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Articles from Fairbanks Morse Defense

Fairbanks Morse Defense Reduces Navy Engine Maintenance to Under 30 Days with Pit Stop Strategy
Fairbanks Morse Defense (FMD), an Arcline Investment Management company, created a new blueprint to accelerate engine maintenance that is helping the U.S. Navy reduce deferred maintenance and increase operational availability. The defense supplier’s Pit Stop strategy has delivered impressive results through successful execution on USS GUNSTON HALL (LSD 44), USS ASHLAND (LSD 48), USS OAK HILL (LSD 51), and USS PEARL HARBOR (LSD 52), demonstrating that with advanced planning and effective use of resources, engine overhauls can be completed in as fast as 26 days.
By Fairbanks Morse Defense · Via Business Wire · April 1, 2025
Fairbanks Morse Defense Selected to Supply Main Propulsion Engines for Future USNS Dolores Huerta (T-AO 214)
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a contract by General Dynamics NASSCO to build and deliver the main propulsion diesel engines for the Military Sealift Command’s future USNS Dolores Huerta (T-AO 214).
By Fairbanks Morse Defense · Via Business Wire · March 11, 2025
Fairbanks Morse Defense’s American Fan Awarded Contracts for U.S. Navy DDG Cooling and Ventilation Equipment
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded multiple purchase orders for its Ohio-based business unit, American Fan, to provide cooling and ventilation fans for ten Flight III Arleigh Burke guided-missile destroyers. The equipment will be installed on future destroyers including USS Thomas Kelley (DDG-140), USS Ernest E. Evans (DDG-141), USS Charles J. French (DDG-142), USS Richard J. Danzig (DDG-143), USS Michael G. Mullen (DDG-144), and DDGs 145-149.
By Fairbanks Morse Defense · Via Business Wire · February 18, 2025
Fairbanks Morse Defense Expands Global Service Network with Strategic Presence in Guam
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announces the opening of a new service center in Guam to enhance support for the U.S. Navy’s Pacific operations. This strategic expansion strengthens the company’s commitment to providing exceptional, on-the-ground services, ensuring that naval fleets have the resources they need to reinforce the operational effectiveness of naval forces worldwide.
By Fairbanks Morse Defense · Via Business Wire · January 15, 2025
Fairbanks Morse Defense’s Maxim Watermakers Completes Testing of First U.S. Navy Closed Loop Cooling System
Maxim Watermakers, a business unit of Fairbanks Morse Defense, has successfully completed qualification testing for a first-of-its-kind submarine maintenance Closed Loop Cooling System (CLCS) for Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNS and IMF). This qualification is the first CLCS implementation for the U.S. Navy and Maxim’s initial application of this groundbreaking technology at naval facilities.
By Fairbanks Morse Defense · Via Business Wire · January 28, 2025
Fairbanks Morse Defense Awarded Cross-Company POs from Austal USA to Deliver Mission Critical Equipment for TAGOS-25 Vessels
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program. Through Fairbanks Morse Defense businesses American Fan, Federal Equipment Company (FEC), Maxim Watermakers, and Welin Lambie, the defense supplier will deliver and install fundamental systems for TAGOS-25’s oceanic surveillance ships.
By Fairbanks Morse Defense · Via Business Wire · January 13, 2025
Fairbanks Morse Defense’s Hunt Valve Awarded $96 Million in POs to Deliver Essential Valves for Virginia and Columbia-Class Submarine Programs
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that its Hunt Valve operation has been awarded purchase orders totaling $96 million to provide essential valves in support of the construction of 12 new Virginia-class and five Columbia-class submarines. This includes ship service ball valves and forged high-pressure system valves.
By Fairbanks Morse Defense · Via Business Wire · January 6, 2025
Fairbanks Morse Defense to Acquire Rolls-Royce Naval Propulsors & Handling Business
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels.
By Fairbanks Morse Defense · Via Business Wire · September 19, 2024
Fairbanks Morse Defense Awarded Purchase Order for Common Rail Technology Retrofit Kit on San Antonio Class Ships
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a purchase order by HII’s Ingalls Shipbuilding division to deliver an FM PC2.5 STC common rail technology retrofit kit, which will upgrade existing PC2.5 STC engines currently installed on U.S. Navy San Antonio-class amphibious transport dock ships.
By Fairbanks Morse Defense · Via Business Wire · May 7, 2024
Hunt Valve Awarded PO to Deliver Essential Valves for Coast Guard Polar Security Cutter
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a purchase order to provide motor-operated valves (MOVs) through Hunt Valve for the United States Coast Guard’s (USCG) Polar Sentinel (WMSP-21). The cutter is the first of three multi-mission vessels that will comprise the Polar Security Cutter program, which is intended to supplement the USCG’s missions in the Arctic as well as Operation Deep Freeze in the Antarctic.
