Fairbanks Morse Defense Establishes Official Canadian Headquarters Following Successful Rolls-Royce Acquisition
The Naval Handling facility in Peterborough Ontario, now serves as FMD’s Canadian operations centre, localizing critical manufacturing capacity to rebuild Canadian maritime industrial strength.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The closing officially establishes the facility as FMD’s Canadian headquarters, expanding the services division and supporting the revitalization of the Canadian defence industrial base.
“For nearly a century, Fairbanks Morse has been a proud partner of the Royal Canadian Navy and Canadian Coast Guard. As Canada reinvests in its naval power and domestic manufacturing, FMD is positioned to localize a robust portfolio of trusted, mission-critical maritime solutions,” said George Whittier, FMD CEO. “Securing the Peterborough naval handling facility solidifies our commitment to manufacturing in Canada. As a trusted supplier, we are ready to act as a strategic partner under Canada’s Build, Partner, Buy framework, outlined in the country’s first Defence Industrial Strategy.”
