Tag Archives: Mid-Endurance UAS

AeroVironment Closes Arcturus UAV Buy; Wahid Nawabi Quoted

AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its portfolio with the addition of medium unmanned aircraft systems. AeroVironment said Monday Arcturus UAV will operate as its wholly owned subsidiary following the completion of the transaction, which …

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AeroVironment to Buy Arcturus UAV in $405M Cash-Stock Deal; Wahid Nawabi Quoted

Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. AeroVironment said Wednesday it expects to complete the acquisition in the fourth …

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