By Fairbanks Morse Defense · Via Business Wire · January 10, 2024
Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions
Supply chain impacts from the pandemic and conflicts in Ukraine and the Red Sea make it clear that the United States cannot be overly reliant on foreign sources for critical national defense equipment. Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense.
By Fairbanks Morse Defense · Via Business Wire · April 8, 2024
Fairbanks Morse Defense Teams with Massa Products Corporation and Industrias Ferri S.A. to Expand Product, Service Capabilities
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is expanding its product and service capabilities through agreements with Massa Products Corporation (Massa) and Industrias Ferri S.A. (Ferri).
By Fairbanks Morse Defense · Via Business Wire · September 26, 2023
Fairbanks Morse Defense’s Hunt Valve to Produce First 3D Printed Valve Assembly for U.S. Navy Submarines
Hunt Valve, a Fairbanks Morse Defense (FMD) company, has been awarded a contract by the Maritime Sustainment Technology and Innovation Consortium (MSTIC) to produce a 3D printed valve assembly for installation on U.S. Navy submarines, positioning the defense contractor as a first mover in this sector. Using additive manufacturing to create the 70-pound valve assembly – the first 3D printed assembly to be installed on a U.S. submarine – will provide the Navy with a product that meets or exceeds the quality produced through traditional sand-casting in about two-thirds less time.
By Fairbanks Morse Defense · Via Business Wire · April 3, 2024
Fairbanks Morse Defense Launches Accelerator Program to Support Emerging Maritime Defense Technology
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has launched the FM Defense Accelerator program to identify and nurture emerging technologies with mission-critical applications for the future of maritime defense. The defense contractor is now accepting applications for participants.
By Fairbanks Morse Defense · Via Business Wire · March 28, 2023
Fairbanks Morse Defense Continues Expanding Turnkey Solutions with AMMCON Acquisition
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville- based fittings and assembled components manufacturer. The defense contractor’s acquisition continues its expansion and commitment to providing critical components to the U.S. Navy and other marine defense customers.
By Fairbanks Morse Defense · Via Business Wire · March 26, 2024
Ward Leonard, a Fairbanks Morse Defense Company, Introduces the Modular Novo1 Motor Line
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, introduces the Novo1 motor line by Ward Leonard, the newest AC induction motor line for naval vessels. Designed to withstand some of the most severe operating conditions, the Novo1 motor line is another example of the defense contractor’s commitment to supplying best-in-class marine technology for maritime defense.
By Fairbanks Morse Defense · Via Business Wire · March 1, 2023
Fairbanks Morse Defense Expands Product Portfolio With American Fan Acquisition
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan, a leader in axial and centrifugal fan technology. Located in Fairfield, Ohio, American Fan’s breakthroughs in aerodynamics, acoustics, vibration control, and motor performance over the past 50 years position the company as a trusted maritime defense supplier and an essential addition for FMD to provide the OEM parts and turnkey service solutions to their core customers.
By Fairbanks Morse Defense · Via Business Wire · October 30, 2023
Fairbanks Morse Defense Awarded Sole-Source Service Contract for LCS Freedom-Class Vessels
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Navy. The agreement makes FMD the sole source for engineering and technical support of the main propulsion diesel engines on the Navy’s Freedom-class Littoral Combat Ship (LCS) program.
By Fairbanks Morse Defense · Via Business Wire · January 24, 2023
Fairbanks Morse Defense, Oak Ridge National Laboratory Collaborate on Developing Alternative Fuel Technology for Marine Engines
Oak Ridge National Laboratory (ORNL), the Department of Energy’s largest multidisciplinary laboratory, and Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, have entered into a Memorandum of Understanding (MOU) to collaborate on the development and integration of alternative fuel technologies aimed at reducing the marine engine’s reliance on fossil fuels. FMD will incorporate the research and development conducted at ORNL into its engine design technology.
By Fairbanks Morse Defense · Via Business Wire · August 8, 2023
U.S. Navy Awards Fairbanks Morse Defense Contract for FM OnBoard
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is advancing naval defense capabilities by deploying FM OnBoard technology for use on Navy ships. A recently approved Naval Sea Systems Command contract authorizes validation of FM OnBoard’s mission readiness by implementing its anomaly detection system for the Fairbanks Morse Defense engine. The system will run in concurrence with endurance testing of the engine EFI retrofit.
