Britain's Rolls-Royce has signed an agreement to divest its activities in the field of propulsion systems and ship handling to the U.S. Fairbanks Morse Defense (FMD) which is one of the leading suppliers of naval technologies to the US Navy as well as the Coast Guards of the USA and Canada. The sale will include factories for the production of naval engines in Pascagoula, Mississippi, and Walpole, Massachusetts, and The Canadian unit specialized in ship handling systems which is headquartered in Peterborough, Ontario.

Announcing the decision today, Rolls-Royce specified that The Group's activities in the gas turbines and generators for naval use.