AEVEX Corp. (NYSE: AVEX) announced plans to expand its manufacturing and operational footprint in Florida and Virginia, aiming to more than double production capacity over the next year while enhancing collaboration with government clients.
The Tampa, Florida facility will undergo expansion to include high-volume production lines, additive manufacturing capabilities, and increased capacity for Unmanned Surface Vehicle (USV) operations. The site will also accommodate larger engineering, program management, and manufacturing teams. AEVEX’s Arlington, Virginia office will serve as a dedicated collaboration hub for U.S. government clients and defense partners, supporting teams focused on unmanned systems programs, autonomy integration, engineering, and customer relations.
The expansion aligns with AEVEX’s core business, which provides unmanned autonomous systems, AI-enabled mission software, and intelligence, surveillance, and reconnaissance (ISR) solutions for national security clients. The company operates manufacturing facilities across multiple U.S. locations, including its headquarters in Solana Beach, California.
Roger Wells, CEO of AEVEX, stated that clients increasingly demand autonomous systems that can be delivered at scale and within operational timelines. 'We are investing to anticipate this demand by expanding production capacity, bringing our teams closer to customers, and building the infrastructure needed to execute as the market continues to grow,' he said.
Murali Krishnan, Chief Growth Officer, emphasized the strategic value of the Tampa expansion in enabling higher production volumes and faster delivery cycles. The Virginia office, he added, will facilitate closer collaboration with government clients to address evolving operational requirements.
AEVEX’s stock closed at $16.29 on September 1, 2026, reflecting a decline of 3.58% for the session. The company’s expansion follows recent market gains reported by peers such as Super Micro Computer (+185%) and AppLovin (+157%), though AVEX’s performance remains distinct from these technology-driven equities.
