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M&A · Completed · 1 May 2025

AeroVironment acquisition of BlueHalo

AeroVironment bought BlueHalo in an all-stock deal, adding counter-drone, directed energy and space technology.

Company
BlueHalo
Type
M&A
Status
Completed
Date
1 May 2025
Value
US$4.1bn
Value basis
About US$4.1bn enterprise value, all stock (about 18.5m AV shares)
Region
US
Segment
Drones, counter-UAS and space

Parties

  • AeroVironment buyer
  • Arlington Capital Partners and BlueHalo holders seller

Key terms

Structure
All stock
Announced
19 Nov 2024

Sources

  1. AeroVironment 8-K: investor presentation on BlueHalo sec.gov · 19 Nov 2024
  2. AeroVironment 8-K: AeroVironment and BlueHalo complete transaction sec.gov · 1 May 2025

Record DEF-INV-2025-0007. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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