AeroVironment (AVAV) to Acquire BlueHalo

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AeroVironment to Acquire BlueHalo Establishing Next-Generation Defense Technology Company

November 19, 2024 6:32 AM EST

Enables AeroVironments Entry into Key Segments and Strengthens Multi-Domain Capabilities

All-Stock Transaction Will Significantly Enhance Growth and Diversification

Companies to Host Conference Call Today at 8:00 A.M. ET

ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) (AV or the Company) and BlueHalo LLC (BlueHalo) today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will... More