# Fairbanks Morse Defense acquires AMMCON Corp.

Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer for the U.S. Navy and marine defense customers.

- Type: Acquisition
- Announced: 2024-03-26
- Where: Jacksonville, Florida, United States
- Status: completed
- Products: fittings, assembled components for submarines and aircraft carriers
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Arcline Investment Management](https://endata.com/companies/5302.md) (investor)
- [Fairbanks Morse Defense](https://endata.com/companies/8380.md) (acquirer)
- [AMMCON Corp.](https://endata.com/companies/76456.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240313937466/en/Fairbanks-Morse-Defense-Continues-Expanding-Turnkey-Solutions-with-AMMCON-Acquisition), 2024-03-26: "Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer."
- [seapowermagazine.org](https://seapowermagazine.org/fairbanks-morse-defense-continues-expanding-turnkey-solutions-with-ammcon-acquisition/), 2024-03-26: "Fairbanks Morse Defense is working to build fully integrated products and services that will meet every need of maritime defense, and to accomplish this, we must continue to identify cutting-edge providers who share our commitment to serving as a defense contractor of the first rank."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.