By Fairbanks Morse Defense · Via Business Wire · January 11, 2023
Fairbanks Morse Defense Contracts with Oceus to Co-Develop Remote Connect Portable 5G Network for Maritime Defense
Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, signed a three-year agreement with Oceus to co-develop and deploy Remote ConnectTM, a reliable, secure, portable 5G Broadband Kit to provide maritime defense customers with instant remote connectivity for any device. The technology provides crews with 5G communications access in some of the world’s most remote locations and in areas with extreme interference, ensuring they maintain mission-critical communications while performing essential ship repairs.
By Fairbanks Morse Defense · Via Business Wire · June 13, 2023
Fairbanks Morse Defense Launches First High-Speed Engine
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is expanding its naval defense capabilities by offering the nForcer FM 175D engine, the defense contractor's first engine designed for high-speed applications. With more power density than competing high-speed engines in the maritime defense marketplace, the nForcer FM 175D is best suited to support the substantial power and propulsion needs of the Navy's unmanned programs.
By Fairbanks Morse Defense · Via Business Wire · January 9, 2023
Fairbanks Morse Defense signs exclusive agreement with pureLiFi to deploy secure LiFi technology
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is advancing its cutting-edge technology portfolio by signing a three-year agreement with UK-based pureLiFi, a world leader in the development of LiFi, a secure, light-based wireless connectivity technology. The agreement makes FMD the exclusive reseller of the company’s technology and products to FM OnBoard maritime defense customers in the United States, providing those users with access to secure, reliable data transmission capabilities while at sea.
By Fairbanks Morse Defense · Via Business Wire · May 31, 2023
Fairbanks Morse Defense Advances Maritime Technology by Launching Technology Center of Excellence
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is redefining the technological limits of national security with the establishment of its Technology Center of Excellence, an initiative designed to consolidate the company’s extensive technology resources under a single platform to maximize its capabilities.
By Fairbanks Morse Defense · Via Business Wire · September 15, 2022
Fairbanks Morse Defense Celebrates Opening of 45,000-Square-Foot Training and Service Center Campus in Chesapeake, Va.
Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, celebrated the grand opening of its newest Training and Service Center Campus in Chesapeake, Va. located at 733 Curtis Saunders Court on May 17th. The state-of-the-art, 45,000-square-foot facility is positioned to offer fully integrated service and technology solutions to the largest concentration of Navy, Military Sealift Command, and Coast Guard fleets in the US.
By Fairbanks Morse Defense · Via Business Wire · May 18, 2023
Fairbanks Morse Defense Acquires Research Tool & Die
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (“Arcline”), has acquired Research Tool & Die (RT&D), a privately owned manufacturer of marine electrical-systems hardware based in Carson, California. RT&D products secure and support cables and wires throughout naval ships. This acquisition adds to FMD’s expanding portfolio of turnkey solutions.
By Fairbanks Morse Defense · Via Business Wire · June 2, 2022
Welin Lambie Awarded PO by U.S. Navy to Supply Ford Class Carrier Davits
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a purchase order by Newport News Shipbuilding to supply four davits through Welin Lambie for the Ford Class aircraft carriers CVN 80 and CVN 81 (two davits per vessel). The award follows the supply of davits for CVN 78, which just entered service, and CVN 79, which is currently under construction.
By Fairbanks Morse Defense · Via Business Wire · May 10, 2023
Fairbanks Morse Defense to Prioritize DEI by Establishing Committee to Create a Diversity Roadmap
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is establishing a committee to develop and deploy a diversity roadmap that will increase the presence and inclusion of women, minorities, and other underrepresented groups in every tier of the defense contractor's workforce. Over the next six months, a committee that will include a cross-functional team of women, minorities, and other company representatives will drive the development of strategies and actions the defense contractor will take to strengthen its Diversity, Equity and Inclusion (DEI) practices.
By Fairbanks Morse Defense · Via Business Wire · May 10, 2022
Fairbanks Morse Defense Teams with Caley Ocean Systems to Service and Sell Launch and Recovery Systems
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has finalized a teaming agreement with Caley Ocean Systems, a Pryme Group Company, to pursue launch and recovery, and other naval mechanical handling opportunities. This collaboration expands FMD's capabilities to provide best-in-class marine technologies while strengthening Caley Ocean Systems’ presence in the U.S.
By Fairbanks Morse Defense · Via Business Wire · April 5, 2023
Fairbanks Morse Defense Promotes Crystal Brent to Chief Marketing Officer
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is pleased to announce that Crystal Brent has been promoted to the position of Chief Marketing Officer. At FMD, Brent oversees all marketing and branding strategies and initiatives to ensure a smooth integration of new products and services as the company grows into a top-tier defense contractor.
