Nov 202524
Fairbanks Morse Defense agrees to buy Truflo Marine
Seller: IMI
IMI's Birmingham, UK-based business in valve design, engineering and manufacturing for naval submarine and surface vessels
UndisclosedPending
Company
Fairbanks Morse Defense
Fairbanks Morse Defense designs, builds and services naval power and propulsion systems for the U.S. Navy, Coast Guard, Military Sealift Command and Canadian Coast Guard. ↗
| Headquarters | Beloit, WI ↗ |
|---|---|
| Leadership | George Whittier, Chief Executive Officer ↗; Chris McVicker, Chief Financial Officer ↗; Dan Rediger, President of Power and Propulsion ↗ |
| Ownership | Private; Arcline Investment Management ↗ |
| Website | www.fairbanksmorsedefense.com ↗ |
Products
- Fairbanks Morse Defense builds U.S.-made medium-speed diesel engines for the U.S. Navy. ↗
- Fairbanks Morse Defense and American Fan supply axial and centrifugal fans and blowers, and are the primary supplier of shock-qualified fans for U.S. Navy surface ships. ↗
- Bird-Johnson makes propulsion systems for naval vessels. ↗
- Hunt Valve supplies high-endurance, severe-duty valves and components. ↗
- Ward Leonard provides electric motor, generator and control solutions for naval applications. ↗
- Vestdavit designs and supplies systems for launching and recovering manned and unmanned craft at sea. ↗
- Maxim Watermakers supplies heat recovery evaporators and reverse osmosis watermakers. ↗
Customers
- The U.S. Navy is a customer of Fairbanks Morse Defense. ↗
Deals since 2020
Sep 202510
Fairbanks Morse Defense buys Vestdavit
Seller: Vestdavit's four owners
A supplier of davits and advanced handling systems based in Bergen, Norway
UndisclosedClosed
Sep 202419
Rolls-Royce sells Rolls-Royce Naval Propulsors and Handling business to Fairbanks Morse Defense
Buyer: Fairbanks Morse Defense · Backed by Arcline Investment Management
Propellers and waterjets for naval applications, and marine handling systems for the deployment and recovery of manned and unmanned craft from naval vessels.
UndisclosedClosed Jul 2026
Mar 202426
Fairbanks Morse Defense buys AMMCON
A Jacksonville-based fittings and assembled components manufacturer
UndisclosedClosed
Oct 202330
Fairbanks Morse Defense buys American Fan
A company focused on axial and centrifugal fan technology, located in Fairfield, Ohio
UndisclosedClosed
Jun 202202
Fairbanks Morse Defense buys Research Tool & Die
A privately owned manufacturer of marine electrical-systems hardware based in Carson, California
UndisclosedClosed
Jan 202218
Fairbanks Morse Defense buys Maxim Watermakers
A privately-owned provider of desalination and water treatment technologies for marine defense applications based in Shreveport, La.
UndisclosedClosed
Jan 202205
Fairbanks Morse Defense buys Federal Equipment
Backed by Arcline Investment Management
Designs and manufactures mission-critical components and systems for the U.S. Navy and U.S. Coast Guard (FEC Military), and has a commercial handling business.
UndisclosedClosed
Dec 202116
Fairbanks Morse Defense buys Fluid Filtration Specialists
A company focused on flushing and filtration services for marine vessels and other facilities that operate large engines and systems
UndisclosedClosed
Dec 202108
Fairbanks Morse Defense buys Welin Lambie
A U.K.-based designer and manufacturer of davits for the launch and recovery of craft from ships or shore-based installations
UndisclosedClosed
Sep 202113
Fairbanks Morse Defense buys Hunt Valve
Backed by Arcline Investment Management
Specialty manufacturer of naval valves and electromechanical actuators.
UndisclosedClosed Sep 13, 2021
Jan 202105
Fairbanks Morse buys Ward Leonard
Backed by Arcline Investment Management
A provider of motor and control solutions for military applications, based in Thomaston, Connecticut
UndisclosedClosed Jan 2021
Nov 2020
Fairbanks Morse Defense buys BRECO International
Backed by Arcline Investment Management
Diesel engine repair and rebuilding service provider.
UndisclosedClosed Nov 2020
Our coverage
- Industry · Submarine sustainmentFairbanks Morse discusses Seawolf maintenance with Navy, Breaking Defense reportsCEO George Whittier told Breaking Defense he expects Seawolf work to follow the Los Angeles- and Ohio-class submarine overhauls.
- Industry · Naval propulsionFairbanks Morse starts $60 million naval propulsion expansionAustralian AUKUS funding is part of the project, which the company says will effectively double naval propulsion manufacturing capacity at its Pascagoula facility.