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Fairbanks Morse Defense has bought Samtan Engineering, a Malden, Massachusetts-based single-source metalworking supplier, in an effort to add metal-stamped products and machine shop services to FMD's portfolio. "Samtan has a long track record of delivering superior customer service and high-quality products to the U.S. Navy, especially for submarine programs," remarked FMD CEO George Whittier.

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking…

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking supplier Samtan Engineeri...