BELOIT, Wis.–(BUSINESS WIRE)–#FMD—Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is redefining the technological limits of national security with the establishment of its Technology Center of Excellence, an initiative designed to consolidate the company’s extensive technology resources under a single platform to maximize its capabilities.
“Most of the companies acquired by FMD in recent years have technology development in their roadmap, but they’re spread out among the individual businesses,” said FMD CEO George Whittier. “By consolidating these initiatives within a specific center of excellence, we can fully leverage our wealth of expertise to benefit our customers in a way that will improve reliability, enhance performance and reduce their lifecycle costs.”
FMD’s technology portfolio focuses on emerging technologies such as Artificial Intelligence (AI), Digital Defenses, SMART Engineering Solutions, Uncrewed Mission Management and FM OnBoard. While the company’s short-term focus is on technology solutions that support autonomy, electrification, and augmented reality, it plans to round out its technology portfolio, through organic growth and future acquisitions, with AI and uncrewed systems solutions.
The new division will be led by Keith Haasl, vice president and general manager of Fairbanks Morse Technology. Haasl, a U.S. Army veteran, joined Fairbanks Morse Defense in 1994 and has established a reputation as a solutions-focused advisor to the defense contractor’s top naval customers, as well as domestic and international commercial customers.
“We’re in constant conversations with our customers, and all the trends point to a future in which their missions are completed autonomously and with reduced human interaction,” Haasl said. “Our Technology Center of Excellence positions us to provide our customers with advanced AI, augmented reality, autonomy, electrification and unmanned solutions to ensure mission readiness well into the future.”
About Fairbanks Morse Defense (FMD)
Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For more than 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.
To learn more, visit www.FairbanksMorseDefense.com.
Contacts
Fairbanks Morse Media Contact:
Mercom Communications
Michelle Hargis
Tel: 512-215-4452
fairbanksmorse@mercomcapital.com