Deal snapshot: Fairbanks Morse Defense Acquires Research Tool and Die.

MANews-(C)2009-2022

Wisconsin, US-based defense contractor Fairbanks Morse Defense (FMD) has acquired California marine electrical hardware manufacturer Research Tool and Die (RT and D), to expand portfolio of turnkey solutions, the company said.

Terms of the transaction were not disclosed. RT and D is a supplier of critical electrical hardware to the United States Navy and Canadian Navy...

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