American defence contractor AeroVironment (AV) has completed the acquisition of BlueHalo in an all-stock transaction with an enterprise value of roughly $4.1bn.
This strategic deal will facilitate AV’s penetration into crucial market segments and bolster its capabilities across multiple domains.
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The merger brings together a suite of systems and next-generation technologies, offering integrated solutions for air, land, sea, space, and cyber warfare.
AV’s portfolio includes autonomous uncrewed systems, precision strike and defensive systems, space technologies, and cyber and advanced solutions.
These are supported by autonomy, mission software, and command and control systems that enhance coordination, responsiveness, and decision-making for tactical operations.
AV’s national presence includes innovation centres, manufacturing sites, and technology labs that provide the necessary infrastructure to scale critical capabilities and meet urgent mission requirements.
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By GlobalDataAeroVironment’s leadership will continue under Wahid Nawabi as chairman, president, and CEO.
Nawabi said: “We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, talent, and technology needed to lead in the most critical areas of modern defence.
“By bringing together two mission-focused organisations, the new AV is built to accelerate innovation, strengthen our customer partnerships, and deliver operational impact across every domain. This is a pivotal step in our journey, and one that positions us to create long-term value for shareholders and strategic advantages for our customers.”
AeroVironment will structure its operations into two business segments to align with customer missions and its financial reporting framework.
The Autonomous Systems segment, led by Trace Stevenson, will focus on uncrewed systems, precision strike systems, defence systems, ground and maritime robotic solutions, and MacCready Works.
The Space, Cyber and Directed Energy segment, led by Trip Ferguson, will cover space technologies, directed energy solutions, cyber solutions, and mission services.
Following the transaction, David Wodlinger and Henry Albers from Arlington Capital Partners have joined AeroVironment’s board of directors, expanding its members to ten.
RBC Capital Markets and Latham & Watkins served as financial advisor and legal advisor, respectively, to AeroVironment.
In April 2025, the Italian Ministry of Defence awarded AeroVironment a $46.6m contract for the JUMP 20 vertical take-off and landing medium uncrewed aircraft system.
AeroVironment, headquartered in Arlington, Virginia, operates across more than 40 states and employs more than 3,750 individuals.
