Key Takeaways AeroVironment signed an MOU with NIOA to explore local production of one-way attack systems.The partnership could enable local manufacturing, maintenance, distribution and Australian variants.The companies may establish an Australian center of excellence, subject to approvals and final agreements.
AeroVironment (AVAV - Free Report) signed a memorandum of understanding (MOU) with NIOA Australia on Oct. 13, 2026, to explore opportunities for increased Australian industry participation in the production and support of its one-way attack systems. Announced during LAND FORCES 2026, the agreement establishes a framework for potential localization, co-production and sustainment of these systems in Australia.
The partnership brings together AeroVironment’s expertise in autonomous systems and NIOA’s experience in weapons and munitions. Potential areas of cooperation include local manufacturing and integration, in-country maintenance and support, and the development of Australian variants featuring NIOA-developed payloads and warheads where technically, commercially and legally feasible. These efforts could help AeroVironment better align its offerings with local defense requirements while enhancing support capabilities for Australian and allied customers.
How AeroVironment Could Benefit From the NIOA PartnershipThe agreement also provides for NIOA to serve as an Australian distributor and authorized support partner for AeroVironment’s one-way attack systems, subject to final agreements and required approvals. Potential responsibilities include customer engagement, training, logistics, inventory management and maintenance coordination. Establishing local support capabilities could improve customer access and sustainment while creating a foundation for future regional business.
The companies also intend to explore opportunities to establish Australia as a regional center of excellence for advanced launched effects and loitering munitions. Such a development could provide a platform for future manufacturing, integration and capability development for Australian and allied customers. However, the MOU is non-binding, and any technology transfer, manufacturing or distribution arrangements remain subject to applicable U.S. and Australian laws, government approvals and definitive agreements.
AeroVironment’s agreement with NIOA marks a potential step toward broadening its manufacturing and support presence in Australia. Local production and sustainment could strengthen relationships with allied defense customers, improve regional support capabilities and create additional commercial opportunities if the proposed arrangements advance.
Defense Drone Makers Expand Autonomous Warfare CapabilitiesAeroVironment develops unmanned aircraft systems, loitering munitions and precision-strike technologies for defense customers. Its agreement with NIOA Australia explores opportunities to localize production, co-produce one-way attack systems and establish local sustainment capabilities. Other tickers benefiting from the same trend are discussed below:
Kratos Defense & Security Solutions (KTOS - Free Report) : Kratos develops unmanned aerial systems and tactical drone platforms, including affordable systems designed for military applications. Its focus on scalable unmanned technologies aligns with the broader defense trend toward expanding autonomous capabilities and fielding cost-effective aerial systems.
As governments seek to strengthen drone production capacity and operational readiness, Kratos could benefit from increased demand for unmanned platforms. Its manufacturing capabilities and defense relationships provide exposure to this trend, although its products differ from AVAV’s one-way attack systems and any growth depends on contract awards and execution.
Elbit Systems (ESLT - Free Report) : Elbit Systems develops unmanned aircraft, autonomous technologies and loitering munitions, including its SkyStriker system. Its portfolio positions the company well as defense forces increasingly integrate unmanned strike capabilities into their operations.
Elbit’s international defense partnerships and loitering-munition offerings align with the broader trend toward strengthening local defense capabilities and expanding access to autonomous weapons.
Red Cat Holdings (RCAT - Free Report) : Red Cat develops unmanned aerial systems for military and government applications, with a focus on tactical drones and reconnaissance capabilities. While RCAT’s portfolio is not a direct substitute for AVAV’s one-way attack drones, both companies operate within the growing military unmanned-systems market.
Rising defense interest in deployable drone fleets and reliable supply chains could create opportunities for Red Cat as governments expand their unmanned capabilities. The company stands to benefit from the broader adoption of military drones.
AeroVironment a NIOA podepsaly nezávazné memorandum s cílem prozkoumat možnosti lokalizace, společné výroby, podpory a udržování jednocestných útočných systémů AV v Austrálii.
Companies to explore Australian production, integration, sustainment and support for AV’s one-way attack systems.
PERTH, Australia--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) and NIOA Australia have signed a memorandum of understanding (MOU) to explore opportunities to expand Australian industry participation supporting AV’s one-way attack systems.
Signed during LAND FORCES 2026, the agreement establishes a framework for AV and NIOA to identify and facilitate a path forward for the localization, co-production and sustainment of AV’s one-way attack systems in Australia.
Under the MOU, the companies will explore opportunities to combine AV’s autonomous systems with NIOA’s sovereign weapons and munitions expertise. Potential areas of cooperation include local manufacturing and integration, in-country support and sustainment, and the development of Australian variants incorporating NIOA-developed payloads, warheads and mission effects where technically, commercially and legally feasible.
“AV’s one-way attack systems are proven capabilities with growing demand from U.S. allies and partners around the world,” said Wahid Nawabi, chairman, president and chief executive officer of AeroVironment. “Our collaboration with NIOA creates a pathway to expand that capability in Australia and explore how Australian industry can contribute to the manufacture, integration, support and sustainment of AV’s one-way attack systems.”
The MOU also contemplates NIOA serving, subject to final agreements and required approvals, as an Australian distributor and authorized support partner for AV's one-way attack systems. The companies plan to evaluate opportunities for NIOA to support Australian customer engagement, training, logistics, maintenance coordination, inventory management and other in-country sustainment activities.
The parties also share a non-binding ambition to explore the establishment of Australia as a regional center of excellence for advanced launched effects and loitering munitions, combining AV’s autonomous systems with NIOA’s sovereign weapons and munitions expertise. The MOU contemplates potential local manufacture, integration, sustainment and future capability development for Australian and allied customers, subject to applicable laws, approvals and subsequent agreements.
The MOU is non-binding, and any future technology transfer, manufacturing, distribution or other commercial activities will be subject to applicable U.S. and Australian laws and regulations, required government approvals and separate definitive agreements between AV and NIOA.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
About NIOA
NIOA is a privately-owned global munitions company established in Queensland, Australia, in 1973. Its operations include NIOA Australia, NIOA New Zealand, the Australian Missile Corporation, Barrett Firearms in the United States, NIOA United Kingdom and joint venture Rheinmetall NIOA Munitions. NIOA is a major tenant at the Australian Government-owned munitions facility at Benalla, Victoria, and a joint venture partner in the Rheinmetall NIOA Munitions artillery shell forging plant at Maryborough, Queensland.
Safe Harbor Statement
Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
Dceřiná společnost VideoRay firmy AeroVironment podpoří tým AEVEX, který byl vybrán pro prototyp modernizace námořních odminovacích schopností amerického námořnictva.
Key Takeaways AeroVironment's VideoRay joins an AEVEX-led team selected for a Navy mine-countermeasure prototype.VideoRay demonstrated autonomous underwater operations launched from an uncrewed surface vessel.VideoRay builds on a $92.6 million Navy contract awarded in 2024 for production and development.
AeroVironment (AVAV - Free Report) is expanding its presence in naval defense applications, with its wholly owned subsidiary VideoRay selected to support a team participating in a U.S. Navy mine-countermeasure modernization effort.
On Oct. 8, 2026, AeroVironment announced that VideoRay was supporting an AEVEX-led team selected for a prototype Other Transaction Agreement following the U.S. Navy and Department of War Innovation Unit’s Mine Countermeasure Modernization Prize Challenge. BlackSea Technologies, now part of AEVEX Maritime Systems, was one of three companies to receive challenge prizes after successfully completing demonstrations.
During competitive in-water testing, VideoRay demonstrated an autonomous mine-countermeasure remotely operated vehicle launched from an AEVEX uncrewed surface vessel. The integrated system used autonomous launch-and-recovery capabilities, allowing operators to conduct missions beyond the horizon from a remote ground control station. The demonstration included vessel transit, station keeping, underwater target investigation, simulated mine neutralization and post-engagement assessment.
VideoRay’s Mission Specialist Defender is a modular underwater robotic platform designed to accommodate different sensors, manipulators and specialized payloads. Its open architecture allows the system to integrate with different surface vessels and mission equipment, potentially supporting a range of underwater intervention and mine-countermeasure requirements.
The development also builds on VideoRay’s existing relationship with the U.S. Navy. In 2024, the company received a five-year contract valued at $92.6 million for continued production, sustainment and development of the Defender platform. The Navy had previously selected the system as the base platform for its MK20 Defender remotely operated vehicle supporting the Maritime Expeditionary Standoff Response program.
Further adoption of these technologies could support demand for underwater robotic platforms, integration services and long-term sustainment.
Defense Companies Gain From Autonomous Maritime ModernizationNaval forces are increasingly exploring uncrewed systems to further improve operational flexibility, reduce personnel exposure and strengthen capabilities in complex maritime environments. Other companies with exposure to the broader defense modernization market include:
Huntington Ingalls Industries (HII - Free Report) is a major U.S. military shipbuilder that provides naval platforms and related services. Its position in the naval defense sector makes it relevant to broader investment in maritime capabilities.
Northrop Grumman (NOC - Free Report) develops advanced defense technologies, including autonomous systems, sensors and mission solutions. Its portfolio reflects the wider industry focus on integrating advanced technologies into military operations.
AVAV Stock’s Earnings EstimatesThe Zacks Consensus Estimate for fiscal 2027 earnings per share implies a decrease of 1.81% year over year.