By Fairbanks Morse Defense · Via Business Wire · May 3, 2022
Fairbanks Morse Defense contracted to test nForcer high-speed engine for US Navy’s LUSV platform
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been contracted to provide and test one nForcer high-speed engine to qualify for the Navy’s large unmanned surface vessel (LUSV) platform. To qualify, the engine must perform for a minimum of 720 hours in a land-based test environment without human intervention. Testing will begin in Q3 2023.
By Fairbanks Morse Defense · Via Business Wire · April 3, 2023
BAE Systems Names Fairbanks Morse Defense One of Its Best Suppliers for Its U.S. Ship Repair Business
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, was recognized by BAE Systems with a Partner2Win Gold Award for achieving outstanding results in supporting repair and modernization projects aboard more than 30 naval and commercial vessels last year.
By Fairbanks Morse Defense · Via Business Wire · April 19, 2022
Fairbanks Morse Defense to Provide Engines Featuring Common Rail Technology for LPD 32
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a purchase order by Huntington Ingalls Industries to build and deliver four main propulsion diesel engines featuring common rail technology to power the U.S. Navy’s newest Landing Platform/Dock (LPD) ship, LPD 32. FMD’s common rail system technology maximizes performance through enhanced fuel efficiency and reduced carbon emissions.
By Fairbanks Morse Defense · Via Business Wire · October 11, 2022
Fairbanks Morse Defense Expands Turnkey Solutions with Federal Equipment Company Acquisition
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (“Arcline”), today announced its acquisition of Federal Equipment Company (FEC). The acquisition significantly expands FMD’s product capabilities and service solutions for shipyard, defense, and industrial customers – with emphasis on its support for and offerings to the U.S. Nuclear Navy.
By Fairbanks Morse Defense · Via Business Wire · January 5, 2022
Fairbanks Morse Defense Teams with Buffalo Pumps to Expand Pump Service Capabilities
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized an agreement to serve as the exclusive services provider for Buffalo Pumps, a division of Air and Liquid Systems Corporation. Buffalo Pumps has been a quality manufacturer of centrifugal pumps since 1887 to the global maritime defense and commercial markets. The agreement combines more than a century of expertise from these two industry leaders to expand service capabilities for the U.S. Navy, Military Sealift Command and U.S. Coast Guard customers.
By Fairbanks Morse Defense · Via Business Wire · September 22, 2022
Fairbanks Morse Defense Names Robert Starr Chief Financial Officer
Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, announced that Robert Starr is joining the executive team as Chief Financial Officer (CFO). In this role, he will lead the corporate finance team and oversee all financial reporting for the company.
By Fairbanks Morse Defense · Via Business Wire · October 19, 2021
Fairbanks Morse Defense Expands Unmanned Marine Vehicle Capabilities with DECK Marine Systems Collaboration
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is expanding its capabilities to serve unmanned marine vehicles (UXV) through a licensing agreement with DECK Marine Systems (DECK), a developer of innovative systems to deploy and recover vessels and sensors. Through the agreement, FMD and DECK will co-develop an intelligent launch and recovery system (LARS) for use with UXVs and FMD will have an exclusive license to sell and service DECK’s LARS, instrument deployment units (IDUs) and winches for the U.S., Canada, Australia and UK government markets.
By Fairbanks Morse Defense · Via Business Wire · August 16, 2022
Fairbanks Morse Defense Expands Executive Management Team With Crystal Brent and Chancelor Wyatt
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, expanded its leadership team with two new executives: Crystal Brent and Chancelor Wyatt.
By Fairbanks Morse Defense · Via Business Wire · September 21, 2021
Fairbanks Morse Defense Launches 45,000-Square-Foot Training and Service Center Campus in Chesapeake, Va.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is launching a 45,000-square-foot training and service center campus in Chesapeake, Va. The defense contractor will move its existing service center from Norfolk, Va., to the Chesapeake campus to add a state-of-the-art training facility and further expand advanced service support for its customers. The move represents a $13 million investment in the community.
By Fairbanks Morse Defense · Via Business Wire · July 13, 2022
Fairbanks Morse Defense Acquires Hunt Valve Company, Inc.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and electromechanical actuators. This acquisition expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the U.S. Nuclear Navy.
