AeroVironment acquires BlueHalo in $4.1 billion deal to expand defense capabilities
AeroVironment Inc., a key supplier of small drones to the US military, has announced a $4.1 billion all-stock acquisition of Arlington-based BlueHalo LLC, reports the Washington Business Journal. The combined company integrates AeroVironment’s capabilities with BlueHalo’s expertise in space technologies, electronic warfare, and AI. The combined company,