Image Source: Zacks Investment Research
AVAV Stock Trades at a DiscountIn terms of valuation, AVAV’s forward 12-month price-to-sales (P/S) is 2.96X, a discount to the industry’s average of 6.92X.
Image Source: Zacks Investment Research
AVAV Stock’s Price PerformanceIn the past three months, the company’s shares have lost 3.3% compared with the industry’s 14.6% decline.
Image Source: Zacks Investment Research
AVAV’s Zacks RankThe company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Společnost AeroVironment v 1. fiskálním čtvrtletí zvýšila tržby o 6 % na 480,5 milionu USD; tržby segmentu autonomních systémů vzrostly o 21 % na 346 milionů USD.
Key Takeaways AVAV delivered $480.5 million in revenues, while Autonomous Systems revenues jumped 21% to $346 million.Record funded backlog of $1.5 billion and $683 million in bookings provide stronger future revenue visibility.New contracts for P550 and Switchblade 600 highlight continued demand for autonomous defense technologies. AeroVironment’s (AVAV - Free Report) fiscal 2027 is off to a strong start, supported by record first-quarter revenues and a funded backlog. The company is seeing particularly strong momentum in its Autonomous Systems (AxS) segment, highlighting the growing importance of unmanned and autonomous capabilities in modern defense operations. AeroVironment generated $480.5 million in first-quarter revenues, up 6% year over year, while AxS revenues increased 21% to $346 million.
The company recorded $683 million in bookings, resulting in a 1.4 book-to-bill ratio. Funded backlog reached a record $1.5 billion, up 37% year over year, providing greater visibility into future revenues.
A key advantage for AeroVironment is its expanding portfolio of autonomous and unmanned defense technologies. The company develops systems spanning autonomous aircraft, precision strike, counter-UAS and directed-energy capabilities, allowing it to address multiple requirements across the modern battlefield. During the fiscal first quarter, the U.S. Army awarded AeroVironment a $117 million contract for its P550 system under the Long-Range Reconnaissance program. The company also received a $51 million Switchblade 600 order supporting the Army’s Lethal Unmanned Systems IDIQ. These awards demonstrate continued demand for AVAV’s autonomous and precision-strike technologies.
The company is also broadening its position across defense technology. Beyond autonomous systems, AeroVironment develops precision-strike, counter-UAS, space, directed-energy and cyber capabilities. This diversified portfolio could help AVAV capture a wider range of defense modernization opportunities as governments prioritize technologies designed for increasingly autonomous and contested battlefields.
Other Defense Stocks Benefiting From Autonomous SystemsAlong with AeroVironment, other companies are also positioned to benefit from growing defense demand for autonomous and unmanned systems, as discussed below:
Red Cat Holdings (RCAT - Free Report) is gaining exposure to the autonomous-drone trend through its defense and national-security drone portfolio. Its acquisition of Apium Swarm Robotics has expanded its capabilities in autonomous swarming technology.
Kratos Defense & Security Solutions (KTOS - Free Report) also offers exposure through its unmanned-systems business, alongside broader defense technologies spanning space, electronics and other mission-critical applications.
AVAV Stock’s Earnings EstimatesThe Zacks Consensus Estimate for fiscal 2027 earnings per share implies a decrease of 1.8% year over year.
Image Source: Zacks Investment Research
AVAV Stock Trades at a DiscountIn terms of valuation, AVAV’s forward 12-month price-to-sales (P/S) is 3X, a discount to the industry’s average of 7.1X.
Image Source: Zacks Investment Research
AVAV Stock’s Price PerformanceIn the past three months, the company’s shares have lost 6.4% compared with the industry’s 16.2% decline.
AeroVironment prostřednictvím Blue Halo získal zakázku za 99,8 mil. USD na systémy pro vesmír, největší samostatný úspěch divize SCDE. Kontrakt poběží do konce roku 2031.
Established in 1971, AeroVironment (AVAV -2.10%) has evolved over the past six decades, first from a maker of experimental solar-powered aircraft, then to a specialist in small, innovative surveillance drones, and then to a major source of weaponized drones -- specifically, Switchblade loitering munitions -- for the military. And the bigger AeroVironment gets, the more new areas of the aerospace industry it's affecting.
Case in point: In May 2025, AeroVironment announced it had closed its purchase of defense company Blue Halo for $4.1 billion. For AeroVironment -- a stock worth less than $7.5 billion today -- this was a transformative deal, turning the company from a drone specialist into a self-described "global defense technology leader with integrated capabilities across air, land, sea, space, and cyber."
Image source: Getty Images.
Blue Halo makes green for AeroVironment You can see the effect of this acquisition right on the company's income statement, where AeroVironment's revenues leapt from $820 million in the year before buying Blue Halo to $2 billion in the year after. Probably $619 million of the improvement can be traced directly to Blue Halo, now part of the company's "Space, Cyber, and Directed Energy" (SCDE) division.
Not all the news was good. Profitable in 2025, AV began losing money soon after. It was unprofitable in every quarter of 2026, and in the first quarter of 2027 as well -- with SCDE in particular described as unprofitable. Analysts are hopeful, however, that things will work out well for AV. Forecasts compiled by S&P Global Market Intelligence show AV turning GAAP-profitable by the end of this year, with $0.45 per share in earnings -- then tripling that profit in 2028, doubling it in 2029, and nearly doubling it again by 2031.
If these forecasts prove accurate, AeroVironment stock, which trades at infinity-times-earnings today, could be valued as cheaply as 25x its estimated earnings in 2031.
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Blue Halo glows brightly How much of this improvement will come from Blue Halo, specifically? That remains to be seen -- just as we wait to see how quickly Blue Halo's $4.1 billion purchase price will pay AeroVironment back in the form of new revenue.
Searching through the Defense Department archives, it appears that Blue Halo has only ever been awarded four Pentagon contracts -- most of them quite small:
$10.6 million awarded in June 2021 for training services on the Stinger surface-to-air missile. $20 million in February 2026 for "next-generation models ... data integration and databasing and artificial intelligence and machine learning." Part of a $97 million January 2025 award "for the processing, behavior characterization, and performance prediction of advanced aerospace materials," divided among Blue Halo and three other companies and organizations. And most recently, $99.8 million awarded on Sept. 11, 2026, for "research and development to advance scientific knowledge and state-of-the-art technology supporting space systems." The most recent space contract jumps out as by far the largest award granted exclusively to Blue Halo, the first big win for the SCDE division since it became part of AeroVironment, and proof positive that AeroVironment is evolving into a space stock -- generating revenue in this new growth market. At just under $100 million, this space contract alone represents nearly as much as SCDE collected in revenue in the first fiscal quarter of 2027 ($134.5 million).
The upshot for investors Still, AeroVironment investors shouldn't get too excited here. According to the Pentagon announcement, the $99.8 million space systems award isn't due for completion until late 2031 -- implying the revenue from this contract will be spread over five years. That means the award will really only increase annual revenue by about $20 million.
When you further consider that SCDE's revenue isn't currently profitable for AV (SCDE's adjusted EBITDA losses were $9 million in Q1), my hunch is it's going to be a long time before this $4.1 billion acquisition even begins to pay for itself.
Pentagon v testech Gauntlet II vybral deset finalistů, ale Teal Drones z Red Cat ani Ascent Aerosystems z Ondas se mezi pět nejlepších neprosadily. Akcie RCAT dopoledne klesly o 3,10 % a ONDS o 1,26 %.
The Pentagon’s Gauntlet II results are posted, and the scoreboard belongs almost entirely to private companies.
RCAT stock is moving lower. See the real-time price action here. Ten finalists were picked across two mission areas after August testing at Fort Carson, Colorado, where drones flew find-fix-finish missions at 15-kilometer stand-off ranges and inside confined spaces, some of it repeated at night and against counter-drone systems.
Perennial Autonomy topped the Deep Strike competition with 80.1 points, ahead of Hyperscale at 70.9, Neros at 69.8, Skycutter at 66.6 and Swarm Defense Technologies at 66.0.
Neros won the Close Quarters Battle with 88.1, followed by ORQA US, XTEND Reality, Vector and ModalAI. Order quantities stay blank until contract award, and the program warns awards are not guaranteed.
None of the ten leaders trade publicly, but traders can use read-throughs instead of pure plays.
Read Next
The Losers are the Tradable NamesTeal Drones Inc., the subsidiary of Red Cat Holdings, Inc. (NASDAQ:RCAT), competed in Close Quarters Battle and did not place in the top five.
Ascent Aerosystems Inc., owned by Ondas Holdings Inc. (NASDAQ:ONDS), missed in Deep Strike. Both companies remain eligible for future Gauntlets, per the program’s regulations.
Red Cat shares changed hands at $6.88, down 3.10% Friday morning and 24.4% since Aug. 25, just before Gauntlet II testing wrapped. The stock sits 63.4% below its 52-week high, with a market value of $1.05 billion.
Ondas traded at $7.30, off 1.26% on the day and 11.4% over the same stretch, valuing the company at $4.16 billion.
Red Cat’s Gauntlet I record was already thin: the company was absent from the top 11 that collected delivery orders. Ondas’ Ascent Aerosystems placed 10th in that round with 1,600 units ordered, of which 800 have been accepted.
