By: Chesapeake Economic Development
|July 13, 2022 – Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is launching a 45,000-square-foot training and service center campus in Chesapeake, Va. The defense contractor will move its existing service center from Norfolk, Va., to the Chesapeake campus to add a state-of-the-art training facility and further expand advanced service support for its customers. The move represents a $13 million investment in the community.|
“We are excited to have Fairbanks Morse Defense as the newest member of our business community,” said Rick West, Mayor of Chesapeake. “The Hampton Roads region has a long and storied history in the defense industry and having Fairbanks Morse Defense locate its new state-of-the-art facility in the City of Chesapeake underscores the City’s commitment to our military and its partners. We look forward to working with Fairbanks Morse Defense as it continues to grow in Chesapeake.”
FMD’s new training and service center campus, located at 733 Curtis Saunders Court, is near Norfolk, Va., the largest U.S. Navy and Military Sealift Command fleet concentration in the U.S. The U.S. Coast Guard also has a strong presence in the area.
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