# Fairbanks Morse Defense to acquire Rolls-Royce Naval Propulsors & Handling

Fairbanks Morse Defense has agreed to acquire Rolls-Royce's Naval Propulsors and Handling business, including facilities in Pascagoula (Mississippi), Walpole (Massachusetts) and Peterborough (Ontario). The business produces propellers, waterjets and marine handling systems for naval applications.

- Type: Acquisition
- Announced: 2024-09-19
- Where: Pascagoula, Mississippi; Walpole, Massachusetts; Peterborough, Ontario, United States
- Status: announced
- Products: naval propellers, waterjets, marine handling systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Rolls-Royce](https://endata.com/companies/984.md) (target)
- [Fairbanks Morse Defense](https://endata.com/companies/8380.md) (acquirer)

## Sources

- [fairbanksmorsedefense.com](https://www.fairbanksmorsedefense.com/blog/fairbanks-morse-defense-to-acquire-rolls-royce-naval-propulsors-handling-business/), 2024-09-19: "We believe the acquisition of Rolls-Royce naval propulsors and handling businesses will become one of those moments."

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