Lockheed Martin to acquire Ultra Maritime for $3.45B

U.S. Navy buys drone boats modeled on drug smuggler design

The U.S. Naval Sea Systems Command awarded ReconCraft LLC, a boatbuilder based in Anchorage, Alaska, a 24.96 million contract for autonomous low-profile vessels, a category of uncrewed watercraft the military has openly borrowed from the same low-visibility, semi-submersible design smugglers pioneered to avoid radar and visual detection while running narcotics through open water. Autonomous low-profile []

Taylor Maritime adds two more deals to disposal run

London-listed dry bulk owner Taylor Maritime is set to return at least 45m to shareholders after agreeing two more vessel-related disposals. The Ed Buttery-led company said it had sold one vessel that had been subject to a purchase option, generating net proceeds of 11.4m. Taylor Maritime has also agreed terms for the sale of its

Lockheed to Buy Ultra Maritime for $3.45 Billion in Sea Push

Lockheed Martin Corp. agreed to buy naval defense business Ultra Maritime, which focuses on submarine detection systems, for 3.45 billion as the US defense giant broadens its undersea weapons portfolio.

Unknown 'Projectile' Attacks Cargo Ship In Strait Of Hormuz

British marine security firm Vanguard Tech identified that vessel as the Singapore-flagged container ship Ever Lovely.

Transport Canada detains boat linked to fatal B.C. sinking, citing violations

The company's other boat Top Ocean sank on the morning of June 28 with 10 people on board. Transport Canada says the company's 11-metre sister vessel is a pleasure craft being operated as a commercial passenger boat.

Korean shipbuilders eye US naval market after Canada submarine setback

Korean shipbuilders eye US naval market after Canada submarine setback

Germany reaches deal with US to buy long-range Tomahawk missiles, Merz says

German Chancellor Friedrich Merz has announced a deal with the United States to buy American-made Tomahawk cruise missiles and station them in Germany

Former owner of sunken B.C. vessel speaks, identifies the boat involved

The boat, named Big Coast, was a 30-foot aluminum KingFisher and the former owner said he sold it more than four years ago through a dealer, so he never met the new owner.

LFG beli dua kapal pukal bernilai RM213.2 juta

PETALING JAYA: Lianson Fleet Group Berhad (LFG) menerusi anak syarikat milik penuhnya, Lianson Fleet Pte. Ltd. (LFPL) memperoleh dua kapal pukal kelas Ultramax pada harga keseluruhan AS52.32 juta (RM213.2 juta). Dalam makluman kepada Bursa Malaysia, LFG berkata, LFPL menandatangani dua memorandum perjanjian (MOA) berasingan pada 9 Julai 2026 bagi memperoleh MV Tian Mu Shan (MV ... Read more The post LFG beli dua kapal pukal bernilai RM213.2 juta appeared first on Utusan Malaysia.

Business leader says he hopes Greater Victoria gets fair share of submarine money

VICTORIA — The federal government’s submarine contract with a German company offers a “tremendous amount of opportunity” to propel British Columbia’s shipping industry, political and business leaders say. Prime Minister Mark Carney announced in Halifax on Monday that Canada has chosen German defence manufacturer TKMS as the preferred supplier of up 12 submarines, with both [] The post Business leader says he hopes Greater Victoria gets fair share of submarine money appeared first on Loonie Politics.

Seanergy Maritime: Half The Year Is Already Sold - Maintaining Strong Buy

Seanergy Maritime: Half The Year Is Already Sold - Maintaining Strong Buy

Lockheed Martin to Expand Undersea Portfolio With Ultra Maritime Acquisition

Lockheed Martin will add Ultra Maritime’s sonar, sonobuoys, torpedo defense and autonomous maritime sensing capabilities Ultra Maritime’s portfolio will strengthen Lockheed’s anti-submarine and undersea warfare offerings The acquisition will expand support for U.S. and allied naval forces Lockheed Martin has signed a definitive agreement to acquire Ultra Maritime from private equity firm Advent for 3.45 billion,

Stolen Sea Scouts boat found in Marina del Rey

A 30-foot sailboat belonging to Scouting America’s Sea Scouts program that was stolen back in March has been found in Marina Del Rey, and a suspect is in custody. Subscribe: https://www.youtube.com/ktla?sub_confirmation=1

Plan to sell artifacts from Titanic faces US government opposition

Opponents of selling artifacts recovered from the wreckage say the company is bound by a 1990s agreement that gave RMS Titanic exclusive salvage rights to the ship in exchange for promising to never sell those items

World : Singapore-Registered Ship Sustains Minor Damage In Strait Of Hormuz - MPA

SINGAPORE, June 26 (Bernama) -- A Singapore-registered container ship sustained minor damage to the bridge area from an unknown projectile in the Strait of Hormuz, the Maritime and Port Authority of Singapore (MPA) confirmed.

Abu Dhabi Maritime CEO: New maritime business directory supports emirate’s efforts to attract global investment

Abu Dhabi Maritime CEO: New maritime business directory supports emirate’s efforts to attract global investment

Canada's MDA Space is buying a Raytheon satellite unit for $620 million

The all-cash deal gives the Canadian firm a U.S. manufacturing footprint and a path to bid on classified defense contracts

From plastic waste to Wolfpack wear: NC State launches apparel collaboration

A teen-founded North Carolina apparel company partnered with NC State to create Wolfpack gear from recycled materials and fund ocean plastic removal.