Fairbanks Morse Defense Acquires Fluid Filtration Specialists LLC

Fairbanks Morse Defense Acquires Rolls-Royce Naval Propulsors and Handling Businesses

September 19, 2024

Industrial Services

Fairbanks Morse Defense (FMD), backed by Arcline Investment Management, entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling businesses, including propellers, waterjets, and naval handling systems. Rolls-Royce later completed the sale of the Naval Propulsors units to FMD, while the Naval Handling business transfer (Peterborough, Ontario) closed subsequently.

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 American Fan

October 30, 2023

Aerospace & Defense

Fairbanks Morse Defense (an Arcline portfolio company) has acquired American Fan, a Fairfield, Ohio-based maker of axial and centrifugal fans. The add-on expands FMD’s OEM product and service capabilities for naval and marine customers, integrating American Fan’s fans (specified in 30 U.S. Navy shipbuilding programs) into FMD’s turnkey marine solutions.

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 Acquires Federal Equipment Company

January 5, 2022

Aerospace & Defense

Fairbanks Morse Defense (a portfolio company of Arcline Investment Management) has acquired Federal Equipment Company, a designer and manufacturer of mission-critical shipboard cargo elevators, engineered doors, and material handling systems. The add-on expands FMD's manufacturing and service capabilities for shipyard, defense and industrial customers, with particular emphasis on support for the U.S. Nuclear Navy.