Where the Upside HidesComponent suppliers offer the cleanest exposure to winners nobody can buy. Unusual Machines, Inc. (AMEX:UMAC) makes drone parts and counts Donald Trump Jr. as an advisor.
The Trump administration has held talks about funding both Unusual Machines and Sequoia Capital-backed Neros, with proposals involving a mix of debt and equity that could hand the government ownership stakes. Shares of UMAC traded at $23.11 on Friday, down 3.25%.
Larger defense names moved with the sector during May’s funding headlines, including Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) and AeroVironment, Inc. (NASDAQ:AVAV), which rose alongside peers in the Spring, should also be monitored this round.
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Photo: Pavlow / Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Sequoia Financial Advisors ve 2. čtvrtletí snížila podíl v AeroVironment o 35,8 % na 5 967 akcií v hodnotě 985 000 USD. Největší novinkou je však to, že AeroVironment ve čtvrtletí překonala odhady ziskem na akcii ve výši 0,59 USD a tržbami 480,49 milionu USD.
Sequoia Financial Advisors LLC reduced its stake in AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 35.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,967 shares of the aerospace company’s stock after selling 3,330 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in AeroVironment were worth $985,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in AeroVironment during the second quarter valued at approximately $574,566,000. Geode Capital Management LLC boosted its holdings in shares of AeroVironment by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 884,395 shares of the aerospace company’s stock worth $213,956,000 after buying an additional 71,903 shares during the period. Heard Capital LLC boosted its holdings in shares of AeroVironment by 48.4% during the 4th quarter. Heard Capital LLC now owns 722,150 shares of the aerospace company’s stock worth $174,681,000 after buying an additional 235,685 shares during the period. Stephens Investment Management Group LLC grew its stake in AeroVironment by 18.8% in the 1st quarter. Stephens Investment Management Group LLC now owns 490,426 shares of the aerospace company’s stock valued at $89,772,000 after buying an additional 77,619 shares during the last quarter. Finally, American Capital Management Inc. acquired a new position in AeroVironment in the 2nd quarter valued at $69,745,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research analysts recently commented on the stock. Raymond James Financial upgraded shares of AeroVironment from a “market perform” rating to an “outperform” rating and set a $210.00 target price on the stock in a report on Thursday, July 16th. Citigroup reaffirmed a “market outperform” rating on shares of AeroVironment in a research report on Thursday, September 10th. Bank of America dropped their price objective on AeroVironment from $225.00 to $185.00 and set a “buy” rating on the stock in a research note on Friday, September 11th. Royal Bank Of Canada lowered AeroVironment from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $210.00 to $180.00 in a research note on Thursday, July 9th. Finally, Piper Sandler cut their price objective on AeroVironment from $248.00 to $235.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, AeroVironment presently has a consensus rating of “Moderate Buy” and an average price target of $246.47.
Check Out Our Latest Analysis on AeroVironment AeroVironment Price Performance NASDAQ:AVAV opened at $156.45 on Thursday. The stock has a market cap of $7.95 billion, a P/E ratio of -66.86, a PEG ratio of 5.35 and a beta of 1.41. AeroVironment, Inc. has a one year low of $135.20 and a one year high of $417.86. The company has a fifty day moving average price of $156.81 and a 200 day moving average price of $176.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.26 and a quick ratio of 3.33.
AeroVironment (NASDAQ:AVAV – Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.37. The company had revenue of $480.49 million for the quarter, compared to analyst estimates of $451.95 million. AeroVironment had a negative net margin of 5.77% and a positive return on equity of 4.04%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business posted $0.32 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Analysts anticipate that AeroVironment, Inc. will post 3.25 earnings per share for the current year.
Insider Transactions at AeroVironment In related news, CAO Brian Shackley sold 205 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $201.86, for a total value of $41,381.30. Following the completion of the sale, the chief accounting officer owned 7,888 shares in the company, valued at approximately $1,592,271.68. This trade represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Page sold 250 shares of AeroVironment stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $191.98, for a total value of $47,995.00. Following the sale, the director directly owned 48,503 shares in the company, valued at approximately $9,311,605.94. This trade represents a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.79% of the stock is currently owned by corporate insiders.
Key Headlines Impacting AeroVironment Here are the key news stories impacting AeroVironment this week:
Positive Sentiment: Funded backlog increased to approximately $1.5 billion at the end of fiscal Q1 2027, up from $1.2 billion at April 30. The backlog represents firm, funded customer orders and provides meaningful revenue visibility, although investors are watching how quickly AeroVironment converts it into sales. AeroVironment Has $1.5 Billion in Funded Backlog Positive Sentiment: AeroVironment secured a reported $100 million U.S. Air Force contract, adding to momentum from a previously highlighted $465 million Army high-energy laser award and reinforcing demand for its defense and counter-drone systems. A $100 Million Reason to Buy AVAV Stock Positive Sentiment: The company signed a long-term agreement with Attalon to incorporate Valaris high-energy laser platforms into its LOCUST and broader directed-energy offerings. The deal could support production capacity as military demand for deployable laser systems grows. Attalon and AeroVironment Execute Long-Term Agreement Positive Sentiment: Goldman Sachs reiterated its Buy rating and $326 price target, citing strong growth visibility and upcoming program catalysts. ARK Invest also purchased additional AVAV shares, potentially improving sentiment. AeroVironment Buy Rating Reiterated Neutral Sentiment: A partnership with Nominal will digitize manufacturing and test data, which may improve production scalability and execution but does not immediately add revenue. AeroVironment Teams Up to Digitize Production Negative Sentiment: Weakness in speculative drone names, including Red Cat and Unusual Machines, is creating sector-wide selling pressure. AVAV has barely moved compared with those peers, reflecting its stronger backlog and defense-program exposure, but the risk-off rotation can still limit near-term gains. Speculative Drone Names Extend Slide About AeroVironment (Free Report)
AeroVironment, Inc is a defense technology company that develops and produces unmanned aircraft systems, loitering munitions, counter-unmanned aircraft systems and related robotic technologies. Its products are designed for intelligence, surveillance and reconnaissance, precision strike, force protection and tactical communications applications.
The company’s portfolio includes the Raven, Puma and Wasp small unmanned aircraft systems; the JUMP 20 vertical takeoff and landing aircraft; and the Switchblade family of loitering munitions.
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AeroVironment v 1. čtvrtletí fiskálního roku 2027 zvýšil tržby o 21 % na 346 milionů USD a získal první výrobní zakázku na řízenou energii za 464 milionů USD. Růst podpořily vyšší prodeje UAS a akvizice BlueHalo a ESAero.
Key Takeaways AeroVironment's AxS revenues rose 21% to $346 million, led by higher UAS sales and funded R&D.AVAV secured $464 million for Enduring High Energy Laser, its first directed-energy production contract.The BlueHalo and ESAero acquisitions expanded AVAV's autonomous, space and defense technology portfolio. AeroVironment’s (AVAV - Free Report) Autonomous Systems (“AxS”) business is emerging as an important contributor to the company’s growth. In the first quarter of fiscal 2027, AxS revenues increased 21% year over year to $346 million, driven by higher UAS product sales and increased customer-funded R&D. UAS revenues alone rose 71% to $120 million, reflecting what the company described as increased global demand for UAS products.
AeroVironment is increasingly operating across more than traditional drone systems. Its two reporting segments are Autonomous Systems and Space, and Cyber and Directed Energy, with the latter covering space platforms, cyber capabilities and directed-energy technologies such as high-energy lasers.
The acquisition of BlueHalo in May 2025 significantly expanded this portfolio, incorporating capabilities into both AxS and SCDE. AVAV also acquired ESAero in March 2026, adding a producer of UAS and advanced air-mobility platforms to the Autonomous Systems segment.
This broader portfolio is also producing new contract opportunities. During first-quarter fiscal 2027, AVAV secured its first international commercial order for its LOCUST laser weapon system and received a $464 million Army contract for the Enduring High Energy Laser program — the company’s first directed-energy production contract. It also received a $43 million contract to integrate its PANTHER phased-array antenna onto SkyRange platforms for hypersonic telemetry.
Government customers also remain central to the business: U.S. government revenues represented about $387 million of first-quarter revenues, compared with approximately $94 million from non-U.S. government customers.
Companies Leveraging Autonomous & Defense Technology DemandAlong with AVAV, a few other companies are also benefiting from the same trend, as discussed below:
Kratos Defense & Security Solutions (KTOS - Free Report) : KTOS develops technologies spanning unmanned systems, satellite communications, cyber, missile defense, hypersonics and directed energy, giving it exposure to several of the same defense technology themes as AeroVironment.
Red Cat Holdings (RCAT - Free Report) : Red Cat focuses on unmanned and robotic systems for defense and national security, with its portfolio spanning small UAS and uncrewed surface vessels. The company also has a development partnership with AeroVironment involving Red Cat’s FANG drone and AV’s P550 UAS.
AVAV Stock’s Earnings EstimatesThe Zacks Consensus Estimate for fiscal 2027 earnings per share indicates a year-over-year decline of 1.81%.
Image Source: Zacks Investment Research
AVAV Stock Trades at a DiscountIn terms of valuation, ATRO’s forward 12-month price-to-sales (P/S) is 3.41X, a discount to the industry’s average of 7.14X.
Image Source: Zacks Investment Research
AVAV Stock’s Price PerformanceIn the past three months, the company’s shares have lost 8% compared with the industry’s 20.4% decline.
