Maxim Watermakers manufactures reverse osmosis systems, waste treatment technology, evaporators, salinity monitoring equipment and cleaning solutions at its 50,000-square-foot facility in Shreveport, Louisiana, FMD said Tuesday.
FMD CEO George Whittier said Maxim’s portfolio of technologies makes it a strong addition to the company’s rapidly growing line of marine technologies.
The transaction is part of FMD’s effort to further grow defense technology offerings through a series of acquisitions. The Arcline Investment Management portfolio company recently acquired naval equipment replacement parts manufacturer Federal Equipment Company.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…