AeroVironment Acquires ESAero to Expand Defense Manufacturing and Electric Aviation Capabilities
March 20, 2026
AeroVironment announced it has acquired Empirical Systems Aerospace (ESAero) in a transaction valued at approximately $200 million. The deal includes about $160 million in stock and $40 million in cash and is expected to be accretive to adjusted EBITDA within the first year after closing.
- Buyers
- AeroVironment
- Targets
- Empirical Systems Aerospace, Inc. (ESAero)
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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