Fairbanks Morse Defense Acquires Federal Equipment Company

Fairbanks Morse Defense Acquires Rolls-Royce Naval Propulsors & Handling Business

September 19, 2024

Aerospace & Defense

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has agreed to acquire Rolls-Royce’s Naval Propulsors & Handling business, including manufacturing campuses in Pascagoula, Mississippi and Walpole, Massachusetts, with the Peterborough, Ontario handling facility to transfer later. The acquisition expands FMD’s naval propulsion, foundry and handling capabilities to better serve U.S. and allied navies and preserves critical manufacturing capacity for the U.S. Navy supply chain.

Fairbanks Morse Defense Acquires AMMCON Corp.

March 26, 2024

Aerospace & Defense

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Jacksonville-based AMMCON Corp., a manufacturer of fittings and assembled components for naval platforms. The add-on strengthens FMD's turnkey maritime defense capabilities and expands AMMCON's products to additional U.S. Navy, Coast Guard, and Military Sealift Command platforms.

Fairbanks Morse Defense Acquires Samtan Engineering Corporation

January 8, 2024

Manufacturing

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Samtan Engineering Corporation, a single-source metalworking supplier based in Malden, Massachusetts. The purchase expands FMD's manufacturing capabilities—adding metal stamping, forming, machining, welding and assembly—to better support U.S. Navy submarine and other maritime programs.

Fairbanks Morse Defense Acquires Maxim Watermakers

January 18, 2022

Manufacturing

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Maxim Watermakers, a Shreveport, Louisiana-based maker of desalination and water treatment systems for marine defense applications. The deal adds desalination, reverse osmosis and heat-recovery evaporator capabilities to FMD’s turnkey onboard solutions offering to the U.S. Navy, U.S. Coast Guard and other marine customers.

Fairbanks Morse Defense (Arcline) Acquires Vestdavit

September 10, 2025

Aerospace & Defense

Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Vestdavit, a Bergen-based supplier of davits and advanced boat-handling systems, from its four owners for an undisclosed amount. The deal expands FMD's marine handling and OEM capabilities and adds Vestdavit's manufacturing site in Poland plus service centers in the Netherlands and Seattle to FMD's global footprint.

Fairbanks Morse Defense Acquires Fluid Filtration Specialists LLC

December 16, 2021

Industrial Services

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Fluid Filtration Specialists LLC, a U.S.-based provider of flushing, filtration and testing services for marine vessels and heavy-duty engines. The add-on expands FMD's service capabilities for shipyard, defense and commercial marine customers including the U.S. Navy and U.S. Coast Guard.