Fairbanks Morse Defense acquires Federal Equipment Company

Fairbanks Morse Defense acquired Federal Equipment Company, including its Military and commercial businesses, to expand product capabilities for shipyard, defense, and industrial customers. The acquisition was announced on January 5, 2022.

“Fairbanks Morse Defense is committed to the values that define us as a leading defense contractor. The capabilities, experience, and quality reputation that we’re acquiring with FEC reinforce this commitment and solidify our position as a proven, single-source provider to our naval customers.”arcline.com

• 4 sources
• arcline.comFairbanks Morse Defense Expands Turnkey Solutions with Federal Equipment Company Acquisition - Arcline Investment ManagementArcline Investment ManagementJan 5, 2022
• beloitdailynews.comFairbanks Morse acquires Federal Equipment Company | News | beloitdailynews.comClint WolfJan 11, 2022
• businesswire.comFairbanks Morse Defense Acquires Maxim WatermakersFairbanks Morse Media ContactJan 18, 2022
• seapowermagazine.orgFairbanks Morse Defense Acquires Maxim Watermakers - Seapower MagazineSeapower StaffJan 21, 2022

Summarized from public sources; check the original articles before acting on it.