Tag: undersea defense
1 article
Defense Sector Bolsters Undersea Capabilities with $8.7 Billion Investments
The defense sector is making a splash with a whopping $8.7 billion investment to strengthen its undersea capabilities, with Lockheed Martin leading the charge by acquiring Ultra Maritime in a $3.5 billion deal. This massive move is set to bolster the sector's underwater defenses, amid growing concerns over China's expanding subsea sensor and unmanned systems efforts.