Lockheed Martin Corp. signage on the ground on the New York Inventory Alternate (NYSE) in New York, US, on Monday, March 9, 2026.
Michael Nagle | Bloomberg | Getty Pictures
Protection heavyweight Lockheed Martin is main the race to purchase naval protection group Extremely Maritime, CNBC has discovered.
The deal to amass Extremely is roughly $3.5 billion, and Guggenheim and JPMorgan are advising on the promote facet, based on sources near CNBC.
Extremely is owned by non-public fairness agency Introduction Worldwide, and makes a speciality of anti-submarine expertise. The corporate makes radar and digital warfare programs, in addition to torpedo protection countermeasures.
A Monetary Instances report final week mentioned that talks have been nonetheless ongoing and a deal may very well be introduced as early as this week.
Introduction was reportedly put up on the market earlier in 2026 for greater than 3 billion kilos, or $4 billion.
Lockheed Martin is among the world’s largest protection companies, producing planes such because the F-35 Lightning II fighter jet and munitions just like the Patriot air protection missile.
Protection shares have loved a bumper 12 months in 2026, as conflicts from Ukraine to Iran enhance demand for munitions worldwide.
In April, the Stockholm Worldwide Peace Analysis Institute mentioned world protection outlays in 2025 climbed to a staggering $2.89 trillion, led by huge spending by European nations.
