a manufacturer of advanced undersea warfare and anti-submarine warfare capabilities.
ORIGINAL REPORT: Lockheed Martin completes $3.4B acquisition of maritime defense company with Indiana presence
Headquartered in Braintree, Massachusetts, Ultra Maritime operates a manufacturing facility in Columbia City that produces sonobuoys, which are used to detect and identify objects moving in the water, particularly submarines…