Headquartered in Solana Beach, CA Fiscal year ends December NYSE: AVEX aevex.com
AEVEX Corp. (NYSE: AVEX) is a U.S. defense technology company. It develops and produces autonomous unmanned systems, AI-enabled mission software, and ISR and electronic warfare solutions for national security customers, designed for contested and GPS-denied environments. It operates three reportable segments:
- **Airborne Systems** (formerly Tactical Systems): UAS products and support services, including long-range precision strike, one-way attack and launched-effects platforms such as the jet-powered Specter, developed with Divergent.
- **Maritime Systems**: formed through the September 2026 acquisition of BlackSea Technologies. It includes the GARC/Lynx small unmanned surface vessel fleet deployed with the U.S. Navy, the Chaser and Comet USVs, the Mako family, and contested logistics vessels such as NightTrain, Revenge and SPDS.
- **Global Solutions**: aircraft modification, testing and related services.
AEVEX's CompassX autonomy and technology stack is being extended across its air, surface and subsea platforms. The company also uses a hybrid model in which it deploys operators alongside military customers under government-owned or contractor-owned, contractor-operated contracts.
Customers include SOCOM, the U.S. Army, Air Force and Navy, combatant commands such as CENTCOM, the intelligence community, and international buyers through FMS and direct commercial sales. Revenue tied to the EUCOM Deep Strike program for Ukraine is winding down.
The company manufactures at multiple U.S. sites, including Tampa additive manufacturing lines and Baltimore deepwater maritime facilities. Updated
The loss is an accounting artifact: a $37.9 million one-time deferred tax charge from the BlackSea deal flipped what management says would have been $21.1 million of net income. The real signal is guidance, lifted to $820 million to $840 million in 2026 revenue from $700 million to $720 million, with funded backlog already covering about 96% of the midpoint.
AEVEX Corp. (NYSE: AVEX) is a U.S. defense technology company. It develops and produces autonomous unmanned systems, AI-enabled mission software, and ISR and electronic warfare solutions for national security customers, designed for contested and GPS-denied environments.
The Wall Street consensus 12-month price target for AVEX is $25.80.