AeroVironment spent $4.1 billion to acquire the American private defense contractor BlueHalo
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AeroVironment has reached an agreement to acquire BlueHalo in an all-stock transaction valued at approximately $4.1 billion, expected to be completed in the first half of 2025. The deal is anticipated to increase AeroVironment's revenue and earnings per share. BlueHalo is a private defense contractor, with projected revenue exceeding $900 million in 2024 and approximately $886 million in revenue for 2023. AeroVironment's stock price fell nearly 5% in pre-market trading
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