Fairbanks Morse Defense
- Company typePrivate
- Founded2020
- HeadquartersBeloit, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Fairbanks Morse Defense firmographics
Firmographics- Name
- Fairbanks Morse Defense
- Legal name
- Fairbanks Morse Defense
- Website
- https://fairbanksmorsedefense.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Fairbanks Morse Defense industry classification
Industry- Product category
- Naval Marine Defense Systems
- NAICS
- Ship Building and Repairing (336611), Ship and Boat Building (3366), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
- SIC
- Engines & Turbines (3510), Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades) (IMAJAHAN)
- akta.pro secondary industries
- Propulsion Drives, Gearboxes & Shaftlines (IMAJAHAD), Submarine Systems & Components (Pressure Hull, Ballast, Life Support) (IMABAKAL), Life-Saving Appliances & Safety Equipment (Davit Systems, Lifeboats, Firefighting) (IMAJAIAG), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF), Propulsion, Shafting & Rudder Repair (Engines, Gearboxes, Thrusters) (IMAJAFAC)
Keywords
Where Fairbanks Morse Defense is headquartered
LocationHeadquarters
- HQ city
- Beloit
- HQ country
- United States
- HQ region
- North America
Offices20 records
Markets served
Fairbanks Morse Defense business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Engine Sales and Manufacturing: Design, manufacture, and sale of medium-speed diesel engines for naval propulsion and ship service systems. Includes main propulsion diesel engines (MPDE) and ship service diesel generators (SSDG).
- OEM Parts and Components: Sale of original equipment manufacturer parts for engines and marine systems, including valves, actuators, fans, motors, controllers, and electrical hardware.
- Aftermarket Services and Support: Comprehensive service including field repairs, overhauls, inspections, technical support, training, and unit exchange programs. Provided through global network of service centers.
- Turnkey Solutions: Integrated solutions combining multiple products and services for complete ship system support, including installation, commissioning, and lifecycle management.
- Defense Contracts: IDIQ (indefinite-delivery/indefinite-quantity) contracts with U.S. Navy, Coast Guard, and Military Sealift Command for ongoing support and parts supply.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Fairbanks Morse Defense product offering
Product offeringCore offering
Fairbanks Morse Defense designs, manufactures, and supports mission-critical marine power and propulsion hardware for naval and maritime defense customers, including medium-speed diesel engines, propulsors, valves, actuators, motors, controllers, davit systems, fans, water treatment systems, and electrical hardware. The company supplements its hardware portfolio with turnkey aftermarket services — overhauls, field repairs, training, OEM parts, the Pit Stop accelerated maintenance program, and the FM OnBoard remote collaboration platform — delivered through a global service center network under IDIQ and firm-fixed-price government contracts.
Product overview
Fairbanks Morse Defense operates as a comprehensive naval defense contractor offering an integrated portfolio of power, propulsion, and marine systems products and services. The core product portfolio centers on medium-speed diesel engines (the company's foundational offering with 80+ years of Navy service) supplemented by acquired brands including Bird-Johnson Propeller (propulsors), Hunt Valve (valves and actuators), American Fan (fans and blowers), Federal Equipment Company (hoists and handling systems), Maxim Watermakers (water treatment), Ward Leonard (motors and controllers), Research Tool & Die (electrical hardware), Welin Lambie and Vestdavit (davit systems), and AMMCON (fittings). Beyond hardware, FMD provides technology platforms including FM OnBoard (augmented reality remote collaboration), Robotics (robotic welding), and Additive Manufacturing (3D printing for naval applications). Service offerings include the Pit Stop Program (rapid engine maintenance), Turnkey Solutions, Virtual Support Service, and the FM Defense Accelerator Programme for emerging maritime technology companies. The company serves as a single-source solutions provider for the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and allied navies, having acquired 11 companies since 2020 to expand from a traditional engine manufacturer into a turnkey defense contractor.
Differentiator
Problem solved
Functional benefit
Brands
- Fairbanks Morse Engine (FME): Division specializing in diesel and dual-fuel engine manufacturing for naval propulsion and ship service systems.
- Fairbanks Morse Defense Technology Center of Excellence
- FM Defense Accelerator Programme
- FM OnBoard
- Pit Stop Program
Products and services
- Engines
- Propulsors
Quantifiable outcome
- 60% faster maintenance turnaround on LSD-class ships through Pit Stop program
- +4 more outcomes
Companies that use Fairbanks Morse Defense
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Fairbanks Morse Defense technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
Fairbanks Morse Defense partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered major, strategic and minor.
- Marand Precision EngineeringmajorLong-term agreement for Marand to manufacture and service FMD components in Australia, supporting Royal Australian Navy programs including future nuclear submarine initiatives. Provides integrated solutions for global customer base.
- OceusstrategicThree-year agreement to co-develop Remote Connect, a portable 5G Broadband Kit for maritime defense customers. Enables instant remote connectivity in remote locations for mission-critical ship repairs and FM OnBoard technology support.
- pureLiFistrategicExclusive agreement to deploy secure LiFi technology for maritime defense applications, providing advanced wireless communication capabilities for naval vessels.
- Achates PowerstrategicJoint development and licensing agreement to enhance Fairbanks Morse proprietary diesel and dual-fuel opposed-piston engines with Achates Power's advanced fuel system technology and combustion system for improved efficiency and reduced emissions.
- Goltens DubaiminorInternational service partner providing maintenance and repair services for FMD equipment in Middle East region.
- Sunjin (South Korea)minorChannel partner for parts and service support in South Korea, supporting Korean naval operations and shipbuilding programs.
