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True Velocity Acquires Suppressor Manufacturer Delta P Design; No Financial Terms Disclosed

Benzinga ·  Jul 24, 2023 08:25

Texas-based ammunition manufacturer TV Ammo, Inc. ("True Velocity") announced today it has acquired advanced suppressor technology company Delta P Design ("Delta P").

The strategic acquisition, approved by the True Velocity Board of Directors earlier this month, further strengthens the company's portfolio of American-made advanced, lightweight ammunition technology and next-generation weapon systems.

True Velocity's initial focus was on the deployment of advanced, lightweight polymer-cased ammunition solutions in the domestic and international defense markets, as well as the U.S. commercial market, but this merger with Delta P, on top of the previous acquisition of Lone Star Future Weapons in November 2021, demonstrates the company's accelerated expansion into a growing global market for advanced weapon system technology made in the United States.

"True Velocity owns world-class ammunition technology, world-class machine gun technology and, now with the acquisition of Delta P, world-class suppressor technology," said True Velocity President and Lone Star Future Weapons Chairman Craig Etchegoyen. "The only rule we have, when it comes to providing the very best technology to our warfighters, is that it must be American-made. With the acquisition of Delta P, we now have the ability to provide our warriors with superior ammunition, superior weapons and superior suppressors, all made here in America."

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