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Defense Contractor News

27 Mar 2024

Brazilian Built Submarine with French Tech Launched

(Photo: Naval Group)

The presidents of France and Brazil on Wednesday launched a submarine built in the South American country with French technology in a program that aims to build Brazil's first nuclear-powered submarine by the end of the decade.Presidents Emmanuel Macron and Luiz Inacio Lula da Silva attended a ceremony in the Itaguai shipyard near Rio de Janeiro, launching the third diesel-powered submarine built in a $10 billion partnership.Brazil first lady Janja da Silva smashed a champagne…

26 Mar 2024

FMD Acquires AMMCON

Image courtesy FMD/AMMCON

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), 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.“Fairbanks Morse Defense is working to build fully integrated products and services that will meet every need of maritime defense…

10 Nov 2023

Babcock Signs $916M Submarine Infrastructure Deal with UK Defense Ministry

Credit: Babcock

Defense contractor Babcock has signed a four-year £750 million (~$916 million) contract with the UK Ministry of Defence’s (MOD) Submarine Delivery Agency (SDA), to deliver the infrastructure required to support and sustain the UK’s submarines for decades to come.As part of the major infrastructure program underway at the Devonport site, Babcock said it would deliver substantial upgrades to existing infrastructure that will support the future capability of the Royal Navy and the…

30 Oct 2023

Fairbanks Morse Acquires American Fan

George Whittier (Photo: FMD)

Defense contractor Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan, a axial and centrifugal fan manufacturer based in Fairfield, Ohio.“Now more than ever, Fairbanks Morse Defense remains committed to expanding our growing array of OEM equipment to ensure that our fleet is always mission-ready,” said George Whittier, FMD CEO. “American Fan has a long track record of delivering high-quality products to the U.S.

18 Oct 2023

Hanwha Ocean Eyes Submarine Exports to Canada, Philippines, Poland - official

Credit: show999/AdobeStock

South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines, and Poland, a company official said on Wednesday, as the country pushes to become one of the world's top four defense exporters.Canada is studying potential builders for new submarines and has expressed interest in Hanwha Ocean among other foreign rivals, Kim Seung-min, leader of Hanwha Ocean's naval and special ship overseas marketing team, told Reuters in an interview, without naming the competitors."We are now checking on our shoelaces at the start line before the race kicks off…

31 Aug 2023

Birdon Adds Two to its US Board

Kevin Mooney and Ronald Rábago (Photo: Birdon)

Birdon, a defense contractor specializing in maritime solutions, announced it has expanded its U.S. Board of Outside Directors through the recent election of two members with extensive backgrounds with U.S. Navy and the U.S. Coast Guard shipbuilding and ship repair. Kevin Mooney and Ronald Rábago, (Rear Admiral, USCG-Ret.) have agreed to serve as Chairperson and Member, respectively.“Kevin and Ron will provide invaluable insight and guidance to our management team as Birdon continues to grow and deliver major programs to its customers,” said Birdon CEO and owner, Jamie Bruce.

10 May 2023

Welin Lambie to Supply Davits for US Navy's Ford Class Carriers

(Image: Fairbanks Morse Defense)

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. “This contract reinforces FMD’s position as a critical supplier to its core naval defense customers,” said Jay McFadyen, FMD’s Chief Commercial Officer.

03 May 2023

Austal USA Hires New Chief Compliance Officer

Adam Overstreet courtesy of Austal USA

Austal USA has hired Adam Overstreet as vice president of legal affairs and chief compliance officer.Overstreet will manage a broad spectrum of legal issues, including employment and labor law matters, commercial transactions, and litigation. As the company’s chief compliance officer, Overstreet will oversee and strengthen the execution of compliance activities throughout the organization.“Austal USA takes compliance with all laws and government regulations seriously,” Austal USA President Rusty Murdaugh stated.

16 Mar 2023

Austal USA Taps Fairbanks Morse Defense to Equip OPC WMSM-919

(Image: Austal USA)

Fairbanks Morse Defense (FMD) on Thursday announced it has been awarded a contract from shipbuilder Austal USA to supply a range of equipment to support the construction of WMSM-919, the U.S. Coast Guard’s next Heritage-class Offshore Patrol Cutter (OPC).FMD, which has been expanding its offering as single-source maritime defense contractor, said its cross-company package for WMSM-919 includes two main propulsion diesel engines through Fairbanks Morse Defense, a hangar door and stores elevator through Federal Equipment Company (FEC)…

02 Mar 2023

Ward Leonard Unveils New AC Induction Motor Line

(Image: Ward Leonard)

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.Described by the manufacturer as "durable" and "reliable", the Novo1 motor line is modular in design, has a commonality of parts, and has a variety of mounting configurations, speeds, and enclosure types available to meet any shipboard requirements. It is manufactured in FMD's vertically integrated facility in Thomaston, Conn.

19 Feb 2023

Lockheed Martin Scores $2 Billion US Navy Contract

(Image: Lockheed Martin)

The U.S.

24 Jan 2023

FMD Wins Support Contract for US Navy's Freedom-class LCS Engines

USS Freedom (LCS 1) (Photo: James R. Evans / U.S. Navy)

Power and propulsion systems provider Fairbanks Morse Defense (FMD) announced it has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Navy that makes the Beloit, Wis.-based company 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.FMD said it will provide global maintenance and repair services and OEM parts to improve engine performance and increase operational availability.

