STADT Naval AS, a Norwegian company with over 40 years of experience in electric propulsion systems for naval forces, will deliver a comprehensive propulsion system for the submarine rescue vessel Rat ...

Fairbanks Morse Defense, an Arcline Investment Management portfolio company, has agreed to acquire Rolls-Royce’s naval propulsors and handling business to expand its capabilities and offerings for ...

Damen Naval has selected Kongsberg Maritime Sweden to deliver controllable pitch propellers and shaft lines for the four Anti-Submarine Warfare (ASW) frigates for the Netherlands and Belgium. As part ...

BELOIT, Wis.--(BUSINESS WIRE)-- Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has entered into an agreement with Rolls-Royce to acquire its Naval ...

Rolls-Royce has completed the divestment of its Naval Propulsors business to Fairbanks Morse Defense (FMD), as part of the company's ongoing strategic reorientation. In 2023, Rolls-Royce announced its ...

Kongsberg Maritime has secured contracts with Irving Shipbuilding Inc., to supply twin fixed built propellers for the River Class Destroyers under construction for the Royal Canadian Navy. The ...

The noise from ship propellers disturbs the marine ecosystem. HAW Kiel investigated the cause and aims to develop quieter ...

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