BELOIT, Wis. — Fairbanks Morse, a portfolio company of Arcline Investment Management, was awarded a six-year indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Coast Guard, the company said in a Jan. 26 release.
The agreement, worth approximately $53 million, enables Fairbanks Morse to maximize and improve engine lifecycle support for the Coast Guard’s 270-foot Famous-class cutters.
As part of the Famous class service life-extension program (SLEP), Fairbanks Morse was awarded this contract to provide services, personnel, facilities, expertise, technological information, special tools, supplies and incidental materials necessary to ensure the longevity of the fleet’s 18-cylinder FM 251F engines. The contract also includes delivery and installation of new engines, spare parts and nonrecurring engineering work.
“Fairbanks Morse has been a trusted engine and service provider to the U.S. Coast Guard for many decades, and it’s an immense honor to be selected to provide engines and services for its vessels,” said George Whittier, chief executive officer of Fairbanks Morse. “We are fully committed to supporting our country’s national defense by delivering reliable products and quality service that facilitate mission-critical operations.”
Through an IDIQ contract, pricing for support services is streamlined under a single agreement, eliminating the administrative, time and cost burdens associated with working through an intermediate party. Fairbanks Morse provides factory certified original equipment manufacturer technicians who undergo rigorous qualifications to meet the company’s high standards for delivering best-in-class support. These technicians will deliver enhanced performance and improved service life while ensuring the highest level of reliability and efficiency for Famous-class cutters.
The U.S. Coast Guard and U.S. Navy have turned to Fairbanks Morse for over 70 years to provide quality diesel engines for marine propulsion and ship service systems. Today, Fairbanks Morse engines are installed on approximately 80% of U.S. Navy ships with a medium speed power application.
