M&A Deal Summary

AeroVironment Acquires Arcturus UAV

On January 13, 2021, AeroVironment acquired aerospace company Arcturus UAV for 405M USD

Acquisition Highlights
  • This is AeroVironment’s 3rd transaction in the Aerospace sector.
  • This is AeroVironment’s largest (disclosed) transaction.
  • This is AeroVironment’s 2nd transaction in the United States.
  • This is AeroVironment’s 1st transaction in California.

M&A Deal Summary
Date 2021-01-13
Target Arcturus UAV
Sector Aerospace
Buyer(s) AeroVironment
Deal Type Add-on Acquisition
Deal Value 405M USD

Target

Arcturus UAV

Petaluma, California, United States
Arcturus UAV designs and manufactures Group 2 and Group 3 UAS and provides related services, including contractor-owned, contractor-operated (COCO) services. Arcturus UAV is a supplier to the USSOCOM, supporting its MEUAS III and IV programs, and one of four awardees selected for funded development and demonstrations supporting the U.S. Army’s FTUAS program, a potential billion dollar, next-generation UAS program.

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Buyer(S) 1

Buyer

AeroVironment

Arlington, Virginia, United States
Category Company
Founded 1971
Sector Aerospace
Employees1,403
Revenue 717M USD (2024)
DESCRIPTION

AeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions. AeroVironment was founded in 1971 and is based in Arlington, Virginia.

DEAL STATS #
Overall 3 of 6
Sector (Aerospace) 3 of 4
Type (Add-on Acquisition) 3 of 5
State (California) 1 of 2
Country (United States) 2 of 5
Year (2021) 1 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Telerob Gesellschaft für Fernhantierungstechnik mbH

Ostfildern, Germany

Telerob Gesellschaft für Fernhantierungstechnik mbH is an independent, medium-sized, owner-managed company producing defense and homeland security solutions. The product range includes remote-controlled robots for disarming improvised explosive devices and investigating CBRN hazards, fully equipped service vehicles as well as mobile system solutions ensuring the safety and security of critical infrastructure and people.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-24 Intelligent Systems Group

Manassas, Virginia, United States

Intelligent Systems Group is a development of artificial intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provider of related services to United States government customers. Intelligent Systems Group was founded in 2006 and is based in Manassas, Virginia.

Buy $30M
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