Fairbanks Morse Defense (FMD) acquires AMMCON Corp. to expand turnkey solutions for maritime defense
Acquiring Company
Fairbanks Morse Defense
Acquired Company
AMMCON
BeloitJacksonvilleManufacturingmachineryManufacturingDescription
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer. This acquisition further expands FMD's commitment to providing critical components to the U.S. Navy and other marine defense customers, enabling AMMCON to expand its products to additional platforms and customers across the U.S. Navy, Coast Guard, and Military Sealift Command.
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Frequently asked
Who acquired AMMCON?
AMMCON was acquired by Fairbanks Morse Defense, based in Beloit. The deal was reported on March 26, 2024. Fairbanks Morse Defense (FMD) is the leading provider of the highest value equipment for naval defense customers. Fairbanks Morse Defense is privately held and operates in Manufacturing.
When did Fairbanks Morse Defense acquire AMMCON?
Fairbanks Morse Defense's acquisition of AMMCON was reported on March 26, 2024. Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AMMCON do?
AMMCON combines years of manufacturing expertise with today’s latest technologies to provide fast and precise solutions for marine customers. It is privately held, operating in Manufacturing, and is based in Jacksonville.
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