LTC Completes Asset Purchase of ArmorStruxx
Leading Technology Composites (LTC), one of the nation’s largest and most diverse composite armor designers and manufacturers, today announced that it has successfully acquired the business assets and contracts of ArmorStruxx, a Lodi, California company.
“Today’s announcement represents our commitment to the ballistic armor industry as well as our strategy for growth,” said Todd Lair, President of LTC. “The asset purchase of ArmorStruxx will further enhance our industry leading capacity and we look forward to proudly serving their customers with the quality and delivery that they’ve appreciated and expected from both Armorstruxx and LTC”.
While the terms of the asset acquisition are not public, the contracts and key equipment will be transitioned to LTC’s Wichita, Kansas manufacturing facilities beginning immediately.
About Leading Technology Composites
LTC was founded in 1993 and quickly developed a reputation as one of the leading designers and manufacturers of ballistic protection products and systems. From the company’s founding they have designed and produced compo- site armor for personal protection, vehicle protection and aerospace programs and have led the industry in innova- tive application development.
LTC currently has 383,000 square feet of state-of-the-art manufacturing facilities in Wichita, Kansas and a work force of just under 400 highly skilled employees.