It has been an eventful year; Hesco has continued to trade strongly, launched a new high security product range, announced plans to open of a UAE manufacturing facility and awarded DLA Superior Supplier Status.
We also, as part of Praesidiad, changed ownership and welcomed our new shareholders who are dynamic and eager to build a wider business through investment and acquisitions, which will bring new and exciting opportunities in the coming months and years.
As a global team we continue to prove we are match for any challenge so long as we keep our focus on our values of integrity, innovation and incisiveness.
Wishing everyone a happy and prosperous 2018!
Michael Hughes, CEO, Hesco Group
Hesco redefine what is possible with lightweight armor protection and at SHOT Show 2017, Las Vegas, we launched the next stage in the armor evolution.
Hamish Russell, Business Development Director for Hesco Group:
“The new venture as part of the Tawazun Economic Agreement will also create business opportunities throughout the region and we are all excited to see what the future brings for Hesco in the UAE.”
Hesco Armor, Inc. and Carolina Performance Fabrics® received U.S. Government regulatory approval to manufacture and distribute hard armor plates to Latin America using HESCO Technology.
We proudly announced the sponsorship of World Record holder and former Royal Engineer, Charlie Martell, who will take on the challenge to be the first person to solo row the largest water mass on the planet and become the first person to row land-to-land across the North Pacific.
HESCO BONEFROG joined Fox & Friends for Fleet Week in Times Square, New York, to challenge military and audiences to an outdoor obstacle race.
Adam Wilding-Webb, Director of High Security, said:
“This next generation of HESCO security barriers build on our extensive experience in protection and a deep understanding of how to respond to changing threats. The modular design of TERRABLOCK provides the ability to easily and effectively upgrade site and event security in response to changing threat levels, whilst minimising the installation impact on the workforce and environment. The importance of having the right solution is paramount.”
Michele Volpi, CEO of Præsidiad, said:
“Over the last few years, Præsidiad has transformed into a successful high-security solutions provider protecting people and critical infrastructure across the globe. I am looking forward to accelerating this transformation, growing the business both organically and through additional acquisitions as we continue to address the growing global needs for improved security and protection.”
Placed in the Commander's Choice category and recognised as a Superior Supplier to the US Defense Logistics Agency (DLA) for Fiscal Year 2017.
"This distinction has been achieved by the dedicated efforts of everyone in the Hesco team, based here in the US and the UK; from production, logistics and the administrative staff who always ensure we deliver on time and the highest quality."
A five-year, Indefinite Delivery/Indefinite Quantity (ID/IQ) contract was awarded to a Hesco distributor, Armor Express, and has a value of US $20m. Armor Express, based in Central Lake, MI, is a leading U.S. manufacturer and distributor of high-performance body armor solutions.
James Langford joined Hesco in 2017 as Chief Commercial Officer, bringing with him 21 years’ experience in the security and risk management sector at Executive Level.
A commissioned British Army Officer with extensive experience in business development, teaming agreements and crisis management, James will ensure Hesco continues developing opportunities for collaborations, within respective markets, and lead the continued global reach of the Hesco product portfolio.