Lockheed Martin stock: Ultra deal and Mk21A test shape week
Published on 11/07/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTwo defense milestones set the tone
- Lockheed Martin completed its 3.45 billion US dollar acquisition of Ultra Maritime, expanding its undersea warfare portfolio.
- The company and the U.S. Air Force completed an unarmed Mk21A reentry-vehicle flight test linked to the future Sentinel system.
- The Ultra transaction and missile test give investors separate updates on Lockheed Martin's naval and strategic-defense businesses.
Lockheed Martin's week brought two separate defense milestones: the completed acquisition of Ultra Maritime and a flight test of the Mk21A reentry vehicle. The developments broaden the company's exposure to undersea warfare and strategic missile programs.
Lockheed Martin stock traded at 509.40 euros on Lang & Schwarz at 11:35 a.m. Berlin time on Saturday, November 7, 2026. Investors can follow the real-time quote of Lockheed Martin stock.
Ultra Maritime expands undersea reach
CBC News reported on November 1 that Lockheed Martin had acquired Nova Scotia-based Ultra Maritime for 3.45 billion US dollars. The transaction followed an agreement signed in July and was completed the previous week.
Ultra Maritime specializes in sonar, sonobuoys and torpedo-defense systems for allied navies. CBC said the company employs about 2,000 people across five countries. For Lockheed Martin, the deal adds undersea and anti-submarine warfare capabilities to its portfolio.
Mk21A test advances missile program
In a November 4 release, Lockheed Martin said it and the U.S. Air Force had completed a test flight of an unarmed, developmental Mk21A reentry vehicle. The vehicle was launched over the Pacific and is intended for the future Sentinel intercontinental ballistic missile system.
The two announcements concern different business areas. The Ultra transaction strengthens Lockheed Martin's naval-defense position, while the Mk21A test supports its role in a strategic missile program. Investors will focus on integration progress and further program milestones as the company executes both initiatives.
Lockheed Martin company facts
- Company: Lockheed Martin
- ISIN: US5398301094
- Home listing: NYSE
- Ticker: LMT
- Lang & Schwarz quote: 509.40 euros, Saturday, November 7, 2026, 11:35 a.m. Berlin time
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