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  • Wednesday, November 20, 2024

Fairbanks Morse Defense Buys Welin Lambie to Grow Marine Products Portfolio

Fairbanks Morse Defense has acquired U.K.-based davit manufacturing company Welin Lambie in a move to grow FMD’s portfolio of products designed for marine customers such as the U.S. Navy and Marine Corps.

Arcline Investment Management-backed FMD said Wednesday it made the acquisition to also offer equipment that could support craft launch and recovery work in unmanned ship programs.

Military customers use Welin Lambie-built devices on amphibious vessels, aircraft carriers, littoral combat ships, cutters and other maritime platforms.

The purchase was part of FMD’s push to further expand its naval sector offerings, following the acquisitions of Hunt Valve, Ward Leonard and BRECO International.

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