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Business/Financial

Fairbanks Morse Defense Acquires Fittings Manufacturer Supporting Navy

By Cal Biesecker

Tuesday, March 26th, 2024

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Fairbanks Morse Defense Acquires Fittings Manufacturer Supporting Navy

AMMCON component being manufactured. Photo: Fairbanks Morse Defense

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…

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