Advent International sells Ultra Maritime to Cobham Ultra for $3.45 billion
Type: Sale · Technology: Defense · Country: United Kingdom · Value: $3.45B · Announced: 2026-07-06
Advent International agreed to sell Ultra Maritime, a provider of undersea warfare solutions, to Cobham Ultra for $3.45 billion. Ultra Maritime specializes in advanced sonar systems, submarine detection technologies, and maritime security solutions, serving naval and defense customers globally. The transaction marks Cobham Ultra's strategic expansion into undersea warfare capabilities, complementing its existing defense and aerospace portfolio. Advent International, which acquired Ultra Maritime in 2021, will retain no ownership stake post-sale. The deal is expected to close in late 2026, subject to regulatory approvals and customary closing conditions.
Counterparties
- Advent (Parent Company)
- Ultra Maritime (Seller)