AeroVironment, Inc. (NASDAQ: AVAV) has announced the successful acquisition of Empirical Systems Aerospace, Inc. (ESAero) for approximately $200 million. This strategic move, finalized on March 16, 2026, is expected to significantly bolster AeroVironment's manufacturing capabilities in the electric and unmanned aviation sectors. The acquisition includes a combination of cash and stock, with approximately $160 million paid in stock and the remainder in cash, subject to post-closing adjustments. The deal involves the issuance of 671,078 shares of AeroVironment's common stock, valued at $234.59 per share based on the average price over the preceding 25 trading days. ESAero, recognized for its expertise in unmanned aircraft systems and advanced air mobility platforms, will operate as a wholly-owned subsidiary of AeroVironment. The integration of ESAero's innovative engineering and manufacturing capabilities is anticipated to enhance AeroVironment's position as a leader in the defense technology market, particularly in addressing the evolving demands of the U.S. Department of Defense. This acquisition follows AeroVironment's previous $4.1 billion acquisition of BlueHalo in May 2025, marking a continued trend of strategic growth through acquisitions aimed at expanding its technological capabilities and market reach.

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