- Marunda (Singapore)minorInternational service partner in Singapore providing support for Southeast Asia naval customers.
- DP Consulting (Vietnam)minorTeaming agreement for parts and service support in Vietnam through DP Consulting JSC.
- Hosei (Japan)minorInternational service partner in Sasebo, Japan providing support for Japanese naval operations.
- Maritime Sustainment Technology and Innovation Consortium (MSTIC)strategicPartnership through Hunt Valve to develop first 3D-printed valve assembly for U.S. Navy submarines, reducing production time by two-thirds.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Fairbanks Morse Defense competitors and assessment
Company assessmentDirect peers
- Brunswick Corporation: Brunswick's marine propulsion brands (Mercury Marine) and parts-and-accessories businesses overlap with FMD's marine power, propulsion, and OEM parts business across both defense-adjacent and commercial marine segments.
- Wärtsilä: Wärtsilä is a major marine technology supplier of medium-speed engines, propulsion systems, and lifecycle services for naval and commercial marine markets, overlapping with FMD in main propulsion, ship service systems, and aftermarket support.
- Kongsberg Maritime: Kongsberg Maritime supplies integrated naval and commercial marine systems including propulsion, handling, deck machinery, and automation, and is a direct comparable to FMD's expanded portfolio of valves, fans, motors, controllers, and handling systems.
- MAN Energy Solutions: MAN Energy Solutions is a global manufacturer of large two-stroke and four-stroke marine diesel engines, including medium-speed engines for naval propulsion, directly competing with Fairbanks Morse in main propulsion and ship service generator sets for naval and commercial vessels.
- MTU (Rolls-Royce Power Systems): MTU, part of Rolls-Royce Power Systems, supplies high-speed and medium-speed marine diesel engines and complete propulsion systems for naval and commercial vessels, with strong overlap to FMD's engine and propulsion MRO business.
- Caterpillar Marine: Caterpillar Marine is a leading manufacturer of marine diesel and gas engines and generator sets, serving both commercial and military marine customers with medium-speed propulsion products comparable to Fairbanks Morse's engine portfolio.
Emerging players
- ThyssenKrupp Marine Systems: ThyssenKrupp Marine Systems builds submarines and naval surface vessels, with submarine systems and component capabilities that partially overlap with FMD's submarine valve and marine systems business in allied and international markets.
Broad incumbents
- Cummins: Cummins is a global engine manufacturer whose marine and defense business supplies diesel engines and power generation for naval auxiliary and ship service applications, overlapping with FMD's engine and generator portfolio as a broader industrial incumbent.
- Huntington Ingalls Industries: HII is the largest U.S. military shipbuilder (Ingalls Shipbuilding and Newport News Shipbuilding) and a major FMD customer for submarine valves and surface ship equipment; a broader defense incumbent overlapping in naval platform supply chains.
- General Dynamics Electric Boat: General Dynamics Electric Boat is the prime contractor for Virginia- and Columbia-class submarines and a key customer for Hunt Valve's submarine valves; a broader naval defense incumbent with overlapping submarine industrial base exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Fairbanks Morse Defense social profiles
Digital presenceFairbanks Morse Defense compliance and trust
Trust signalCompliance7 records
Fairbanks Morse Defense financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fairbanks Morse Defense leadership team
Management profileNumber of profiles
Profiles11 records
Fairbanks Morse Defense subsidiaries and ownership
Company hierarchySubsidiaries15 records
Fairbanks Morse Defense funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fairbanks Morse Defense M&A and investment
M&A and investmentM&A11 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fairbanks Morse Defense
What does Fairbanks Morse Defense do?
Fairbanks Morse Defense designs, manufactures, and supports mission-critical marine power and propulsion hardware for naval and maritime defense customers, including medium-speed diesel engines, propulsors, valves, actuators, motors, controllers, davit systems, fans, water treatment systems, and electrical hardware. The company supplements its hardware portfolio with turnkey aftermarket services — overhauls, field repairs, training, OEM parts, the Pit Stop accelerated maintenance program, and the FM OnBoard remote collaboration platform — delivered through a global service center network under IDIQ and firm-fixed-price government contracts.
Is Fairbanks Morse Defense a public or private company?
Fairbanks Morse Defense is a private company. It is classified as private equity controlled and is currently operating.
When was Fairbanks Morse Defense founded?
Fairbanks Morse Defense was founded in 2020. It employs 501 to 1,000 people.
Where is Fairbanks Morse Defense based?
Fairbanks Morse Defense is headquartered in Beloit, United States, in the North America region.
How does Fairbanks Morse Defense make money?
Five revenue lines are on record. Engine Sales and Manufacturing is the primary driver. The others are OEM Parts and Components, aftermarket Services and Support, turnkey Solutions and defense Contracts.
Who are Fairbanks Morse Defense's main competitors?
Direct peers on record are Brunswick Corporation, Wärtsilä, Kongsberg Maritime, MAN Energy Solutions, MTU (Rolls-Royce Power Systems) and Caterpillar Marine. ThyssenKrupp Marine Systems is listed as an emerging player. Broad incumbents are Cummins, Huntington Ingalls Industries and General Dynamics Electric Boat.
Does Fairbanks Morse Defense have an API?
No public API is recorded for Fairbanks Morse Defense.
What industry is Fairbanks Morse Defense in?
Fairbanks Morse Defense's product category is Naval Marine Defense Systems. Its primary akta.pro industry code is IMAJAHAN, Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades), with a secondary code of IMAJAHAD, Propulsion Drives, Gearboxes & Shaftlines. Its NAICS code is 336611 and its SIC code is 3510.