Global defence contractor Fairbanks Morse Defense (FMD) has completed the purchase of a Rolls-Royce (RR) business specialising in propulsion, with another RR firm focused on launch and recovery systems (LARS) soon to follow.
FMD last week announced it had completed its planned acquisition of U.S.-based Rolls-Royce Naval Propulsors, a purchase first announced in September last year.
The completion of the deal sees FMD inherit the RR marine propeller and waterjet manufacturing facility in Pascagoula, Mississippi, which already casts propellers for large numbers U.S. Navy submarines and warships, including all of its aircraft carriers.
It also takes over the former RR sites in Walpole, Massachusetts, which specialises in propulsion systems and support services for the U.S. Navy and Coast Guard.
According to RR in due course the sale of its Naval Handling business in Peterborough, Ontario, a Centre of Excellence with significant LARS expertise, as well as a focus on undersea technology, is expected to follow suit.
That facility’s products include the Mission Bay Handling System for BAE Systems’ Global Combat Ship programme which takes in the Royal Navy’s Type 26 frigates and Defence Australia’s Hunter-class frigates as well as the Canadian River-class destroyers.
FMD CEO George Whittier commented last year: “When you look at the 150-year history of Fairbanks Morse Defense, you will find a handful of distinctive moments that completely transformed this company. We believe the acquisition of Rolls-Royce naval propulsors and handling businesses will become one of those moments.”
And Chairman & CEO of Rolls-Royce North America Adam Riddle added: “We believe this transaction represents the best outcome for the business, its people, and the military customers they serve.”
- You can read more details on the FMD website and the Rolls-Royce website