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?
Another thing I’m just learning of today: I knew that after Cobham shut down Nova Scotia-based Cobham Tracking and Locating in 2013, several people who were let go ended up at Ultra Electronics; what I didn’t realize was Cobham went on to acquire that in 2021. I wonder if any of the ex-Cobham employees were still there, and how they reacted.