March 9, 2022
Blackhawk Aerospace Announces Agreement to Acquire Controlling Ownership of Helicopter Carbon Fiber Tank Manufacturer, Recoil Aerospace
DALLAS, TEXAS – March 8, 2022 – Blackhawk Aerospace announced today it has signed a Letter of Intent to acquire controlling ownership of Recoil Aerospace, LLC, an innovative designer and manufacturer of lightweight, carbon fiber composite wildland fire suppression tanks, aircraft aerostructures, and ballistically tolerant auxiliary fuel tanks for helicopters. This agreement allows Blackhawk to diversify into a growing marketplace while lending its vast manufacturing experience and capabilities to expand the market for Recoil’s products.
“This is an exciting time for Recoil as we partner with Blackhawk to amplify our lightweight, cost-effective products around the world,” Joseph Rice, Managing Director of Recoil Aerospace. “We are looking forward to not only growing our market base, but also bringing a number of exciting in-development products to certification. Together, we will set the new standard in wildfire suppression, focused on safety and improving mission capabilities.”
Blackhawk, an industry leader in developing, certifying, and manufacturing performance product enhancements for aircraft, will grow and expand Recoil’s safe, cost-effective solutions in the aerospace marketplace. Blackhawk brings decades of extensive experience in production design and certification, its government and defense division’s government program expertise, and its composite division’s capabilities to expand Recoil’s product line in the rotorcraft marketplace.
“This exciting partnership will increase Blackhawk’s diversification into a growing global market,” says Matt Shieman, Chairman of Blackhawk Aerospace. “The fire suppression market is growing with global demand increasing for new technology to replace aging products and solutions, which are 15 to 20 years old. Recoil is an innovative company with fresh, unique capabilities and solutions. Our two companies will combine efforts to accelerate delivery of new technology into this high growing global market that needs new, diverse solutions immediately.”
Established in 2008, Recoil has evolved into a global leader in lightweight carbon fiber composite solutions. The Recoil Aerospace family of companies’ experience, expertise, and skill in developing strong, lightweight helicopter Tsunami Wildfire Suppression Tanks, Zeus Ballistically Tolerant Auxiliary Fuel Tanks, and Aero-Structure modifications allows their customers to increase mission performance in austere, hostile environments, providing a distinct global advantage. Visit Recoil in Booth 10757 at the HAI Heli-Expo in Dallas Texas to learn more or visit recoil-usa.com.
The agreement is expected to close Q3 2022.