AeroVironment, Inc. (NASDAQ: AVAV) has announced the successful completion of its transaction with BlueHalo, LLC, establishing a global defense technology leader with integrated capabilities across air, land, sea, space, and cyber domains.
“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 defense,” said Wahid Nawabi, Chairman, President, and Chief Executive Officer of AeroVironment. “By bringing together two mission-focused organizations, 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.”
The combined entity, headquartered in Arlington, Virginia, operates in over 40 U.S. states and employs more than 3,750 people. The company’s national network of innovation centers, manufacturing facilities, and technology labs provides the infrastructure to scale capabilities while meeting critical mission demands.
AeroVironment’s expanded portfolio includes autonomous uncrewed systems, precision strike technologies, counter-UAS solutions, space technologies, and advanced cyber solutions. These are unified by cutting-edge autonomy, mission software, and command and control systems designed to enable faster coordination and tactical decision-making.
The organization will operate under two business segments: Autonomous Systems, led by Trace Stevenson, covering uncrewed systems, precision strike, defense systems, and MacCready Works; and Space, Cyber and Directed Energy, led by Trip Ferguson, encompassing space technologies, directed energy, and cyber solutions.
With Wahid Nawabi continuing as CEO, the combined leadership team draws on deep expertise from both AeroVironment and BlueHalo. As part of the transaction, David Wodlinger and Henry Albers from Arlington Capital Partners have joined the AV Board of Directors, expanding the board to ten members.
AeroVironment’s innovation engine, MacCready Works, remains central to the company’s efforts to develop and deploy next-generation capabilities in emerging mission areas.
Reference: https://www.avinc.com/resources/press-releases/view/aerovironment-and-bluehalo-complete-transaction-creating-a-global-defense-technology
