Strategic Acquisition Riggins was recently acquired by Pelican Energy Partners, signaling a new growth trajectory and potential access to larger project portfolios, capital for expansion, and cross-selling opportunities with Pelican’s portfolio.

Defense and Space Customer footprint includes Department of Defense and NASA, indicating strong credentials for high-spec, regulated fabrication work which sales teams can leverage to pursue similar large-scale government and aerospace contractors.

Complex Fabrication Specialized capabilities in on hull and off hull weldments, pressure vessels, heat exchangers, and specialty metals position Riggins to target mission-critical systems across energy, marine, and industrial sectors with high-margin, long-term contracts.

Capital and Growth Revenue in the range of tens of millions with a mid-market headcount suggests scalability potential; engage for expanded manufacturing capacity, improved lead times, and geographic or sector diversification through the new ownership.

Tech Enablement Utilizes a modern tech stack including AutoCAD, AWS, Office 365, Webflow and collaboration tools, which supports digital design, cloud-based data management, and streamlined project execution—opportunity to offer digital workflow enhancements and ERP/PLM integrations.