New Wave Media

June 15, 2022

Trident Maritime Systems Sells Cannon Mining Division to J.H. Fletcher & Co.

Trident Maritime Systems, a provider of maritime systems and solutions for government and commercial customers and a portfolio company of investment affiliates of J.F. Lehman & Company (JFLCO), announced today that it has completed the sale of its Cannon Mining division to J.H. Fletcher & Co. 

The acquisition enables Trident to focus on its core maritime and defense offerings and strengthens J.H. Fletcher’s current mining equipment products lines as well as its domestic and international aftermarket support. Specifically, the Cannon acquisition will provide J.H. Fletcher with over 30 years of experience building underground mining equipment for industrial mineral and metal mines. The Cannon portfolio that includes drill jumbos, scalers, and roof bolters will further broaden J.H. Fletcher & Co’s existing product lines. Additionally, the articulated frame utility vehicle product line will be a new introduction to J.H. Fletcher’s equipment offering.

Blank Rome provided legal counsel to Trident and JFLCO.

The February 2024 edition of Marine Technology Reporter is focused on Oceanographic topics and technologies.
Read the Magazine Sponsored by

Podcast: Deep Dive with Rhonda Moniz

Marine Technology Magazine Cover Mar 2024 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news