
Fairbanks Morse Defense (FMD) on Tuesday said it has acquired AMMCON Corp., a small manufacturer of fittings and assembled components for Navy submarines and ships, a deal that expands FMD’s turnkey solutions. Terms of the deal were not disclosed. AMMCON, which is based in Jacksonville, Fla., has 37 employees. AMMCON’s products are used on the Virginia and Columbia-class submarines, Ford-class aircraft carriers, Coast Guard vessels, and by the Military Sealift Command. Fittings are a new addition to FMD’s product portfolio…