BIRMINGHAM, England–(BUSINESS WIRE)– #AUKUS–Fairbanks Morse Defense (FMD) has finalized its acquisition of Birmingham, UK-based Truflo Marine, formerly a part of IMI plc. The acquisition is a major step toward FMD’s expansion of valve and actuator design and manufacturing capabilities for mission-critical naval systems serving a global customer base. “With Truflo Marine now part of Fairbanks Morse Defense, we are strengthening the trusted industrial base that allied navies rely on,” said Fairbanks Mo