AeroVironment completed the acquisition of BlueHalo from Arlington Capital Partners for $4.1bn.

AeroVironment, a defense contractor, completed the acquisition of BlueHalo, a purpose-built platform providing industry-leading capabilities, from Arlington Capital Partners, a private investment firm, for $4.1bn. “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. 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,” Wahid Nawabi, AeroVironment Chairman, President and CEO.