Fairbanks Morse Defense Teams with Marand for Global Expansion

BELOIT, Wis.--(BUSINESS WIRE)-- #FMD--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is teaming with Marand Precision Engineering (Marand) to expand its best-in-class marine technologies, OEM products, and service solutions to marine defense customers in Australia. Under the terms of the long-term agreement with FMD, Marand will manufacture and service components, as well as provide integrated solutions for FMD’s global customer base. “Our collaboration