United States defence and aerospace giant Lockheed Martin has acquired Nova Scotia-based undersea defence company Ultra Maritime for $3.45 billion US.
Don’t we want to keep our home grown industries?
United States defence and aerospace giant Lockheed Martin has acquired Nova Scotia-based undersea defence company Ultra Maritime for $3.45 billion US.
Don’t we want to keep our home grown industries?
They talk tough about Stelco to drum up nationalist sentiments. While they continue to sell everything to foreign companies and billionaires.
Ultra Maritime has been foreign owned for quite a while, so nothing’s really changing on that front. This is more of a consolidation issue; Lockheed already has a Dartmouth office, and acquiring a Dartmouth company makes for one less employer in town.