Defense Prime Contractor
Appears in 3 stories
Buyer
The gear that finds enemy submarines comes largely from one mid-sized firm, Ultra Maritime. On July 6, 2026, Lockheed Martin agreed to buy it for $3.45 billion.
Updated 2 hours ago
Expected prime contractor for JLWS
The U.S. military spent four decades chasing a laser that could shoot down a cruise missile. On April 28, 2026, the Pentagon detailed its latest attempt: the Joint Laser Weapon System, a containerized 150-kilowatt beam (scalable toward 500 kilowatts) that the Army and Navy will share, mounting it on trucks, ships, or anywhere a 20-foot container can sit.
Updated May 31
Stock up 7.9% on budget news despite F-35 delivery delays
Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. This would be the largest single-year defense increase since the Korean War.
Updated May 19
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