Image Source: Zacks Investment Research
AVAV’s Zacks RankThe company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AeroVironment roste o 6 % po výsledcích za fiskální 1. čtvrtletí, zatímco celý dronový sektor zůstává téměř beze změny. Firma uvedla rekordní tržby ve výši 480,5 milionu USD a backlog ve výši 1,5 miliardy USD.
AeroVironment is surging while its closest drone rivals barely move and the sector ETF sits flat, raising the question of whether today's bid is a genuine turning point or just noise in a stock still deep in the red for…
AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) stock is up 6% to $155.22 midday Monday, extending a post-earnings recovery the rest of the drone group hasn’t joined. The move follows the defense contractor’s fiscal first-quarter results reported earlier this month. The gain still leaves AeroVironment shares down 36% year to date.
Ondas (NASDAQ:ONDS) stock is rising 2% to $7.37 on the same session, giving AeroVironment only a fractional tailwind from a closer counter-drone peer. Red Cat (NASDAQ:RCAT) stock is essentially unchanged, down 0.6% to $7.92, so neither peer is confirming the bid AeroVironment is getting today. The rest of the group is quiet on a day AeroVironment is moving hard.
Meanwhile, the REX Drone ETF (NASDAQ:DRNZ) is up 0.4%, and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.2%. A drone fund that’s barely positive on a day AeroVironment stock is rising many times more places today’s action inside one name rather than across the sector. AeroVironment can’t lean on a sector tailwind here, and that’s what turns this into a single-name story.
Earnings Follow-Through Drives the Bid AeroVironment reported record fiscal first-quarter revenue of $480.5 million and funded backlog of $1.5 billion after the close on September 9. That backlog was 37% higher than a year earlier, and management reaffirmed full-year guidance rather than raising it. The reaffirmation sets a firm floor for expectations for AeroVironment without stretching the story ahead of execution risk.
Today’s gain reflects continued follow-through on AeroVironment’s results from earlier this month, with no fresh same-day company announcement to drive it. AeroVironment is scaling its Locust and E-HEL counter-drone laser systems as Locust transitions from testing into production. Adjusted gross margin also widened to 26% from 21% in the year-ago quarter, adding to the operating-leverage case for AeroVironment on the fiscal 2027 report.
Rival Drone Names Sit Still Ondas and Red Cat haven’t reported in this window or announced anything comparable, which is why AeroVironment is climbing alone. The backlog visibility AeroVironment described is specific to a prime contractor running large government programs. It doesn’t automatically translate to smaller drone makers selling into different procurement channels than AeroVironment relies on.
AeroVironment’s fiscal first-quarter bookings reached $700 million and its book-to-bill ratio was 1.4 times, giving the company multi-quarter forward visibility that its smaller peers haven’t matched publicly this month. Ondas and Red Cat both remain earlier in their own commercial ramps. That gap is why AeroVironment can be re-rated on its own report without carrying the group along with it.
AeroVironment’s Locust counter-UAS program carries $464 million in awarded value under the Army’s Enduring High Energy Laser contract, a specific-program scale Ondas and Red Cat can’t match today. That kind of program depth is why AeroVironment reads as a separate story from the smaller drone names. It also anchors the guidance framework AeroVironment reaffirmed on September 9.
A drone fund barely off the flat line confirms that the group isn’t participating on this move. AeroVironment’s 6% gain stands well above the REX Drone ETF’s 0.4% move, and Red Cat’s slight decline underscores that today’s session is about AeroVironment specifically. The broad market is soft too, with SPY lower on the day, so AeroVironment isn’t leaning on a risk-on backdrop for the move either.
What to Watch Next AeroVironment is climbing out of a deep hole rather than breaking out on today’s move. Even with the 6% gain, AeroVironment stock sits 36% below where it started the year. A handful of strong sessions doesn’t yet add up to a trend reversal, and the AeroVironment recovery still has ground to cover before it looks structural.
The bull case for AeroVironment rests on record revenue and the $1.5 billion funded backlog giving visibility smaller peers can’t match at current scale. AeroVironment’s transition of Locust into production adds a second growth vector separate from the mature loitering-munition franchise. That combination is why AeroVironment shares can still move on delayed digestion of the fiscal first-quarter report.
The bear case is that AeroVironment is being re-rated alone while the DRNZ drone ETF and both peers stand still, so the recovery may prove one-off rather than the start of a group-wide bid. Investors can watch for whether more sessions like today’s stack up before adding to their exposure to AeroVironment. Position sizing on AeroVironment stock should stay measured until that follow-through actually appears.
Contact [email protected] for any questions or corrections.
AeroVironment (AVAV - Free Report) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +168.18%. A quarter ago, it was expected that this maker of unmanned aircrafts would post earnings of $1.53 per share when it actually produced earnings of $1.84, delivering a surprise of +20.26%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
AeroVironment, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $480.49 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 2.69%. This compares to year-ago revenues of $454.68 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
AeroVironment shares have lost about 38.5% since the beginning of the year versus the S&P 500's gain of 12.1%.
What's Next for AeroVironment?While AeroVironment has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for AeroVironment was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $530.42 million in revenues for the coming quarter and $3.20 on $2.17 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
AeroVironment oznámil rekordní čtvrtletní tržby ve výši 480 mil. USD a rekordní zajištěný backlog 1,5 mld. USD. Zároveň získal armádní zakázku na laserový systém LOCUST v hodnotě téměř 465 mil. USD.
AeroVironment’s $465 Million Army Laser Win Expands Its Counter-Drone OpportunityAeroVironment NASDAQ: AVAV reported record first-quarter fiscal 2027 revenue and funded backlog, while reaffirming its full-year outlook as it expands production capacity for uncrewed systems, loitering munitions and counter-drone technologies.
Revenue for the quarter totaled $480 million, according to Chairman, President and Chief Executive Officer Wahid Nawabi. Funded backlog reached a record $1.5 billion, up 37% from the same quarter a year earlier and 23% from the prior quarter. The company recorded $683 million in bookings, producing a quarterly book-to-bill ratio of 1.4 times.
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5 Stocks to Buy in September Before Wall Street Catches OnExecutive Vice President and Chief Financial Officer Sean Woodward said total funded and unfunded backlog was approximately $2.8 billion at quarter-end. AeroVironment also said its reported unfunded backlog excludes remaining capacity on certain sole-source IDIQ contracts, including U.S. Army Switchblade, foreign military sales UAS and counter-UAS, and JIATF-401 counter-UAS RF contracts.
Segment performance and margins The Autonomous Systems segment generated $346 million of first-quarter revenue, accounting for 72% of total company sales and rising 21% year over year. Within the segment, Precision Strike and Defensive Systems revenue increased 8% to $197 million, supported by loitering munitions, one-way attack systems and Titan counter-UAS RF products.
AeroVironment Hit a Bottom in Q2—Can It Take Flight in Q3?Uncrewed Aircraft Systems revenue rose 71% year over year to $120 million, led by domestic and international sales of the P550, JUMP 20-X and Puma platforms.
Space, Cyber and Directed Energy revenue was $134 million, down 21% from a year earlier and in line with company expectations. Woodward attributed the decline to the termination of the SCAR contract in March and other discontinued government programs. SCAR-related revenue had totaled $32 million in the prior-year first quarter.
Adjusted gross margin improved to 30% from 29% a year earlier. Adjusted product gross margin rose to 40% from 36%, while adjusted service gross margin declined to 8% from 13%. Woodward said service margins were affected by about $5 million in revenue lost from discontinued programs, other program losses and award delays in the Cyber and Mission Solutions business.
Adjusted EBITDA was $53 million, or 11% of revenue, while non-GAAP adjusted diluted earnings per share rose 84% year over year to $0.59. AeroVironment generated $13 million in operating cash flow, though free cash flow was negative $36 million because of higher capital spending for facility expansions.
Counter-UAS awards drive growth plans AeroVironment highlighted several recent contract awards across its product portfolio, particularly in counter-UAS systems. The company said it received a nearly $465 million U.S. Army Enduring High Energy Laser, or EHEL, contract for its LOCUST directed-energy system. Nawabi described the award as the first production contract for directed-energy systems in U.S. military history.
The company also announced its first international direct commercial sale for LOCUST. Nawabi said AeroVironment sees domestic and international demand for laser weapon systems as potentially comparable in scale, citing growing drone threats in regions including the Middle East, Asia-Pacific and Eastern Europe.
LOCUST systems can address high-volume drone attacks at a stated cost of less than $10 per shot, according to Nawabi. He said the company expects the product line to have a stronger margin profile in the second half of fiscal 2027 as volumes rise and fixed-price production contracts expand. Over the next several years, management expects the Space, Cyber and Directed Energy segment’s margin profile to move toward levels achieved by the Autonomous Systems segment.
Other counter-UAS developments included a $500 million sole-source IDIQ award for the Titan MS radio-frequency detect-and-defeat platform, including an initial $80 million contract supporting the U.S. Golden Dome initiative. AeroVironment is also expanding its Huntsville, Alabama, operations to support accelerated production of its Freedom Eagle One kinetic intercept solution.
Manufacturing investments and program progress The company is investing in production capacity across several locations. AeroVironment recently announced a $100 million long-term investment in Southern California to build an innovation center and campus that will consolidate operations, add capacity and is expected to lower annual operating expenses by replacing leased facilities.
