AeroVironment Acquires Planck Aerosystems

Applied Systems Acquires Planck

July 23, 2024

AI & Machine Learning

Applied Systems has acquired Planck, an AI-based data platform for commercial insurance, to accelerate and expand AI capabilities across Applied's global insurance software portfolio. The acquisition aims to integrate Planck's real-time data and AI-driven underwriting insights into Applied's products to improve underwriting, renewals, servicing and advisory workflows for carriers and agencies.

AeroVironment Acquires Arcturus UAV for $405M

January 13, 2021

Aerospace & Defense

AeroVironment, Inc. (NASDAQ: AVAV) will acquire Arcturus UAV, Inc., a Petaluma, California–based developer and manufacturer of Group 2 and 3 unmanned aircraft systems, for a total purchase price of $405 million (approximately $355 million cash and $50 million in AeroVironment stock). The acquisition expands AeroVironment's product portfolio into higher-value Group 2 and 3 UAS segments, adds Arcturus’s ~270 employees and COCO services capability, and is expected to be accretive to adjusted EBITDA and GAAP EPS in fiscal 2022.

Endor Labs Acquires Autonomous Plane

February 13, 2026

Cybersecurity

Endor Labs, the AI-native application security platform, has acquired Autonomous Plane, a cloud-native application security startup founded by Kyle Quest, to add full‑stack reachability from source code through container images. The deal expands Endor Labs' platform capabilities for container reachability analysis, improving vulnerability prioritization and reducing false positives for enterprise and regulated customers.

AeroVironment Acquires Tomahawk Robotics

August 22, 2023

Aerospace & Defense

AeroVironment, Inc. has agreed to acquire 100% of Tomahawk Robotics for $120 million in a mix of cash and stock. The acquisition brings Tomahawk's AI-enabled Kinesis common control system into AeroVironment's small UAS business unit to deepen interoperability, accelerate AI/autonomy adoption, and expand the combined offering to military and allied customers while retaining Tomahawk's Florida workforce and facilities.

Aero Precision Acquires Kellstrom Defense

March 2, 2020

Aerospace & Defense

Aero Precision, a PE-backed aerospace distribution and services platform, has acquired Kellstrom Defense, a provider of defense aircraft aftermarket sustainment solutions. The deal combines distribution, repair & overhaul, engineering and logistics capabilities to create a larger privately owned military aftermarket distributor and expand Aero Precision's global defense aviation support footprint.

AAR CORP. Acquires Aerostrat

August 12, 2025

Aerospace & Defense

AAR CORP. has acquired Seattle-based Aerostrat, a long-range aviation maintenance planning software provider, for $15 million plus contingent consideration of up to $5 million. The deal brings Aerostrat's Aerros product into AAR's Trax suite to expand Trax's ERP and long-range planning capabilities and continue to offer Aerros as a standalone solution to airlines, MROs, and cargo operators.