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.”
Delta P’s innovative, American-made centerfire rifle suppressors and accessories enable enhanced weapon performance through weight, sound and flash reduction, while maintaining optimal functionality and maneuverability. It is the only suppressor technology available that has been proven to function with full reliability on machine gun platforms. True Velocity expects to optimize Delta P’s suppressor technology for military and commercial applications in conjunction with its innovative recoil mitigation technology and advanced weapon system designs. Foremost among those weapon systems is True Velocity’s forthcoming .338 Norma Lightweight Medium Machine Gun, which is the product of more than 12 years of design and development work at General Dynamics Ordnance & Tactical Systems and more than 300,000 rounds of test firing. Lone Star Future Weapons licensed this and other weapon technology from General Dynamics in 2021, prior to Lone Star being acquired by True Velocity.
“At Delta P Design we have partnered closely with True Velocity for several years to develop signature suppression solutions for their various weapon platforms,” said Delta P Design Director of Business Development David Strong. “We are excited to take this next step in our relationship, which will allow us to propagate our unique technology to users and partners worldwide. We believe that the combination of Delta P Design suppressors with True Velocity lightweight ammunition and weapon designs, will provide the U.S. military and allied nations with a critical overmatch capability, along with helping to solve many health and safety issues to the benefit of our warfighters. We are equally excited at the opportunity to bring these technologies to the civilian firearms market, where health and safety are likewise important.”
True Velocity acquired all outstanding equity interests of Springfield, Oregon-based Delta P on a cash- and debt-free basis in a reverse triangular merger. The merger is treated as a tax-free reorganization and closed in July 2023.
“We’re extremely excited to make Delta P part of the True Velocity family,” said True Velocity Chairman and Co-CEO Kevin Boscamp. “They’ve demonstrated a culture of innovation in the suppressor space that matches our standard of excellence and will only enhance our ability to take ammunition and weapon technology to the next level.”
True Velocity’s composite-cased ammunition is designed to offer extensive advantages over traditional brass-cased ammunition, including exceptional dimensional consistency, significantly enhanced accuracy, reduced heat transfer, and an approximate 30 percent reduction in weight over traditional brass-cased cartridges. The company’s advanced weapon technology offers a patented impulse-averaging recoil mitigation system and other innovative features producing improved performance and extreme precision.
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