A new 120,000-square-foot Salt Lake City facility is expected to open in spring 2027 and will support scaling of loitering munition production. The company is also building out production in Albuquerque, New Mexico, for LOCUST systems and expanding Huntsville for Freedom Eagle One.
Among other first-quarter program developments, AeroVironment received a $117 million award under the U.S. Army’s Long Range Reconnaissance, or LRR, program for its P550 system. Nawabi said the company expects to deliver nearly all of that contract during fiscal 2027 and sees the LRR program as a potential $1 billion opportunity over several years.
The company also received a $30 million contract to provide Puma AE and Puma LE systems for Germany’s Larus reconnaissance program, a $51 million U.S. Army contract for Switchblade 600, and a $43 million contract to integrate Panther phased-array antennas on Sky Range platforms for hypersonic telemetry.
Guidance reaffirmed amid budget-timing uncertainty AeroVironment reiterated fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion, adjusted EBITDA guidance of $305 million to $325 million, and adjusted EPS guidance of $3.02 to $3.34.
The company expects revenue to be weighted toward the second half of the year, with approximately 45% in the first half and 55% in the second half. It expects roughly one-third of adjusted EBITDA in the first half and two-thirds in the second half, reflecting anticipated volume growth and sales mix improvements later in the year.
Woodward said AeroVironment expects free cash flow to remain negative for fiscal 2027 because capital expenditures are projected at 12% to 14% of revenue. Research and development spending is expected to represent 7% to 9% of revenue.
Nawabi said the timing of congressional approval for the U.S. government’s next fiscal-year budget remains an uncertainty, though management does not currently view it as a significant risk to the company’s outlook. He also said the company expects minimal tariff exposure because more than 98% of its supply chain is domestic, with the remainder sourced primarily from U.S. allies.
About AeroVironment (NASDAQ:AVAV)AeroVironment, Inc NASDAQ: AVAV is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.
The company's unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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AeroVironment před výsledky klesá o 4,69 % a investoři čekají, zda potvrdí celoroční výhled tržeb ve výši 2,125–2,225 mld. USD. Firma zároveň vykázala rekordní backlog ve výši 1,5 mld. USD.
Live 8 updates · Last at 4:36pm ET Updates appear automatically.
By Thomas Richmond · Updated Sep 9, 4:36pm ET · Published Sep 9, 1:42pm ET
Live UpdatesNewest first
AeroVironment’s earnings beat didn’t lead management to raise its full-year outlook, but the company maintained guidance calling for a substantial step up in revenue over the remainder of fiscal 2027.
Management continues to expect $2.125-2.225 billion in FY27 revenue, along with adjusted EBITDA of $305-325 million and adjusted EPS of $3.02-3.34.
Here’s some interesting math: AeroVironment generated $480.5 million in Q1 revenue. At the midpoint of its $2.175 billion full-year guidance, that leaves about $1.69 billion of revenue for the final three quarters, or an average of roughly $565 million per quarter.
The record $1.5 billion funded backlog provides visibility toward reaching that $1.69 billion of remaining revenue for the year to reach guidance, but it also puts execution front and center.
AeroVironment now needs to convert rapidly growing defense demand into deliveries as it expands manufacturing capacity and strengthens its supply chain.
At first glance, AeroVironment’s 6% year-over-year revenue growth might not look particularly impressive for a defense technology company, especially with the market expecting significant future growth from the business.
However, profitability improved considerably beneath the surface. Gross profit jumped 31% to $124.6 million, while gross margin expanded from 21% to 26%. AeroVironment’s operating loss also narrowed dramatically, from $69.3 million last year to just $10.9 million this quarter.
There is an important acquisition-related wrinkle. The quarter included $43.4 million of intangible amortization and other non-cash purchase accounting expenses, versus $79.7 million a year ago. On a GAAP basis, AeroVironment still lost $0.10 per share, while adjusted EPS reached $0.59.
That makes the company’s post-BlueHalo profitability worth watching closely over the coming quarters as acquisition-related accounting effects normalize.
AeroVironment’s $480.5 million in first-quarter revenue set a company record, but its bookings may provide a better signal about where the business is heading.
The defense technology company recorded $700 million in bookings, producing a 1.4x book-to-bill ratio. Funded backlog reached a record $1.5 billion, up 37% year over year and from $1.2 billion at the end of April.
That means AeroVironment added roughly $300 million to funded backlog in a single quarter, even while recognizing nearly $481 million in revenue. A book-to-bill ratio above 1 also means new bookings are arriving faster than the company is converting existing orders into revenue.
CEO Wahid Nawabi specifically highlighted expanding manufacturing capacity and strengthening the company’s supply chain to meet growing customer demand for autonomous systems.
AeroVironment just reported earnings, with shares initially up 4% after the report. Here are the key numbers:
Revenue: $481 million vs. $456 million expected Adjusted EPS: $0.59 vs. $0.25 expected Adjusted EBITDA: $39 million vs. $39 million expected Funded Backlog: $1.5 billion, up 37% year over year Book-to-Bill: 1.4x FY27 Guidance:
Revenue: $2.2 billion vs. $2.2 billion expected EPS: $0.37 vs. $3.22 expected Adjusted EBITDA: $315 million vs. $318 million expected Quick Read:
AeroVironment delivered a strong Q1 beat, with revenue topping estimates and EPS more than doubling expectations.
A $1.5 billion funded backlog and 1.4x book-to-bill point to strong demand, although FY27 EBITDA guidance came in slightly below expectations.
Insider Form 4 filings for AeroVironment (NASDAQ:AVAV) before tonight’s earnings show consistent selling and no open-market buys.
Date Insider Title Transaction Shares Value Wahid Nawabi Chair, CEO Sell Wahid Nawabi Chair, CEO Sell Melissa Brown EVP, CLO Sell Trace Stevenson Pres., AxS Sell Sean Woodward CFO Sell Dollar-weighted activity skews sell. Nawabi disposed of shares on June 29 after a performance-restricted grant, plus more on July 10.
Members of the executive board, including Brown, Stevenson, Woodward, and Brian Shackley, all sold on June 29 alongside vesting, likely sell-to-cover. Director Stephen Page trimmed twice in August at and . No insider is buying with conviction ahead of tonight’s release.
With the Q1 earnings release due after the close, AeroVironment (NASDAQ:AVAV) trades at , off intraday and over the past month.
Consensus Bar Adjusted EPS: (range , 15 analysts) Revenue: across 16 analysts EPS bar has been slashed from 90 days ago KPIs to Track Segment split between AxS and SCDE Switchblade-led Precision Strike momentum ( pro forma last quarter) Book-to-bill trajectory Gross margin recovery Any tweak to the FY27 revenue range Move Triggers Historically, beats have produced an average day-of gain of ; misses average . The Sept 11 options chain leans bearish, with versus contracts traded.
A reaffirmed FY27 outlook plus a topline above the $512M high estimate would spark the sharpest upside, while any guidance cut or SCDE softness would be the clearest downside catalyst.
With and , here is where the two sides square off.
Bull Case Momentum from Q4: on . Demand backdrop: The FY27 defense budget delivers . Analyst conviction: and a , with . Reaction skew: Historical beats average a . Bear Case Guided-in weakness: Q1 EPS is only , with a . Cash burn: as capex ramps to . Sentiment fade: , and legal probes into the linger. Miss punishment: on a miss.
AeroVironment reports fiscal Q1 2027 earnings at 4:10 PM ET tonight, with the stock sitting at $142.63 after trading above $270 last December. Expectations have fallen considerably, with consensus EPS down from $0.79 90 days ago to $0.25 today.
The biggest question tonight is whether AeroVironment can reaffirm its FY27 outlook for roughly 10% revenue growth. Management expects revenue to be heavily weighted toward the first half of the year, putting more pressure on Q1 to deliver.
Investors will also be watching for a recovery from last quarter’s 32% gross margin and signs of healthy organic growth outside the BlueHalo acquisition.
Longer term, counter-UAS remains one of the biggest pieces of the AVAV story. Management has said the business could eventually become “equally as large, if not two to three times bigger” than loitering munitions.
After three quarterly misses in FY26, a clean quarter and reaffirmed guidance tonight could go a long way toward rebuilding investor confidence.
This article is updated throughout the trading day. Check back for more.
Full CoverageThe story so far
AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) is expected to report Q1 FY2027 earnings results tonight at 4:10 PM ET. Shares are down 4.69% today ahead of earnings and have slid 41.04% year to date. Tonight provides the market’s first clean look at the business following the BlueHalo acquisition.
Momentum Meets a Reset Bar Last quarter delivered a decisive beat. Adjusted EPS came in at $1.84 versus $1.4719 estimated, on revenue of $641.6M, up 133.3% year over year. Organic growth ran at 31%, and Precision Strike expanded 80% pro forma to $333M on Switchblade demand.
Sentiment has since deteriorated. AVAV is down 23.62% over the past month, pressured by the $1.5B SCAR unfunded backlog wipeout, ongoing securities litigation, and a FY26 GAAP net loss of $265.1M.
