AEVEX (AVEX)
Provides unmanned systems and mission solutions for U.S. and allied forces.
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Provides advanced autonomy, unmanned systems, and mission solutions for U.S. and allied forces. Its 2026 NYSE listing followed an acquisition-led expansion from airborne intelligence roots.
Builds advanced autonomy and unmanned systems for U.S. and allied forces, alongside adaptable mission solutions. Its roots are in airborne intelligence, surveillance, and reconnaissance for U.S. Department of Defense, Special Operations, and Intelligence Community customers. These activities support defense and intelligence missions.
Acquisitions added classified-intelligence processing, lower-cost UAS products, and autonomous technologies for aircraft operating in GPS-contested environments. Founder Brian Raduenz remains Executive Chairman, while Roger Wells is CEO. The public company carries the operating business of Athena Technology Solutions Holdings and remains controlled by Madison Dearborn Partners after its 2026 NYSE listing.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 2, 2026 | Piper Sandler | Initiate | Rating: —Target: — | Target: $20 |
| May 25, 2026 | Jefferies | Target | Target: $32 | Target: $33 |
| May 12, 2026 | Needham | Target | Target: — | Target: $45 |
| May 12, 2026 | Raymond James | Target | Target: — | Target: $35 |
| May 12, 2026 | Jefferies | Target | Target: — | Target: $32 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $215.2M · Total debt $108.1M · Total assets $948.1M · Shareholders' equity −$533.7M
- Revenue
- $201.8M
- Operating income
- $15.4M
- Net income
- $2.3M
No dividends on record.
| Institutions | 27.55% | 31.41M shares | |
|---|---|---|---|
| 153 holders · as of Jun 30, 2026 | |||
| Insiders | 1.20% | 1.37M shares | |
| 11 holders · as of Jun 8, 2026 | |||
| Strategic holders | 70.52% | 80.42M shares | |
| 1 holder · as of Jun 8, 2026 | |||
| Other | 0.73% | 833.5K shares | |
| remainder | |||
114.04M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (114.04M in the company's Sep 22, 2026 report, 56.47M elsewhere); stakes use the report.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Madison Dearborn Partners LLCStrategic10 percent owner | 70.52% | 57.56M B · 22.86M A | filed Jun 8, 2026 |
Razor's Edge Fund III, LPInstitution | 11.16% | 12.73M | filed Sep 15, 2026 |
Fidelity National Financial, Inc.Institution | 5.21% | 5.94M A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 3.02% | 3.45M A | as of Jun 30, 2026 |
AllianceBernstein L.P.Institution | 1.90% | 2.17M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 5, 2026 | Madison Dearborn Partners LLC | 10 percent owner | −2,273,843 | $25.99 |
| Apr 16, 2026 | Brett P. Hush | officer: See Remarks | +10,000 | $20.00 |
| Apr 16, 2026 | Brian Raduenz | director | +50,000 | $20.00 |
| Apr 16, 2026 | Charles Roger IV Wells | director, officer: Chief Executive Officer | +500 | $20.00 |
| Apr 16, 2026 | Michael Andrew Jackson | officer: See Remarks | +650 | $20.00 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AEVEX | $15.76 | −4.54% | $932.3M | 38.3 | 34.7 | 1.3 | — |
| AeroVironment | $158.59 | −1.44% | $8.14B | — | 46.8 | 4.1 | +5.7% |
| RTX | $190.79 | −1.83% | $261.92B | 34.2 | 25.9 | 2.8 | +14.5% |
| Elbit Systems | $742.39 | −1.11% | $35.17B | 56.1 | — | 4.1 | +15.9% |
| Lockheed Martin | $521.75 | −2.55% | $123.57B | 19.7 | 16.6 | 1.6 | +10.5% |
| Kratos Defense & Security Solutions | $46.75 | −3.79% | $9.11B | 285.2 | 49.8 | 6.0 | +30.5% |
| Median | 45.2 | 36.3 | 4.1 | +14.5% |







