Caley Ocean Systems (part of Pryme Group) has signed an agreement with Fairbanks Morse Defense (FMD) to pursue opportunities in naval mechanical handling, including launch and recovery.
Through the partnership, FMD expects to enhance its marine technology offerings, while Glasgow, Scotland-based Caley Ocean hopes to strengthen its presence in the U.S.
FMD CEO George Whittier said the collaboration with Caley Ocean Systems will enable FMD to provide cutting-edge maritime technology that pushes the boundaries of what is possible in the field.
Under the agreement, Caley Ocean will gain access to FMD's global network of skilled field service technicians and strategically located service centers. The access will enable Caley to offer service and overhaul solutions to its maritime defense customers.
Caley, established in 1968, is a leading manufacturer of offshore handling systems. The company specializes in various aspects of engineering, including design, assembly, testing, installation, and on-site support. Caley's product range includes A-frames for submersibles and oceanographic research vessels, winch systems, and dive handling systems. Caley Ocean Systems holds five patents with one pending.
Kerrie Murray, CEO of Pryme Group, said that FMD's field service network and commitment to naval customers will provide new opportunities for Caley Ocean.
FMD has significantly expanded its marine technology offerings, original equipment manufacturer (OEM) parts, and turnkey services for marine defense customers through expansion and acquisitions. Some of the acquired companies include Federal Equipment Co. (FEC), Hunt Valve, Maxim Watermakers, Research Tool & Die (RT&D), Ward Leonard, and Welin Lambie.
FMD has been a provider of products and services to the U.S. Navy and currently powers over 80% of the Navy's ships with medium-speed applications.