AeroVironment, Inc. Stock News

AeroVironment, Inc.'s $1 billion U.S. Army contract significantly boosts its growth outlook and EBITDA margins, positioning it for sustained revenue visibility this decade. The contract win underscores AeroVironment's ability to secure large deals, enhancing its backlog and operational efficiency, especially for its Switchblade drone. With projected 17% top-line growth and 20% EBITDA growth, Ae...

The U.S. Army will pay AeroVironment $990 million over five years for tank-killing drones. The new contract is worth more than all of AeroVironment's revenues over the past year.

ARLINGTON, Va.--(BUSINESS WIRE)---- $AVAV #AV--AV Secures $990M Contract to Supply U.S. Army with Switchblade Loitering Munitions.

AeroVironment jumped early Wednesday after the drone maker won a $990 million U.S. Army contract, leading to several analyst upgrades.

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (NASDAQ: AVAV) will be participating in the upcoming Jefferies Industrials Conference in New York City, September 5. AeroVironment's chairman, president and chief executive officer, Wahid Nawabi and senior vice president and chief financial officer, Kevin McDonnell will present at the event on September 5 at 9:15 a.m. ET | 8:15 a.m. CT | 6:15...

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the first quarter of fiscal year 2025, which ended July 27, 2024, after the market closes on Wednesday, September 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, Aero...

Big tech stocks cooled off in July, while smaller growth companies rallied. An anticipated rate cut could amplify this trend reversal in August and beyond.

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