Fairbanks Morse Defense (FMD), a portfolio firm of Arcline Investment Management (Arcline), goals to redefine the technological limits of nationwide safety with the institution of its Technology Center of Excellence.
The initiative is designed to consolidate the corporate’s intensive expertise assets below a single platform to maximise its capabilities.
“Most of the companies acquired by FMD in recent years have technology development in their roadmap, but they’re spread out among the individual businesses,” stated FMD CEO George Whittier. “By consolidating these initiatives within a specific center of excellence, we can fully leverage our wealth of expertise to benefit our customers in a way that will improve reliability, enhance performance and reduce their lifecycle costs.”
EMERGING TECHNOLOGIES
FMD’s expertise portfolio focuses on rising applied sciences resembling synthetic intelligence (AI), digital defenses, SMART engineering options, uncrewed mission administration and FM OnBoard.
While the corporate’s short-term focus is on expertise options that help autonomy, electrification, and augmented actuality, it plans to spherical out its expertise portfolio — by means of natural development and future acquisitions — with Artificial Intelligence and Uncrewed Systems Solutions.
The new division will probably be led by Keith Haasl, vice chairman and common supervisor of Fairbanks Morse Technology. Haasl, a U.S. Army veteran, joined Fairbanks Morse Defense in 1994 and has established a popularity as a solutions-focused advisor to the protection contractor’s prime naval prospects, in addition to home and worldwide industrial prospects.
“We’re in constant conversations with our customers, and all the trends point to a future in which their missions are completed autonomously and with reduced human interaction,” Haasl stated. “Our Technology Center of Excellence positions us to provide our customers with advanced AI, augmented reality, autonomy, electrification and unmanned solutions to ensure mission readiness well into the future.”