MSA Expands Body Armor Line with Acquisition
22 October 2007 13:58
North Carolina company provides new opportunities for growth in military and law enforcement markets
MSA has purchased Paraclete Armor and Equipment, Inc of St Pauls, NC, a rapidly growing innovator and developer of advanced ballistic body armor used by military personnel. Paraclete Armor, which employs approximately 200 people and had annual revenues of US$16 million in 2005, will continue to operate from its North Carolina base of operations.
The acquisition, according to John T Ryan III, MSA chairman and CEO, immediately enhances MSA's existing line of ballistic body armor products and strategically positions the company to seek out new sales opportunities in both the military and law enforcement markets.
Paraclete Armor and Equipment was founded in 1998 by Tim D'Annunzio, a former member of the elite US Army parachute team, the Golden Knights. With first-hand knowledge of soldier needs and preferences in ballistic protection, Mr D'Annunzio's efforts have focused on developing tactical vests and load bearing equipment that allow users to more efficiently and safely carry weapons, communications, medical and safety equipment. The company currently holds multiple patents on various vest designs, including a unique cut-away vest system that enables the vest to be removed by the wearer in seconds.
The company's most recent product development – the AV2007 tactical body armor system – represents the next generation of advanced body armor. The vest features a modular design that allows 23 vest configurations, enabling users to tailor the degree of protection based on specific mission or task requirements. The vest employs state-of-art materials for enhanced protection against fragmentation and small arms projectiles.
For more information on this company:
MSA GALLET - Law Enforcement and Anti-Ballistic Helmets
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