An adjustable ballistic garment includes a first panel, an opposing second panel, and a connection assembly configured to releasably and adjustably couple the first panel to the second panel. The first panel has a first end of a strap attached thereto, while a second end of the strap is free-hanging. The second panel includes an adjustable tensioning loop and a rotary tensioning knob configured to adjust a length of the tensioning loop. A first coupling member is attached to a second end of the strap and includes a pin extending therefrom. A second coupling member is formed separately from the tensioning loop and the first coupling member and includes a cavity configured to receive the pin of the first coupling member and channel configured to receive the tensioning loop.