August 16, 2022 – Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is expanding its capabilities to service unmanned marine vehicles (UXV) through a licensing agreement with DECK Marine Systems (DECK) , a developer of innovative systems for deploying and recovering ships and sensors. Under the agreement, FMD and DECK will jointly develop an Intelligent Launch and Recovery System (LARS) for use with UXVs, and FMD will have an exclusive license to sell and service LARS, the deployment units of instruments (IDU) and winches from DECK for the United States. , the government markets of Canada, Australia and the United Kingdom.
“As the Navy develops and tests more unmanned vehicle technologies, FMD remains committed to providing the capabilities and support needed to expand the reach and reach of our fleet,” said FMD Chief Commercial Officer Jay McFadyen. “The expanded capabilities offered by our license agreement with DECK Marine Systems, combined with our existing products and services from our Welin Lambie business unit, enhance our ability to help propel America’s maritime defense into the future.”
Through this agreement, DECK will have access to FMD’s global network of highly trained field service technicians, as well as a wide range of marine technology, OEM products and turnkey services through the six strategically located by the defense contractor. DECK will also leverage FMD’s customer-focused regional account managers to expand its presence among maritime defense customers.
“Accuracy and durability are critical to maritime military success, and we believe this makes DECK’s proven technology solutions ideal for supporting Navy UXV programs,” said Dmitri Jekimov, CEO of DECK Marine Systems. “We look forward to working with FMD to expand our presence and capabilities to serve more Navy markets.”
For over 100 years, FMD has provided products and services to the Navy. Today, the defense contractor powers more than 80% of Navy ships with medium-speed applications. The defense contractor rapidly expanded its line of advanced marine technology, OEM parts and turnkey services for maritime defense customers through expansion and acquisition of companies such as Federal Equipment Company (FEC), Hunt Valve, Maxim Watermakers, Research Tool & Die (RT&D), Ward Leonard and Welin Lambie. Most recently, the defense contractor was appointed as the exclusive naval services provider for The Ideal Electric Company.
The products and services described in this press release are not endorsed by The Maritime Executive.