Michael McConnell

Countries are hurting America’s aircraft manufacturing industry, and the U.S. is over reliant on foreign supply chains, a Commerce Department investigation has found. However, the commerce secretary recommended not imposing retaliatory tariffs for now, despite the security risk the situation presents. The investigation, which was conducted under Section 232 of the Trade Expansion Act, is one of several that the White House has undertaken since Donald Trump returned to office.

Lockheed Martin is buying Ultra Maritime Solutions for $3.45 billion. Lockheed Martin has agreed to purchase Ultra Maritime Solutions, a defense company with expertise in undersea and anti-submarine warfare, for $3.45 billion. Ultra Maritime Solutions, which builds sonobuoys, torpedo defense systems, radar and autonomous marine sensing platforms, will become part of Lockheed’s Rotary and Mission Systems business.

Lockheed Martin is buying Ultra Maritime Solutions for $3.45 billion. Lockheed Martin has agreed to purchase Ultra Maritime Solutions, a defense company with expertise in undersea and anti-submarine warfare, in a $3.45 billion deal. The company builds sonobuoys, torpedo defense systems, radar and autonomous marine sensing platforms. Ultra Maritime Solutions will become part of Lockheed’s Rotary and Mission Systems business. In a statement, Stephanie C.