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Fairbanks Morse Defense Names Steve Pykett as Chief Executive Officer
Fairbanks Morse Defense Names Steve Pykett as Chief Executive Officer

Business Wire

time09-05-2025

  • Business
  • Business Wire

Fairbanks Morse Defense Names Steve Pykett as Chief Executive Officer

BELOIT, Wis.--(BUSINESS WIRE)-- Fairbanks Morse Defense, a leading OEM and aftermarket provider to a large installed base of mission-critical marine technologies, today announced the appointment of Steve Pykett as Chief Executive Officer. Steve brings more than 25 years of experience in the aerospace and defense industry. Most recently, he served as President of Investment Castings at Precision Castparts Corp. (PCC), where he drove significant growth across a global operation spanning more than 30 international sites and over 7,000 employees. Prior to PCC, Steve served in senior leadership and engineering roles at L3Harris Technologies, GKN Aerospace, and Rolls-Royce. 'Steve has an exceptional track record of leading and scaling complex aerospace and defense manufacturing operations,' said a representative for the company. 'We welcome him to the Fairbanks Morse Defense team and are confident that under his leadership the company will further enhance its vital role in strengthening the U.S. maritime defense infrastructure.' Steve commented, 'I'm honored to lead this next chapter of innovation and growth alongside incredible employees whose expertise, pride, and dedication are the foundation of our mission to ensure Freedom of the Seas.' About Fairbanks Morse Defense (FMD) Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For nearly 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management. To learn more, visit .

Fairbanks Morse Defense's Maxim Watermakers Completes Testing of First U.S. Navy Closed Loop Cooling System
Fairbanks Morse Defense's Maxim Watermakers Completes Testing of First U.S. Navy Closed Loop Cooling System

Associated Press

time28-01-2025

  • Business
  • Associated Press

Fairbanks Morse Defense's Maxim Watermakers Completes Testing of First U.S. Navy Closed Loop Cooling System

BELOIT, Wis.--(BUSINESS WIRE)--Jan 28, 2025-- Maxim Watermakers, a business unit of Fairbanks Morse Defense, has successfully completed qualification testing for a first-of-its-kind submarine maintenance Closed Loop Cooling System (CLCS) for Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNS and IMF). This qualification is the first CLCS implementation for the U.S. Navy and Maxim's initial application of this groundbreaking technology at naval facilities. The testing, funded by the Maritime Sustainment Technology and Innovation Consortium (MSTIC), highlights Maxim's engineering expertise and commitment to advancing U.S. Navy operations. The CLCS is designed to support submarines during dry dock maintenance by enhancing operational efficiency, reducing corrosion, optimizing maintenance schedules, and ensuring long-term system reliability. These advantages are particularly critical for naval vessels operating in environmentally sensitive regions or areas with stringent water resource management regulations. The system features a ship service skid to circulate cooling water through the submarine and a chilled water skid to circulate water through high-capacity air-cooled chillers. Maxim's full-scale testing flawlessly executed 14 separate evaluations, proving the system meets U.S. Navy requirements. The rigorous, four-day testing process verified normal operations, emergency responses, test modes, and essential filling and draining functionalities. 'This milestone reflects the engineering excellence of Maxim Watermakers and Fairbanks Morse Defense's dedication to innovation in naval systems,' said Monica Rogers of Maxim Watermakers. 'By leveraging MSTIC's support alongside our technical capabilities, we deliver state-of-the-art solutions that address evolving client needs and enhance critical naval operations worldwide.' Fairbanks Morse Defense and Maxim Watermakers continue to lead the development of advanced water treatment technologies. Through ongoing innovation, the companies aim to deliver reliable, high-performance water systems that address critical challenges and support their customers' operational needs. About Fairbanks Morse Defense (FMD): Fairbanks Morse Defense builds, maintains, and services the most trusted naval power and propulsion systems on the planet. With nearly a century of expertise, FMD supports the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard with innovative marine technologies, OEM parts, and turnkey services. As a portfolio company of Arcline Investment Management, FMD is dedicated to ensuring mission-critical reliability and operational excellence across naval fleets worldwide. To learn more, visit . Michelle Hargis Mercom Communications SOURCE: Fairbanks Morse Defense Copyright Business Wire 2025. PUB: 01/28/2025 10:36 AM/DISC: 01/28/2025 10:36 AM

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