Fairbanks Morse Defense to Acquire Rolls-Royce Naval Propulsors & Handling Business
Acquiring Company
Fairbanks Morse Defense
Acquired Company
Rolls-Royce
BeloitManufacturingmachineryManufacturingDescription
Fairbanks Morse Defense (FMD) has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. This strategic acquisition will substantially increase what FMD offers to its U.S. maritime defense customers, while also offering its systems and components solutions to Rolls-Royce's global customer base.
Who to call at Fairbanks Morse Defense, and when
When Fairbanks Morse Defense changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Rolls-Royce?
Rolls-Royce was acquired by Fairbanks Morse Defense, based in Beloit. The deal was reported on September 19, 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 Rolls-Royce?
Fairbanks Morse Defense's acquisition of Rolls-Royce was reported on September 19, 2024. Fairbanks Morse Defense (FMD) has entered into an agreement with Rolls-Royce to acquire its Naval Propulsors and Handling business. This strategic acquisition will substantially increase what FMD offers to its U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rolls-Royce do?
Rolls-Royce will receive £249,000 of the funding to develop its space power station project. It is privately held, operating in Manufacturing.
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