Blackhawk Aerospace has signed a letter of intent to acquire controlling ownership of Recoil Aerospace, the manufacturer of Tsunami helicopter carbon-fiber fire-suppression tanks, Zeus ballistically tolerant auxiliary fuel tanks, and aerostructures.
The deal allows Blackhawk to further diversify and expand the market for Recoil’s products. Blackhawk develops, certifies, and manufactures aircraft performance enhancements.
"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,” said Blackhawk chairman Matt Shieman.