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Day: January 11, 2022

Fairbanks Morse Acquires Federal Equipment Company

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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

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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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