AeroVironment will acquire BlueHalo in an all-stock transaction to create a diversified global leader in defense technologies.

This contract marks a critical step in the Army's efforts to enhance the capabilities of its infantry battalions with advanced, man-portable loitering munition systems.

Designed for the ANCILLARY program, Wildcat meets DARPA’s objectives with a 450 nautical mile mission radius, over 12 hours of endurance on station, and a payload capacity of 60 lbs

This initiative represents a significant push toward enhancing U.S. military capabilities with an initial investment targeting a series of unmanned systems across various domains.

This development marks a notable leap in military drone capabilities, but it also raises questions about the implications of such advancements in warfare technology.

AeroVironment will obtain complete ownership of the company's equity through a combination of cash and stock payments.

The patented system details a mechanism that employs two GPS antennas to enhance flight control, ensuring increased accuracy and safety during aerial maneuvers.