AEVEX Corp. operates as a defense technology prime contractor, focusing on unmanned aerial systems (UAS), unmanned surface vehicles (USVs), and advanced intelligence, surveillance, and reconnaissance (ISR) solutions. The company's business model is heavily oriented toward government contracts, with the U.S. government accounting for approximately 78% of its total revenue. AEVEX operates through two primary business segments: Tactical Systems and Global Solutions. The Tactical Systems segment, which generates roughly 75% of total revenue, designs and manufactures autonomous and attritable unmanned systems, including loitering munitions and precision strike platforms. The Global Solutions segment, accounting for the remaining 25% of revenue, provides specialized mission support, including AI-enabled airborne ISR, counter-UAS services, additive manufacturing, and aircraft engineering and modification.
Headquartered in Solana Beach, California, AEVEX maintains additional production and engineering facilities across the United States, including in Florida, Ohio, Virginia, and Alabama. The company's product portfolio includes platforms such as the Atlas loitering munition and the Mako Lite USV, which are designed for deployment in contested and GPS-denied environments. AEVEX's competitive position is supported by its proprietary CompassX sensor-fusion engine, which enables autonomous operations without reliance on traditional navigation systems. The company has an established track record of delivering thousands of systems to the U.S. military and allied forces, with a notable portion of recent demand driven by international conflicts and the U.S. Department of Defense's strategic focus on unmanned autonomous systems.
