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Advent to Sell Ultra Maritime to Lockheed Martin for $3.45 Billion

Advent to Sell Ultra Maritime to Lockheed Martin for $3.45 Billion

Cobham Ultra, a portfolio company of private equity investor Advent, has agreed to sell undersea warfare specialist Ultra Maritime to Lockheed Martin for 3.45 billion dollars. The deal follows a three-year period in whic…

Mon Jul 06 20267 min
KONGSBERG Equips NIOZ Research Vessel With Advanced Ocean Technology

KONGSBERG Equips NIOZ Research Vessel With Advanced Ocean Technology

KONGSBERG has supplied a comprehensive suite of ocean science and navigation technologies for RV Anna Weber-van Bosse, the new research vessel of the Royal Netherlands Institute for Sea Research. The 80-metre newbuild, c…

Mon Jul 06 20267 min
Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab to Acquire Iridium in $8 Billion Satellite Deal

Rocket Lab has reached an agreement to acquire Iridium Communications in a cash-and-stock transaction that values the maritime satellite operator at an enterprise value of 8 billion dollars. The deal brings together Rock…

Fri Jul 03 20267 min
Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics has completed its acquisition of Covelya Group for approximately 615 million Canadian dollars, expanding its position in the fast-growing defence and maritime surveillance market. The deal combines Kraken…

Fri Jul 03 20267 min
Saronic Launches 52-Foot Dual-Use Autonomous Surface Vessel Mirage

Saronic Launches 52-Foot Dual-Use Autonomous Surface Vessel Mirage

Saronic has launched its first Mirage, a 52-foot dual-use autonomous surface vessel that becomes the third flagship platform in the company's growing fleet alongside the Corsair and Marauder. Built in under a year from i…

Thu Jul 02 20267 min
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