AeroVironment to acquire BlueHalo from Arlington Capital Partners for $4.1bn.

AeroVironment, a defense contractor, agreed to acquire BlueHalo, a purpose-built platform providing industry-leading capabilities, from Arlington Capital Partners, a private investment firm, for $4.1bn. “For over 50 years, AV has pioneered innovative solutions on the battlefield, and today we are poised to usher in the next era of defense technology through our combination with BlueHalo. BlueHalo not only brings key franchises and complementary capabilities, but also a wealth of technologies, diverse customers and exceptional talent to AV. Together, we will drive agile innovation and deliver comprehensive, next-generation solutions designed to redefine the future of defense. We are thrilled to welcome the talented BlueHalo team as we unite our strengths, expand our global impact and accelerate growth and value creation for AV shareholders,” Wahid Nawabi, AeroVironment Chairman, President and CEO.