Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management reports that its Hunt Valve business has booked purchase orders totaling $96 million to provide essential valves in support of the construction of 12 new Virginia-class and five Columbia-class submarines. The valves include ship service ball valves and forged high-pressure system valves.
The contract makes Fairbanks Morse Defense among the largest suppliers to these submarine programs. It also guarantees Hunt...
https://www.marinelog.com/news/fmds-hunt-valve-books-96m-in-submarine-valve-orders/