AeroVironment ( (AVAV) ) has provided an announcement.
On April 1, 2025, AeroVironment’s stockholders approved the issuance of common stock to facilitate the company’s acquisition of BlueHalo LLC, marking a significant step towards becoming a leading next-generation defense technology company. The transaction, expected to close in May 2025, aims to enhance AeroVironment’s capabilities in delivering integrated, all-domain solutions, thereby creating new growth and value opportunities.
More about AeroVironment
AeroVironment, Inc. is a global leader in intelligent, multi-domain robotic systems, providing technology solutions at the intersection of robotics, sensors, software analytics, and connectivity. The company serves defense, government, and commercial customers, delivering actionable intelligence to ensure certainty in operations.
YTD Price Performance: -23.82%
Average Trading Volume: 451,285
Technical Sentiment Signal: Buy
Current Market Cap: $3.36B
For a thorough assessment of AVAV stock, go to TipRanks’ Stock Analysis page.