Fairbanks Morse Awarded $13.5 Million Contract to Service US Navy Vessels

Fairbanks Morse, an EnPro Industries company (NYSE: NPO) and leading provider of solutions that are powering the world forward, has been awarded an indefinite delivery/ indefinite quantity (IDIQ) contract with the US Navy. The agreement, worth approximately $13.5 million, will cover all US Navy ships with Fairbanks Morse engines to enable improved lifecycle support and maximize Fairbanks Morse products in critical Navy applications.

The support Fairbanks Morse will provide to the US Navy will include technical and engineering services, logistics, training, and administrative and program management efforts related to diesel engine lifecycles and in-service operations. Fairbanks Morse will provide services, personnel, facilities, expertise, technical information, special tools, supplies and incidental materials necessary to ensure the longevity of the vessels.

“The team at Fairbanks Morse is honored that the US Navy has entrusted our certified technicians to extend the lifecycle of the most rigorously used engines in the world,” said Deepak Navnith, president of Fairbanks Morse. “Additionally, this extensive contract will provide American workers with jobs in our service centers across the country.”

This IDIQ contract allows the Navy to eliminate the administrative, time and cost burdens associated with working through an intermediate party rather than interacting directly with Fairbanks Morse. This agreement will streamline pricing for support services under a single agreement. Fairbanks Morse Factory Certified Technicians undergo the industry’s most rigorous qualifications and set the standard for excellent service within the industry. Fairbanks Morse’s engines, parts and technicians deliver top performance and service life to ensure the highest level of reliability. Fairbanks Morse provides best-in-class support for everything from routine maintenance to unexpected field service, delivering unprecedented engine operation and efficiency.

About Fairbanks Morse

For over 125 years, Fairbanks Morse has been powering the world forward with innovative distributed power generation solutions that deliver optimal performance in a wide range of applications from base load and standby in municipal, nuclear, and institutional facilities to locomotive engines, and naval and commercial-class ship propulsion and shipboard power. Reliable and dependable, its flagship Opposed Piston (OP) engine technology has been trusted for decades and has totaled over 100 million operating hours — many units with over 40 years of service. Learn more about how Fairbanks Morse is committed to delivering power where it is needed most in the world by visiting www.fairbanksmorse.com.

About EnPro Industries, Inc. (NYSE:NPO)

EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit www.enproindustries.com.

Contacts:

Mercom Communications
Wendy Prabhu
FairbanksMorse@MercomCapital.com
+1-512-215-4452

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