BRIEF-AeroVironment Acquires Empirical Systems Aerospace in $200 Mln Deal-March 2024-www.financetom.com

BRIEF-AeroVironment Acquires Empirical Systems Aerospace in $200 Mln Deal

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BRIEF-AeroVironment Acquires Empirical Systems Aerospace in $200 Mln Deal

Mar 16, 2026 2:54 PM

March 17 (Reuters) - AeroVironment Inc ( AVAV ):

* AEROVIRONMENT ( AVAV ): ESAERO WILL OPERATE AS SUBSIDIARY OF CO,

REPORTING INTO PRECISION STRIKE & DEFENSE SYSTEMS GROUP

* AEROVIRONMENT ( AVAV ): DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED

EBITDA IN FIRST YEAR AFTER DEAL CLOSING

* AEROVIRONMENT ( AVAV ): ACQUIRES EMPIRICAL SYSTEMS AEROSPACE

* AEROVIRONMENT ( AVAV ): DEAL VALUED AT ABOUT $200 MILLION, WITH

ABOUT $160 MILLION IN STOCK & REMAINDER IN CASH

Further company coverage:

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