AeroVironment, Inc. Stock News

ARLINGTON, Va.--(BUSINESS WIRE)---- $avav #AV--AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System.

Positive tariff news and some industry-specific speculation concerning future business helped light a rocket under defense stocks, sending the entire sector up.

The White House is signaling a big boost in defense spending as part of the fiscal 2026 federal budget, and investors are sending defense stocks soaring higher as a result.

AeroVironment's (AVAV 4.11%) latest news item fueled something of a rally in the stock on Wednesday. The drone manufacturer essentially got the shareholder green light to proceed with an acquisition, and the market greeted this by pushing the stock more than 4% higher on the day.

ARLINGTON, Va.--(BUSINESS WIRE)---- $avav #UAV--AeroVironment Stockholders Approve Acquisition of BlueHalo.

AeroVironment's Telerob has won a contract for 41 advanced uncrewed ground vehicles for the German Federal Armed Forces, with deliveries starting this summer.

AeroVironment is well-positioned to benefit from advancements in agentic AI, enhancing the autonomy and effectiveness of its UAVs and loitering munitions. Geopolitical instability and rising defense budgets are driving demand for AeroVironment's drones, with significant orders from the U.S. and allies like Taiwan. Despite short-term revenue declines, AeroVironment boasts a record backlog of $2....

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions.