Blackhawk Aerospace signs LOI to acquire controlling ownership of Recoil Aerospace

Blackhawk Aerospace announced it has signed a Letter of Intent to acquire controlling ownership of Recoil Aerospace, a manufacturer of carbon fiber composite fire suppression tanks and auxiliary fuel tanks for helicopters. The deal aims to expand into the wildfire suppression market.

“This is an exciting time for Recoil as we partner with Blackhawk to amplify our lightweight, cost-effective products around the world.”recoil-usa.com

• 1 source
• recoil-usa.comBlackhawk Aerospace Announces Agreement to Acquire Helicopter Carbon Fiber Tank Manufacturer, Recoil AEROSPACE | RecoilMar 8, 2022

Summarized from public sources; check the original articles before acting on it.