StratasCorp Wins Potential $210M IDIQ to Support Military Sealift Command C4 Systems

Fairbanks Morse Defense, a portfolio company of private equity firm Arcline Investment Management, has purchased AMMCON as part of efforts to expand the delivery of critical components and turnkey services to the U.S. Navy, Coast Guard, Military Sealift Command and other marine defense customers. AMMCON is a Jacksonville, Florida-based provider of critical fittings and assembled

Patriot Contract Services has won a potential five-year, $303.6 million contract to help the U.S. Navy’s Military Sealift Command operate and maintain two large, medium-speed, roll-on/roll-off vessels. The service branch obligated an initial $20.3 million for support work on USNS Seay and USNS Pililaau, the Department of Defense said Tuesday. Military Sealift Command solicited offers

An affiliate of private equity firm Lone Star Funds has completed its acquisition of ship repair services provider Titan Acquisition Holdings from global investment firm Carlyle (Nasdaq: CG) and Stellex Capital Management. The transaction was first announced in February. Titan is the parent company of three ship repair and marine fabrication services companies: Vigor Industrial