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Defence giant Lockheed Martin acquires N.S.-based undersea warfare company (www.cbc.ca)
submitted 1 week ago by to c/canada@lemmy.ca
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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?

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[–] 5 points 1 week ago* (last edited 1 week ago)

If it has an office in Canada then this government considers it Canadian.

Ultra Maritime was sold from one American company to another in this instance.

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