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Business/Financial

Fairbanks Morse Acquires Supplier Of Marine Electrical Hardware

By Cal Biesecker

Thursday, June 2nd, 2022

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Fairbanks Morse Acquires Supplier Of Marine Electrical Hardware

Research Tool & Die's facilities in Carson, Calif. Photo: RT&D

Fairbanks Morse Defense (FMD) on Thursday said it has acquired Research Tool & Die (RT&D), a small manufacturer of electrical hardware components used in naval ships, adding to its turnkey services offerings. Terms of the deal were not disclosed. RT&D is based in California and has about 75 employees, bringing FMD’s total personnel to about 1,200. RT&D manufactures electrical systems hardware such as wireways, cable trays and racking systems that support cables and wires throughout ships. The company primarily supplies…

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