Fairbanks Morse Acquires Federal Equipment Company

Fairbanks Morse Defense (FMD) announced January 5th 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. The transaction includes FEC Military, a global leader in designing and manufacturing mission-critical components and systems…

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Fairbanks-Morse Wins USCG Bay Class Tug Supply Contract

Fairbanks Morse Defense 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…

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