Arlington Capital Partners has agreed to sell BlueHalo to AeroVironment in an all-stock transaction valued at $4.1 billion.
BlueHalo, established by Arlington Capital, specializes in space-qualified hardware, directed energy systems, missile defense, cyber and intelligence tools, and C4ISR systems.
BlueHalo has expanded through 18 additional acquisitions during Arlington's ownership, offering products such as laser weapon systems, autonomous aerial systems, and cyber operations tools.
The acquisition is expected to close in the first half of 2025.