Fairbanks Morse Defense to acquire UK-based naval components maker

Steve Pykett, CEO of Fairbanks Morse Defense, said, “Truflo Marine’s suite of highly-engineered products…perfectly complements our existing build-to-print capabilities.”

Pykett added that combining Truflo’s design expertise with FMD’s manufacturing and service network positions the company to deliver integrated valve solutions to allied naval forces. The sale is subject to customary closing conditions, including regulatory review and approval.