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Fairbanks Morse Defense’s Hunt Valve Secures $96 Million in Purchase Orders for Virginia and Columbia-Class Submarine Programs
Jan 06, 2025•over 1 year ago
Contract Type
contract
Description
Fairbanks Morse Defense's Hunt Valve operation has been awarded purchase orders totaling $96 million to provide essential valves in support of the construction of 12 new Virginia-class and five Columbia-class submarines, making it one of the largest suppliers to these submarine programs. The contract also guarantees work for the next 5+ years, enabling the company to make investments that strengthen its commitment to the U.S. Navy.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months