09 Jan 2023

Fairbanks Morse Defense Launches Its First High-speed Engine

(Image: Fairbanks Morse Defense)

Fairbanks Morse Defense (FMD) 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."The Navy's future fleet will be electric, and the power requirements for each…

16 Dec 2022

Great Ships '22: With Ships, Great or Not, Beauty is in the Eye of the Beholder

Former flagship of the Holland-America line HAL Cruise ship SS Rotterdam serving as a hotel in Rotterdam. Rotterdam.Copyright VanderWolf Images/AdobeStock

My father was on the new construction team of the 1958 SS Rotterdam V, a visually iconic passenger liner that is presently a static hotel and event space in Rotterdam Harbor. When she entered service, her looks were much discussed and generally compared to her very graceful older running partner, the 1936 SS Nieuw Amsterdam II.I have pictures of both vessels in my office and I think the older vessel is the prettier vessel. Beauty is in the eye of the beholder, but, regardless…

15 Nov 2022

BAE Systems Wins $5 Billion Naval Shipbuilding Contract

(Image: BAE Systems)

Multinational defense contractor and shipbuilder BAE Systems announced it has been awarded a £4.2 billion (approx. $5 billion) contract from the U.K. Ministry of Defense to build the next five City Class Type 26 frigates for the U.K. Royal Navy in Glasgow.Ships of the class will be advanced warships designed for anti-submarine warfare and high-intensity air defense, but can adapt its role quickly to transport high volumes of humanitarian aid and house medical facilities, according…

17 Aug 2022

FMD, DECK Strike Deal to Co-Develop 'Intelligent' LARS

Image courtesy Fairbanks Morse Defense

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 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…

13 Jul 2022

Fairbanks Morse Launches Training and Service Center in Chesapeake

(Image: Fairbanks Morse Defense)

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.“We are excited to have Fairbanks Morse Defense as the newest member of our business community,” said Rick West, Mayor of Chesapeake.

05 Apr 2022

Hunt Valve Wins Spare Parts Deal for Ford Class Aircraft Carriers

(Photo: Jackson Adkins / U.S. Navy)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, said it 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.Hunt Valve, acquired by Fairbanks Morse Defense in 2021, manufactures valves and electromechanical actuators for naval defense applications. The contract, valued at approximately $2 million, covers parts that will be delivered during the second and third quarters of 2022.

19 Jan 2022

Fairbanks Morse Defense Acquires Maxim Watermakers

(Image: Maxim Watermakers)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Maxim Watermakers, a privately-owned provider of desalination and water treatment technologies for marine defense applications based in Shreveport, La. The company’s water treatments systems, which provide life-sustaining water for crews during ship deployments, position Maxim as an essential addition for FMD to provide turnkey onboard solutions and global technical support that ensure crews are always mission ready.“What we do is critically important to the safety of our nation and the world…

06 Jan 2022

Fairbanks Morse Acquires Federal Equipment Company

(File photo: Jon Saadey / U.S. Navy)

Fairbanks Morse Defense (FMD) announced it has acquired Federal Equipment Company (FEC), expanding its 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.The transaction includes FEC Military, a global leader in designing and manufacturing mission-critical components and systems for the U.S. Navy and U.S. Coast Guard, including its advanced cargo elevators, engineered doors and specialized material handling equipment.

23 Dec 2020

Elbit Systems to Buy Sparton for $380 Million

Kovalenko I - AdobeStock

Israel-based international defense electronics company Elbit Systems has signed an agreement to buy maritime defense contractor Sparton for $380 million. Elbit said Wednesday that its U.S. subsidiary Elbit Systems of America had signed a definitive agreement with an affiliate of Cerberus Capital Management, L.P. for the acquisition of Sparton. Sparton Parent, Inc.—formerly known as Striker Parent 2018—an affiliate of Cerberus Capital Management, L.P. bought Sparton in March 2019.The Elbit transaction is conditioned on various closing conditions, including receipt of U.S.

08 Dec 2020

France's Next-generation Aircraft Carrier Will Be Nuclear-powered

(Image: Naval Group)

France's next-generation aircraft carrier will be nuclear-powered and replace the national fleet's flagship warship, the Charles de Gaulle, in 2038, President Emmanuel Macron said on Tuesday.The 11th carrier-vessel in the French Navy's history will be built by French defense contractor Naval Group and equipped with the new electromagnetic aircraft launch system developed by U.S. company General Atomics, French officials said.The carrier will be 300 meters long and have a deadweight of 75,000 tons.

11 Aug 2020

Aussie Pumps Wins Korean Navy Contract

(Photo: Australian Pumps)

A Sydney base pump manufacturer and defense contractor has won a contract, to supply 3” engine drive salvage pumps for the Republic Of Korea Navy. The pumps are unique and have application not only in Korea, but in warships and support vessels throughout the world."The original requirement was for a lightweight portable diesel drive salvage pump, capable of handling saltwater,” said Chief Engineer, John Hales. "We'd already developed high pressure firefighting pumps for seawater applications in the form of both the Seamaster and Sea Skipper diesel drive machines’…