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Business/Financial

Naval Engine Maker Fairbanks Morse Acquires Aftermarket Services Company Ward Leonard

By Cal Biesecker

Wednesday, January 6th, 2021

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Naval Engine Maker Fairbanks Morse Acquires Aftermarket Services Company Ward Leonard

Navy and Coast Guard diesel engine manufacturer Fairbanks Morse on Tuesday said it has acquired Ward Leonard Operating, a provider of merger and control solutions for military applications in a deal that expands its aftermarket services for military customers. Terms of the deal were not disclosed. “The acquisition of Ward Leonard expands the Fairbanks Morse product portfolio into complementary technologies, positioning us to serve as a power system integrator to the U.S. Navy and U.S. Coast Guard,” George Whittier, CEO…

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