Consensus Estimates for Q1 FY27 Metric Q1 FY27 Estimate YoY Change FY27 Estimate FY28 Estimate Revenue $456.09M +0.3% $2.19B $2.53B EPS (Normalized) $0.2479 -22.5% $3.2183 $4.3910 The FY27 EPS average has slid from $4.03 ninety days ago to $3.22, with 9 downward revisions in the trailing 30 days. Q1 is the softest quarter of the year given the 45/55 first-half/second-half revenue split.
What I’m Watching Tonight: Margins, Bookings, and the Organic Growth Reveal I’ll be looking for five things in tonight’s earnings release. First, organic growth. With BlueHalo and ESAero fully lapped, this is the first quarter where investors can isolate the legacy AV growth rate against the 31% Q4 organic pace. Any deceleration signals demand air pockets tied to the continuing resolution management has already assumed will delay funding into the March timeframe.
Second, gross margin trajectory. Q4 adjusted gross margin was 34%, or 730 basis points above the quarter-two low. Investors need continued lift to trust the 14.5% FY27 adjusted EBITDA margin midpoint.
Third, bookings and book-to-bill. Trailing twelve-month book-to-bill sits at 1.4 times, and I want to see LASSO, LRR, and LOCUST orders keep the pipeline building.
Fourth, capex commentary. Guidance calls for capex at 12-14% of revenue to fund Salt Lake City, Huntsville, Albuquerque, and Dayton. Analysts will focus on how quickly that spend converts into Switchblade, Freedom Eagle One, and LOCUST throughput.
Fifth, tone on Golden Dome and Halo Shield positioning, given the $14.4 billion FY27 counter-unmanned systems investment in the defense budget.
AVAV Earnings History Quarter EPS Surprise 1-Day Move 7-Day Move 30-Day Move Q4 FY26 +25.01% +18.76% -4.42% -9.51% Q3 FY26 -7.39% -6.25% +3.91% -6.42% Q2 FY26 -44.23% -12.85% -6.59% +48.36% Q1 FY26 -6.71% +6.95% +10.13% +58.79% On average, shares moved 3.86% seven days after earnings over the past year.
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Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
AeroVironment oznámí výsledky po uzavření trhu ve středu; analytici čekají EPS 25 centů a tržby 456,09 milionu USD. Firma navíc získala kontrakt americké armády za 464,8 milionu USD.
AeroVironment, Inc. (NASDAQ:AVAV) will release its first earnings report after the closing bell on Wednesday, Sept. 9.
Analysts expect the Arlington, Virginia-based company to report quarterly earnings of 25 cents per share, down from 32 cents per share in the year-ago period. The consensus estimate for AeroVironment’s quarterly revenue is $456.09 million. It reported $454.68 million last year, according to Benzinga Pro.
On Sept. 2, the company won a $464.8 million contract from the U.S. Army Portfolio Acquisition Executive for Fires program office for the Enduring-High Energy Laser (E-HEL) program.
AeroVironment shares gained 2.9% to close at $148.78 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Raymond James analyst Brian Gesuale upgraded the stock from Market Perform to Outperform with a price target of $210 on July 16, 2026. This analyst has an accuracy rate of 73%. Citizens analyst Trevor Walsh maintained a Market Outperform rating and cut the price target from $350 to $230 on July 10, 2026. This analyst has an accuracy rate of 84%. Piper Sandler analyst Clarke Jeffries maintained an Overweight rating and cut the price target from $248 to $235 on July 9, 2026. This analyst has an accuracy rate of 51%. RBC Capital analyst Ken Herbert downgraded the stock from Outperform to Sector Perform and slashed the price target from $210 to $180 on July 9, 2026. This analyst has an accuracy rate of 75%. BTIG analyst Andre Madrid maintained a Buy rating with a price target of $205 on July 9, 2026. This analyst has an accuracy rate of 54%. Trending
Considering buying AVAV stock? Here’s what analysts think:
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AeroVironment obdržel první mezinárodní objednávku na laserový systém LOCUST v hodnotě přes 50 milionů USD. Jde o první přímý komerční prodej této technologie proti dronům.
Operationally proven laser weapon system receives first international purchase order valued at more than $50 million, highlighting growing global demand for scaled directed energy defense for counter-UAS missions.
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced it has received its first international purchase order for the LOCUST® Laser Weapon System. The landmark, first of its kind direct commercial sale (DCS) order, valued at more than $50 million, marks a significant milestone in the global adoption of AV’s directed energy counter‑drone capabilities.
The landmark, first of its kind direct commercial sale (DCS) order, valued at more than $50 million, marks a significant milestone in the global adoption of AV’s directed energy counter‑drone capabilities.
Share The purchase order covers an initial delivery of AV’s mission‑proven LOCUST systems and associated support. The award follows AV's recent selection by the U.S. Army for a $464.8 million Enduring-High Energy Laser (E-HEL) contract, representing the first-ever production contract for high energy laser weapon systems in United States history.
“This first international order signals increasing global recognition that high‑energy laser weapon systems are essential to modern air defense,” said Wahid Nawabi, President, Chairman and Chief Executive Officer at AV. “The threat from low-cost drones is global and has fundamentally changed the economics of warfare. LOCUST gives our customers an affordable, scalable way to defeat drone threats at scale without relying solely on expensive interceptors.”
“This first international order for LOCUST is a pivotal milestone in our directed energy roadmap,” said Mary Clum, President of Space, Cyber, and Directed Energy at AV. “We are not only accelerating the fielding of an operationally proven laser weapon system, we are also establishing a foundation for sustained and expanded international adoption to provide layered innovation in counter‑drone defense.”
To support the growing demand for LOCUST, AV recently announced it is investing more than $30 million to expand its Albuquerque, New Mexico manufacturing campus, creating a vertically integrated production hub to scale domestic and international production of directed energy, space, and advanced defense technologies while also adding more than 450 jobs and generating over $670 million in economic impact.
In addition to this latest international award, LOCUST has helped drive first‑of‑their‑kind milestones for U.S. directed energy, from achieving the military’s first acknowledged laser kills on the southern border and defeating multiple drones from the deck of the USS George H. W. Bush, to successful integrations on Infantry Squad Vehicles and Joint Light Tactical Vehicles under the AMP‑HEL initiative and multiple high‑profile live‑fire events at White Sands Missile Range observed by military and defense leaders, including Secretary of War Pete Hegseth who recently operated the system at White Sands.
The Federal Aviation Administration and the Department of War have also signed a landmark safety agreement creating a pathway for LOCUST to operate safely in U.S. airspace, following FAA review of the system’s domestic deployment.
These achievements firmly establish LOCUST as one of the most operationally proven laser weapon systems in the American arsenal.
MORE ON LOCUST
LOCUST is an operationally proven high-energy laser weapon system that combines advanced sensing, tracking and directed-energy defeat capabilities against Group 1-3 unmanned aircraft systems and other aerial threats. The modular system supports fixed-site, palletized and mobile deployment and can integrate with multiple cueing sensors and command-and-control (C2) networks.
Recently featured on CBS News’ 60 Minutes, the operationally‑proven LOCUST laser weapon system delivers engagements for less than $10 per shot and provides sustained defense unconstrained by the reload limitations of traditional air defense systems, offering a truly transformative solution for modern air defense.
LOCUST serves as a central piece of AV’s Halo_Shield™ modular layered air defense platform, providing best‑in‑breed detection, surveillance, and directed energy defeat capability alongside AV’s Titan® C‑UAS system and Freedom Eagle™‑1 next‑generation missile. Halo_Shield is an interoperable, distributed, and layered system that detects, tracks, and defeats drones, swarms, and other evolving aerial threats.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter‑UAS technologies, space‑based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission‑ready suite of AI‑powered software tools that empowers warfighters and enables full‑battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future‑defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute “forward‑looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward‑looking statements as a result of new information or future events.
AeroVironment získal od americké armády kontrakt za 464,8 milionu USD na program E-HEL. Půjde o první výrobní zakázku pro systémy řízené energie v historii USA.
AV’s proven LOCUST ® family of laser weapons will anchor E-HEL Army program
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in proven autonomous and counter-drone systems, today announced it has been awarded a landmark contract valued at $464.8 million by the U.S. Army Portfolio Acquisition Executive for Fires (PAE Fires) program office for the Enduring-High Energy Laser (E-HEL) program.
This award represents the first-ever production contract for directed energy systems in United States history, signaling a historic transition from prototype to production for laser weapon systems.
Share This award represents the first-ever production contract for directed energy systems in United States history, signaling a historic transition from prototype to production for laser weapon systems.
“This award marks a defining moment not only for AV, but for the future of modern defense,” said Wahid Nawabi, Chairman, President, and Chief Executive Officer at AV. “The transition of directed energy from experimentation to an enduring, fielded capability reflects years of collaboration, innovation, and operational success alongside the U.S. Army. We are proud to deliver these production systems and support the Army’s mission with scalable, modular, and cost-effective defense solutions.”
Under this Other Transaction Agreement (OTA), AV will deliver dozens of LOCUST® X3 laser weapon systems over the next few years in support of multi-year fielding requirements, advancing the Army’s layered air defense capabilities against group 1-3 unmanned aircraft systems (UAS) while also solidifying directed energy as a cornerstone of future battlefield operations.
AV's LOCUST X3, a 30-kilowatt platform-agnostic system, will be integrated with various platforms such as the Army's Joint Light Tactical Vehicle (JLTV), with options for palletized configurations, while analyzing the potential to integrate on an Infantry Squad Vehicle (ISV) in the near future. As part of the program, AV will also provide ongoing system support and training.
