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Fairbanks Morse Fairbanks Morse Defense Propulsor Rolls Royce Holdings

## Fairbanks Morse Signs US Navy Contract to Produce Advanced Propulsors for Guided-Missile Destroyers **Fairbanks Morse has secured a $191 million contract from the U.S. Navy to manufacture advanced electric drive propulsors for guided-missile destroyers (DDG(X)).** The propulsors will be integrated into the new DDG(X) destroyer class, which is scheduled to enter service in the mid-2030s. The contract marks a significant milestone for Fairbanks Morse, which is a leading provider of propulsion systems for naval vessels. The company has a long history of providing propulsion systems for U.S. Navy ships, including the Arleigh Burke-class destroyers and the Zumwalt-class destroyers. The new propulsors will be based on Fairbanks Morse's advanced electric drive technology, which has been proven to improve the efficiency and performance of naval vessels. The electric drive system allows for more precise control of the ship's propulsion, which can result in improved maneuverability and fuel efficiency. The DDG(X) destroyer will be the first U.S. Navy ship to be equipped with electric drive propulsors. The new propulsors are expected to provide the DDG(X) with a number of advantages, including: * **Increased efficiency:** The electric drive system is more efficient than traditional diesel-powered systems, which can result in significant fuel savings. * **Improved performance:** The electric drive system provides more precise control of the ship's propulsion, which can result in improved maneuverability and speed. * **Reduced emissions:** The electric drive system produces fewer emissions than diesel-powered systems, which can help to reduce the ship's environmental impact. The DDG(X) destroyer is a next-generation warship that is being designed to meet the challenges of the 21st century. The ship will be equipped with a variety of advanced technologies, including electric drive propulsors, that will give it a significant advantage over current warships. The contract for the new propulsors is a major win for Fairbanks Morse and a testament to the company's expertise in propulsion systems. The company is expected to begin production of the propulsors in 2024. ### About Fairbanks Morse Fairbanks Morse is a global provider of engines, generators, and propulsion systems for the marine, power generation, and industrial markets. The company has a long history of providing innovative and reliable solutions for its customers. Fairbanks Morse is headquartered in Beloit, Wisconsin. ### About Rolls-Royce Holdings Rolls-Royce Holdings is a global provider of integrated power systems and services for use on land, at sea, and in the air. The company has a long history of providing cutting-edge technology to its customers. Rolls-Royce Holdings is headquartered in London, United Kingdom.


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