AEVEX revenue nearly doubles, plans $650M acquisition

AEVEX Corp. reported second quarter 2026 revenue of $201.8 million, nearly doubling the $101.1 million from the previous year. The Solana Beach defense technology company shifted to a net profit of $6.7 million, overcoming a prior $11.8 million loss. Additionally, AEVEX entered a definitive agreement to acquire BlackSea Technologies for up to $650 million. Expected to close in September, this strategic acquisition aims to expand AEVEX customer access to military users across various sectors.