The E-HEL program builds upon the success of the Army Multi-Purpose High Energy Laser (AMP-HEL) prototypes currently in use by the Army.
The contract follows LOCUST’s successful testing at White Sands Missile Range, led by Joint Interagency Task Force 401 (JIATF-401) and PAE Fires, which demonstrated safe, effective counter-drone operations in U.S. airspace and directly enabled a DOW–FAA safety agreement validating the system for domestic use.
By entering production, the E-HEL program enables the Army to field a sustainable, scalable, and cost-effective solution against UAS. The ramp up in production will be supported by a $30 million investment in AV’s Albuquerque, NM facility that was announced in March of 2026.
“This program represents the culmination of years of operational lessons learned and rapid prototyping,” said John Garrity, Vice President of Directed Energy Systems at AV. “E-HEL is not a future capability, it is a production-ready system, built on proven technology, and designed to meet the demands of today’s fight while scaling for tomorrow’s threats.”
The award further reinforces AV’s leadership in directed energy and its role as a trusted partner to the U.S. Department of War. The company’s platform-agnostic approach enables integration across multiple mission sets and platforms, ensuring flexibility and rapid deployment in diverse operational environments.
As the Army transitions to procurement at scale, the E-HEL program establishes a foundation for sustained production, innovation, and fielding of next-generation laser weapon systems, delivering capability “at the speed of light.”
About LOCUST®
AV’s LOCUST family of directed energy systems represents a breakthrough in counter-UAS defense, delivering precise, scalable, and cost-effective protection against evolving aerial threats. Its performance was recently featured on CBS News’ 60 Minutes, underscoring its growing relevance in modern defense and broader adoption. LOCUST was also successfully demonstrated aboard the U.S. Navy’s USS George H.W. Bush. The system was also validated in joint testing with JIATF-401 at White Sands Missile Range, a demonstration that informed Department of War and Federal Aviation Administration coordination on the safe use of lasers in domestic airspace. The latest evolution, LOCUST X3, introduces enhanced power, modularity, and AV_Halo™ AI-driven targeting and serves as a key effector within AV’s Halo_Shield™ architecture.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
AeroVironment, Inc. (“AV”), a global defense technology leader, today announced that its MacCready Works advanced solutions team has been awarded a contract for the co-design and co-manufacture of three Mars helicopters for NASA’s SkyFall mission with the agency’s Jet Propulsion Laboratory (JPL), taking the project from future concept to a formally funded Mars science mission and a path toward launch in late 2028.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260827821137/en/
AV's MacCready Works will design and develop three Mars helicopters for NASA's SkyFall mission, supporting a planned launch in late 2028. (Photo/AV)
SkyFall is the first mission to fly a team of three instrument-carrying helicopters on Mars, demonstrating a fully integrated system capable of autonomous atmospheric entry and powered descent.
AV and JPL are building on their experience as co‑developers of NASA’s Ingenuity Mars Helicopter, which completed 72 historic flights at Jezero Crater. Together, the teams are evolving Ingenuity‑derived designs into SkyFall: an active NASA mission under the Science Mission Directorate, optimized to deliver high‑value science for the Mars Exploration Program.
“With Ingenuity, AV and JPL proved we could fly on Mars. Now, with SkyFall, we’re taking AV’s high‑volume uncrewed systems mindset into planetary exploration and showing that Mars helicopters can be built as a repeatable product line, not a one‑off delivery,” said Jeff Rodrian, Head of MacCready Works, AV’s advanced research and development organization. “It’s also a powerful example of public‑private partnership; AV and JPL building on Ingenuity’s success to create a helicopter platform that NASA can apply to many different science missions over multiple launch windows.”
AV is leading the design and production of key elements of the SkyFall helicopters, including rotor systems, airframes, structures, avionics integration, and accommodation for multiple science payloads. JPL is leading the design and development of the power system, electronics, algorithms and software. The helicopters will carry a JPL‑designed ground‑penetrating radar (GPR) to look below the Martian surface, delivering new insight into shallow subsurface ice, central to both Mars science and future human exploration.
New to this mission is a new “SkyFall maneuver.” This technique releases the three helicopters directly from the carrier spacecraft into the Martian atmosphere, where they separate, deploy, descend, and land under their own power. By eliminating the need for a single-use lander stage or a host rover (as Ingenuity required with Perseverance), this approach significantly reduces the technical and financial risk of getting to the Martian surface.
JPL’s GPR instruments carried by the helicopters are designed to map subsurface ice at fine spatial resolution, enabling more precise assessment of where water ice is located and implications for science and future human exploration. In addition, each aircraft will host instruments that will provide data on the Martian atmosphere, dust particle transport, and other key environmental processes.
"Just like here on Earth, Mars helicopters can cover distance quickly and can go places that might be impossible to reach by ground,” said Will Pomerantz, Head of Space Ventures at AV. “The three SkyFall helicopters are going to show us parts of Mars we’ve never seen before and return mountains of data for scientists to pour over. The science community may guide these helicopters to places where the ground penetrating radar can map out the precise location of ice below the Martian surface.”
NASA currently plans a launch window in November 2028, followed by a cruise to Mars, with arrival timing tuned to local time, dust conditions, and power needs.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260827821137/en/
AeroVironment plánuje investovat 100 milionů USD do nového kampusu v Moorparku v Kalifornii, který sjednotí pět pronajatých lokalit. Akcie v pondělí klesly o 6,70 %.
AeroVironment Inc. (NASDAQ:AVAV) shares are dipping Monday after the company announced plans for a $100 million investment in a new, company-owned campus in Moorpark, California. Here’s what you should know.
AeroVironment shares are retreating from recent levels. Why are AVAV shares down? AeroVironment to Consolidate California Operations Into New CampusAeroVironment said it plans to build a unified campus on roughly 20 acres in Moorpark, bringing together teams and capabilities currently spread across five leased Southern California locations. The company said consolidating those sites into one location would strengthen collaboration across research, engineering, design, prototyping and production.
CEO Wahid Nawabi pointed to the investment as proof that California remains central to AeroVironment’s identity more than 50 years after its founding there. He described the new campus as one designed from the ground up around how employees actually get their work done, with an emphasis on adaptable spaces that let people concentrate, collaborate on technical problems and scale up as the business grows, all while the company channels fresh money into its labs, production lines and workforce.
Chief Operating Officer Rob Smith tied the project to speed, saying the real payoff is how much faster ideas can turn into finished systems delivered to military end users, along with the added capability that comes from that acceleration. He said pulling everything under one roof eliminates the drag that comes from juggling several separate sites, replacing it with a single setting built to move quickly, foster teamwork and scale.
New Campus Adds to AeroVironment’s National Manufacturing FootprintBeyond its impact on California operations, AeroVironment framed the campus as part of a larger manufacturing strategy. The company said the Moorpark investment builds on its broader national manufacturing network, adding resilience to help meet growing demand from U.S. and allied government customers.
Renovation and construction work is expected to begin in fiscal 2028, with employees transitioning to the new campus in phases and the site expected to be fully operational in 2029.
AeroVironment’s Chart Remains Stuck in a DowntrendThe campus news lands on a stock that was already struggling technically before today’s decline. Shares are trading well beneath every major trend line that matters, running 12.3% below the 20-day average, 7.2% below the 50-day average, 13.5% below the 100-day average and 32.1% below the 200-day average. The 20-day average sitting above the 50-day average offers a small near-term positive, but a death cross from March, when the 50-day average dropped below the 200-day, keeps any bounce looking like a counter-trend move rather than a genuine reversal until proven otherwise.
Momentum readings aren’t offering much encouragement either. The MACD line sits below its signal line with a negative histogram, a combination that typically means sellers have the upper hand unless the stock can quickly climb back above its key averages.
The stock’s positioning within its own 52-week range tells a similar story. Shares sit much closer to their 52-week low of $135.20 than their 52-week high of $417.86, which is why traders are focused more on where support might hold rather than where the stock could rally to next. The most recent swing low came in June, and the question now is whether the current slide pushes the stock back down to retest that level.
Resistance sits at $162.50, close to the 50-day average around $161, an area where past rallies have lost steam. Support sits at $140.50, near the lower end of the stock’s 52-week range, a zone where buyers have stepped in before.
AVAV Shares Are FallingAVAV Price Action: AeroVironment shares were down 6.70% at $149.49 at the time of publication on Monday, according to Benzinga Pro.
