AeroVironment

AeroVironment has entered into a definitive agreement to acquire Arcturus UAV for $405 million in cash and stock. Arcturus UAV designs and manufactures Group 2 and 3 unmanned aircraft systems and has approximately 270 employees.

AeroVironment announced on December 9, 2020, the acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH, a German developer of unmanned ground robotic solutions based near Stuttgart.

The U.S. Air Force has awarded a $400,000,000 shared ceiling, indefinite-delivery/indefinite-quantity contract to AeroVironment, BAE Systems Controls, Blue Force Technologies, Fregata Systems, Lockheed Martin, Wichita State University, Autonodyne, NextGen Aeronautic, and Sierra Technical Services for the Skyborg Vanguard Program. Work is expected to be complete by July 2026.

AeroVironment received two firm-fixed-price orders totaling $9,804,448 from the NATO Support and Procurement Agency for Raven and Puma 3 AE tactical UAS and spares. The orders were received on March 5, 2020 and April 16, 2020, with delivery by August and October 2020 respectively.

AeroVironment received a $10.7 million firm-fixed-price contract from the U.S. Navy and Marine Corps for Puma 3 AE small unmanned aircraft systems and spares. The contract was awarded on February 18, 2020, with delivery anticipated by April 2020.

AeroVironment has been chosen by BMW Group as an official North American provider for its TurboCord electric vehicle charging system.