Brind.
  1. BlueHalo acquisition positions AeroVironment as a next-generation defense prime, leveraging its Arlington headquarters and responding to shifts in Pentagon procurement policy and market advice.

Citizens Bank initiated coverage with an 'Outperform' rating on AeroVironment following the BlueHalo acquisition.

1 report, 1 independent Updated Aug 9
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What happened

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Citizens Bank initiated coverage with an 'Outperform' rating on AeroVironment following the BlueHalo acquisition.

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The entities involved

  • BlueHalo

    American defense contractor

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  • Citizens Financial Group

    American bank headquartered in Providence, Rhode Island

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  • AeroVironment

    Company that designs and manufactures UAVs for U.S. Department of Defense and allied military services

    Nothing else this week.

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Coverage

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