AERIAL ANNOUNCES ACQUISITION OF HAZARD PROTECTION SYSTEMS

MEADOWS OF DAN, Va., March 11, 2025 /PRNewswire/ -- Aerial, a dominant aviation survivability and technical sewing solution leader in the United States, in combination with Argosy Private Equity of Wayne, PA, a decades-long leader in the lower middle market private equity space, announced the acquisition of Hazard Protection Systems (HPS).

Founded in 2006, HPS provides patented passive Fuel Tank Fire Suppression ("FTFS") systems for Military combat, tactical, and other specialty vehicles. FTFS kits are designed for thwarting combustion from coring threats (IED, RPG, EFP) and from vehicular collusion. The HPS customer base includes the United States Army, Marine Corps, NATO allies, and various tactical truck OEMs.

"For decades, Aerial has been manufacturing all FTFS systems for Hazard Protection Systems. This, combined with the survival, safety, and protection product fit of HPS's solutions with the Aerial mission, makes this acquisition a natural growth initiative for the Company. We will continue to deliver the existing FTFS systems and Bread Box protective explosive transport bags, for the warfighter. What is even more exciting are the future opportunities for innovative applications of these patented fire suppression and explosives protection technologies in our customer's evolving mission sets and the hostile environments of the future," said Thomas Weidley, Aerial's CEO. 

Aerial and Hazard Protection System are working together on a seamless transition for the company. "We know the product and the customers and are ready to quickly integrate HPS into Aerial's business operations to deliver for warfighters at home and abroad in harm's way," said Weidley.

About Aerial
Founded in 1926, Aerial is a leading designer, manufacturer and distributor of survivability products and services for the defense community. Aerial supplies the Department of Defense and first responder communities around the country with the most innovative, most effective custom-engineered solutions capable of withstanding today's dangerous operating environments. The company also offers training and doctrine development as part of its mission to save lives and increase success. Aerial maintains strong relationships with the U.S. Military and large government prime contractors and is a vital part of the global supply chain.

To learn more, visit www.AerialMT.com

About Hazard Protection Systems
Hazard Protection Systems manufacturers patented passive fuel tank fire suppression systems for combat, tactical, VIP, and other specialty vehicles. These systems are designed to protect men and women from combustion threats (IED, RPG, EFP) in theater and vehicular collusion. Since its inception, Hazard Protection Systems has sold over 22,000 fuel tank kits to the United States Army, Marine Corps, NATO allies, and various tactical truck OEMs.

To learn more, visit www.HazardProtection.com

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SOURCE Aerial Machine & Tool Corporation