WeaveTech: A Brief History and Analysis
WeaveTech was purchased by CVX Partners in 2007. While the company has historicallyoperated as both a military contractor and civilian based retailer, at this time, approximately 75%of sales emanate from the civilian sector, with the remaining 25% being military contracts.
Given changes to America’s foreign policy initiatives since 2008, the likelihood of ongoing, significant military contracts for WeaveTech products has declined significantly.
As a result of these changes, in 2013, corporate leadership began to the complicated process to shift the focus of the company’s client base and began to focus on the design and manufacturing of high quality outdoor and sportswear that would be marketed primarily to the private/civilian sector.
This organizational plan was
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