By Fairbanks Morse Defense · Via Business Wire · September 13, 2021
Fairbanks Morse Defense Becomes Exclusive Naval Field Service Provider for Ideal Electric Motors & Generators
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized an agreement with The Ideal Electric Company (IDEAL), an American manufacturer of high-power, specialty electric motors, generators, and related equipment, to serve as IDEAL’s exclusive naval field service provider. FMD will provide maintenance and global field services for IDEAL’s motors and generators that are already installed or will be installed on naval ships worldwide.
By Fairbanks Morse Defense · Via Business Wire · June 21, 2022
Fairbanks Morse Engine to Power U.S. Coast Guard’s Offshore Patrol Cutter (USCGC) RUSH (WMSM-918)
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, announced today that its Fairbanks Morse Engine (FME) division was awarded a contract by Eastern Shipbuilding Group (ESG) to build and deliver the two main propulsion diesel engines (MPDE) for the U.S. Coast Guard’s fourth Offshore Patrol Cutter (OPC), the RUSH (WMSM-918). FME will build the engines at its Beloit, Wisconsin, manufacturing facility.
By Fairbanks Morse Defense · Via Business Wire · June 22, 2021
Hunt Valve Awarded $2 Million Contract by Newport News Shipbuilding for Ford Class Carrier Essential Parts
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a contract by Newport News Shipbuilding (NNS) to provide essential parts through Hunt Valve for the Ford Class aircraft carriers CVN 78 – CVN 81. The contract, valued at approximately $2 million, covers parts that will be delivered during the second and third quarters of 2022. Hunt Valve, acquired by Fairbanks Morse Defense in 2021, manufactures valves and electromechanical actuators for naval defense applications.
By Fairbanks Morse Defense · Via Business Wire · April 5, 2022
Fairbanks Morse Is Now Fairbanks Morse Defense
Fairbanks Morse, a portfolio company of Arcline Investment Management and a leading provider of reliable power and propulsion solutions, today announced that it is now Fairbanks Morse Defense (FMD). Through this brand realignment, FMD serves as the umbrella for its independent business units and will provide overall strategic guidance and drive the entire organization's business directives. The move reflects the company's emphasis on service to its military and commercial maritime customers while also enhancing its ability to quickly respond to its current customer base with a broader range of aftermarket service solutions.
By Fairbanks Morse Defense · Via Business Wire · April 27, 2021
Fairbanks Morse Defense Introduces Mixed Reality Technology With FM OnBoard™ and Remote Video Collaboration
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is announcing FM OnBoard™, a digital maintenance platform and remote video collaboration product enhancing the defense contractor's virtual support services, today at the Surface Navy Association Symposium. The remote collaboration tool positions FMD as the only naval defense turnkey solutions provider to offer mixed reality technology that gives customers access to immediate comprehensive technical support when and where it's most needed – from the shipyard to the open sea.
By Fairbanks Morse Defense · Via Business Wire · January 11, 2022
U.S. Coast Guard Awards Fairbanks Morse Defense $13 Million Sole Source Contract for Opposed-Piston Engine Parts for Bay Class Icebreaking Tugboats
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Coast Guard (USCG) Surface Forces Logistic Center. The agreement, worth up to $13 million, makes FMD the required source of supply for all opposed-piston (OP) engine parts listed in the contract’s schedule of supplies. These parts primarily support OP engines on nine 140-foot Bay Class Icebreaking Tugboats (WTGBs).
By Fairbanks Morse Defense · Via Business Wire · January 10, 2022
Fairbanks Morse Defense Acquires Fluid Filtration Specialists LLC
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired Fluid Filtration Specialists LLC (FFS), a leader in flushing and filtration services for marine vessels and other facilities that operate large, highly sophisticated engines and systems. The acquisition of FFS further expands FMD’s capabilities and service solutions for shipyard, defense, and commercial marine customers, including the U.S. Navy, the U.S. Coast Guard, and the Canadian Coast Guard.
By Fairbanks Morse Defense · Via Business Wire · December 16, 2021
Fairbanks Morse Defense Acquires Welin Lambie Ltd.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (“Arcline”), has acquired Welin Lambie Ltd. (Welin Lambie), a U.K.-based leading designer and manufacturer of davits used specifically for the launch and recovery of all types of craft from ships or shore-based installations. The acquisition further expands FMD’s capabilities and service solutions for shipyard, defense, and commercial marine customers, including the U.S. Navy, the U.S. Coast Guard, and the Canadian Coast Guard. Additionally, FMD’s acquisition of Welin Lambie enhances its product and service offerings for future uncrewed ship programs, as davits that launch and recover crafts and mission packages are expected to be increasingly critical in uncrewed environments.
By Fairbanks Morse Defense · Via Business Wire · December 8, 2021