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Fairbanks Morse Defense Acquires Navy Supplier Welin Lambie

Cal Biesecker By
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Fairbanks Morse Defense Acquires Navy Supplier Welin Lambie
Photo: Welin Lambie

Fairbanks Morse Defense (FMD) on Wednesday said it has acquired Welin Lambie, a designer and manufacturer of davits used in shipyards and on ships to launch and recover vessels, a deal that fits with the company’s strategy to become a full-service supplier to its defense and commercial customers. The value of the transaction wasn’t disclosed. Welin Lambie, which is based in the United Kingdom, has 34 employees. FMD, which is based in Wisconsin and is best known for its engines…

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