Quanta East  Suggested by donshottype 

Compressed in width by user, who also did some editing -- including reversing the lhs of the macron on _A_, opening the counters on _C_ and _O_ and lowering the cross-stroke on _A_.

Design was originated by Albert Boton as Navy Cut for Hollenstein Phototypo [Nicholas Barker] in 1971 and issued by Mecanorma in 1986 [Typofacto]. For the original Navy cut in use see https://fontsinuse.com/typefaces/32569/navy-cut

Navy Cut was purportedly inspired by letters on a life buoy.

Oh, thank you so much for the interesting information about this font.