AeroVironment CEO discusses BlueHalo merger, innovation with 18-month cycles, and $764 million backlog growth

In a podcast interview, AeroVironment CEO Wahid Nawabi discusses the BlueHalo merger, highlighting expanded capabilities, fast innovation with 18-month product cycles, record growth with a $764 million backlog, and vertical integration for optimized performance at lower costs. The acquisition positions the company well for future growth opportunities.

AeroVironment’s Chief Investment Officer Andy Cross delves into the company’s growth potential, emphasizing the 10-year industry standard vs. AeroVironment’s 18-month product cycles. The company boasts a $764 million backlog across 55 international customers, indicating strong growth prospects. The BlueHalo merger is set to enhance capabilities and drive the company’s success in various sectors.

Wahid Nawabi, CEO of AeroVironment, discusses the company’s strategic focus on AI-driven product suites and the game-changing BlueHalo acquisition. With a record backlog of $764 million, the company is poised for significant growth opportunities. The merger with BlueHalo complements AeroVironment’s offerings, positioning them as a leader in the defense tech industry.

AeroVironment’s acquisition of BlueHalo is a game-changer, expanding capabilities across air, ground, space, and cyber sectors. The merger enhances innovation with 18-month product cycles, a departure from the industry’s 10-year standard. Record growth is evident with a $764 million backlog from 55 international customers, showcasing the company’s strong position for future success.

Read more at Nasdaq, Inc.: Talking Next-Gen Defense With AeroVironment’s CEO