Search

Fairbanks Morse Defense To Acquire Naval Supplier Truflo Marine

Fairbanks Morse Defense To Acquire Naval Supplier Truflo Marine
Truflo Marine double ball marine hull valve. Photo: Truflo Marine

Fairbanks Morse Defense (FMD) on Monday said it has agreed to acquire United Kingdom-based Truflo Marine in a deal that expands its current work in valve design and manufacturing and expands its global footprint in support of allied naval submarine and surface vessels. Truflo is a business unit of IMI plc, which said it is selling the unit for $295 million. The transaction is subject to regulatory approvals and is expected to close in mid-2026. The pending acquisition would continue…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

SNC Manufacturing LLC (Orocovis, Puerto Rico) – $15,857,625

SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…


Huntington Ingalls Inc. (Newport News, Virginia) – $9,434,758

Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…


JRC Integrated Systems LLC (Washington, D.C.) – $10,708,589

JRC Integrated Systems LLC, Washington, D.C., is being awarded a $10,708,589 cost-plus-fixed-fee term contract (including option years) (N0003026C3031) for Trident II D5 Strategic Weapon System programs and Dreadnought programs. Tasks to be performed include operator and operational knowledge and expertise…


Lockheed Martin Corp. Missiles and Fire Control (Archbald, Pennsylvania) – $23,097,963

Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…