AeroVironment has announced its plan to acquire BlueHalo for approximately $4.1 billion, marking a significant expansion into satellite communications and space-based defense technologies. The deal, which has received unanimous board approval, is expected to close in the first half of 2025, pending regulatory and shareholder approvals. BlueHalo, currently owned by Arlington Capital Partners, holds a $1.4 billion contract with the U.S. Space Force to modernize satellite communication infrastructure.
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