AcquisitionsAug 12, 2026, 04:25 PM

AEVEX to Acquire BlackSea Technologies for up to $650M

AI Summary

AEVEX Corp. announced a definitive agreement to acquire BlackSea Technologies for up to $650 million. The transaction includes approximately $250 million in cash, $350 million in AEVEX Class A common stock, and a potential $50 million earnout. This acquisition is expected to significantly expand AEVEX's capabilities in multi-domain autonomous systems, particularly in the maritime sector, and is projected to close in September 2026.

Key Highlights

AEVEX Corp. to acquire BlackSea Technologies for up to $650 million.
Consideration includes approximately $250 million in cash.
Approximately $350 million in AEVEX Class A common stock (12.7M shares at $27.50/share).
An additional $50 million in performance-based earnout consideration is possible.
BlackSea Technologies is expected to generate $150 million in FY 2026 revenue.
Acquisition expands AEVEX's leadership in multi-domain autonomous systems.
Expected to close in September 2026, subject to regulatory approvals.

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