BlackRock Inc. purchased a new stake in shares of AeroVironment, Inc. (NASDAQ:AVAV – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,480,740 shares of the aerospace company’s stock, valued at approximately $574,566,000. BlackRock Inc. owned approximately 6.88% of AeroVironment at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of AVAV. Norges Bank acquired a new position in AeroVironment during the fourth quarter worth $94,655,000. Swedbank AB raised its holdings in AeroVironment by 22,773.4% during the fourth quarter. Swedbank AB now owns 261,214 shares of the aerospace company’s stock valued at $63,185,000 after buying an additional 260,072 shares in the last quarter. Marshall Wace LLP raised its holdings in AeroVironment by 4,770.1% during the fourth quarter. Marshall Wace LLP now owns 260,207 shares of the aerospace company’s stock valued at $62,941,000 after buying an additional 254,864 shares in the last quarter. Heard Capital LLC lifted its position in shares of AeroVironment by 48.4% in the fourth quarter. Heard Capital LLC now owns 722,150 shares of the aerospace company’s stock worth $174,681,000 after buying an additional 235,685 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of AeroVironment by 3,880.9% in the third quarter. Franklin Resources Inc. now owns 206,607 shares of the aerospace company’s stock worth $65,058,000 after buying an additional 201,417 shares during the last quarter. Institutional investors and hedge funds own 86.38% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts have recently commented on AVAV shares. Citizens Jmp lowered their price objective on AeroVironment from $350.00 to $230.00 and set a “market outperform” rating on the stock in a report on Friday, July 10th. KeyCorp restated an “overweight” rating on shares of AeroVironment in a report on Tuesday, July 28th. Citigroup reaffirmed a “market outperform” rating on shares of AeroVironment in a research report on Tuesday, July 28th. Jefferies Financial Group decreased their target price on AeroVironment from $305.00 to $229.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Finally, Wolfe Research downgraded AeroVironment to a “buy” rating in a report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $266.68.
View Our Latest Stock Analysis on AeroVironment Insider Activity at AeroVironment In other AeroVironment news, Director Stephen F. Page sold 250 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $191.98, for a total value of $47,995.00. Following the sale, the director owned 48,503 shares of the company’s stock, valued at $9,311,605.94. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Charles Shackley sold 205 shares of AeroVironment stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $201.86, for a total value of $41,381.30. Following the completion of the transaction, the chief accounting officer directly owned 7,888 shares in the company, valued at approximately $1,592,271.68. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 705 shares of company stock valued at $132,979. 0.79% of the stock is owned by corporate insiders.
Key Headlines Impacting AeroVironment Here are the key news stories impacting AeroVironment this week:
Positive Sentiment: New U.S. drone tariffs could benefit AVAV. President Trump’s August 13 proclamation imposes broad tariffs on foreign drone imports, potentially steering demand toward U.S. manufacturers such as AeroVironment and supporting domestic pricing, production and market share. Trump’s New Drone Tariffs Give AeroVironment, Kratos and Red Cat a Policy Tailwind Positive Sentiment: Greek joint venture expands AeroVironment’s European footprint. AV Eagle, formed with Eyeonix SA, will establish localized production and technology capabilities in Greece after receiving foreign-investment approval. The venture could improve access to European defense programs, strengthen supply-chain resilience and position AVAV to participate in the region’s growing counter-drone market. AeroVironment to Establish Industrial Presence in Greece Through AV Eagle Positive Sentiment: Propulsion investments support longer-term growth. AeroVironment is expanding electric, hybrid and unmanned-aircraft propulsion capabilities, potentially broadening its addressable markets beyond current defense platforms. Clear Street also initiated coverage with a Buy rating, adding to generally favorable analyst sentiment. Can AeroVironment’s Propulsion Capabilities Support Future Growth? Neutral Sentiment: Recent operating momentum remains strong, but valuation is demanding. The latest reported quarter included $641.6 million in revenue, up 133.3% year over year, and EPS of $1.84 versus a $1.47 consensus estimate. However, AVAV remains unprofitable on a trailing basis, trades below its 200-day moving average and carries a high PEG ratio, leaving the stock sensitive to execution and future-growth expectations. Negative Sentiment: Shareholder-law-firm investigations add headline risk. Berger Montague and Grabar Law Office are investigating whether AeroVironment’s board properly disclosed potential competition for U.S. Space Force SCAR program work. The claims are allegations, but any litigation, disclosure findings or related costs could pressure investor confidence. Berger Montague investigates AeroVironment’s board Negative Sentiment: A director’s stock sale is a minor cautionary signal. Director Stephen Page sold 250 shares worth approximately $48,000 under a pre-arranged Rule 10b5-1 plan. Because the sale was small relative to his remaining holdings and scheduled in advance, its direct impact is likely limited. AeroVironment Price Performance AVAV stock opened at $160.22 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59. AeroVironment, Inc. has a 52-week low of $135.20 and a 52-week high of $417.86. The company has a 50-day moving average of $161.80 and a two-hundred day moving average of $190.00. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of -43.54, a price-to-earnings-growth ratio of 5.45 and a beta of 1.41.
AeroVironment (NASDAQ:AVAV – Get Free Report) last issued its quarterly earnings results on Monday, June 29th. The aerospace company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.37. The company had revenue of $641.62 million for the quarter, compared to the consensus estimate of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The firm’s revenue was up 133.3% compared to the same quarter last year. During the same period last year, the business posted $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. As a group, equities research analysts anticipate that AeroVironment, Inc. will post 3.26 EPS for the current year.
AeroVironment Profile (Free Report)
AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.
The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.
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AeroVironment založí v Řecku společný podnik AV Eagle s Eyeonix SA po schválení přímých zahraničních investic. Podnik má být provozuschopný ve fiskálním roce 2027 a rozšířit výrobu obranných systémů pro evropský trh do roku 2028.
Joint venture with Eyeonix SA will create a foundation for local production capabilities in support of Greek, European, and U.S. defense priorities.
ATHENS, Greece--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in all-domain defense technologies, today announced it will establish an industrial presence in Greece through AV Eagle, a joint-venture with Athens-based Eyeonix SA, following the completion of a definitive shareholders agreement and securing Foreign Direct Investment approval from the Hellenic Republic Ministry of Foreign Affairs.
The joint venture builds on more than a decade of cooperation between AV and Eyeonix and is intended to expand AV’s ability to pursue defense opportunities in Greece and across the broader European market.
Share The joint venture builds on more than a decade of cooperation between AV and Eyeonix and is intended to expand AV’s ability to pursue defense opportunities in Greece and across the broader European market. AV Eagle is expected to become operational in fiscal year 2027 and provide a platform for future investing, localization and production as requirements and customer opportunities mature.
“The security environment in Europe has created unprecedented demand for advanced, reliable autonomous systems,” said Wahid Nawabi, Chairman, President and Chief Executive Officer at AV. “This joint venture is about more than delivering technology—it’s about building long-term capacity with Greece and our NATO allies and partners, creating opportunities for local industry, and scaling manufacturing to meet urgent operational needs.”
Expected activities with this joint venture include potentially establishing a new facility in Greece to manufacture and assemble unmanned aerial systems, loitering munition systems, and counter-unmanned aircraft systems (C-UAS) for defense and civil protection customers in Greece and the broader European market. Production capabilities are expected to be operational by 2028, with employment opportunities expected to grow as production opportunities mature.
AV Eagle will collaborate with local industry and the Hellenic Center for Defence Innovation to accelerate fielding timelines, strengthen allied readiness and reinforce supply chain resilience.
“At a time of increasing geopolitical complexity—particularly along EU’s Eastern Flank—the need for interoperable, scalable, and sovereign unmanned and counter-UAS capabilities has never been more critical,” said George K. Strouzakis, Chief Executive Officer of Eyeonix SA. “Together with AV, we are advancing a new model of European defense industrial cooperation—one that supports modernization, aligns with evolving EU defense doctrines, and leverages emerging financing instruments to accelerate capability deployment. By combining proven U.S. technologies with European innovation and integration expertise, we are strengthening resilience, enhancing operational readiness, and contributing to a more unified and capable European defense posture.”
AV will hold a majority ownership interest in AV Eagle and the joint venture will be consolidated within AV’s financials statements. AV’s initial capital investment in the joint venture was included in the company’s previously provided financial guidance.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
AeroVironment má objednávkový backlog ve výši 1,2 miliardy USD a těží z rostoucí poptávky po dronech a protidronových systémech. Analytici čekají až 50% růst ceny akcií.
The war in Ukraine taught the U.S. Army many lessons, including the value of drone technology, and AeroVironment NASDAQ: AVAV is well-positioned to benefit.
While enemies struggle to get materiel in place, AVAV's drones are in the sky, hunting them down in real time and providing actionable intelligence and the resulting action, as evidenced by the term Loitering Munitions System (LMS).
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The critical benefit of this technology is that the men and women operating it stay far from danger while reaching military objectives.
AeroVironment Today
$172.27 -1.87 (-1.07%)
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$135.20▼
$417.86$266.68
The key takeaway for investors is that AeroVironment is emerging from a transitional year and is poised for sustained strength in the coming years.
The company has a solid portfolio of defense franchises, a massive backlog, and government protections that benefit the entire industry.
With $1.2 billion in funded backlog, AeroVironment only needs to execute on its orders to outperform its guidance, and the guidance is robust.
Backed by recent acquisitions, including BlueHalo, the company has transitioned into a comprehensive defense contractor focused on autonomous systems, space, cyber, and directed energy.
AeroVironment Has Numerous Catalysts in 2026Directed energy is a catalyst for drone stocks this year, as it is central to counter-drone technology. The concept is simple: drone systems detect and locate incoming attacks, then neutralize them with directed-energy pulses and lasers. AeroVironment’s contributions include its LOCUST Laser Weapon System and Halo-Shield. LOCUST is a ground-based device that detects and neutralizes incoming drones; Halo-Shield is a highly effective, grid-based counter-drone system that can be deployed across domains, including land and sea, and incorporates features such as unmanned aircraft and LOCUST counter-drone technology.
Another catalyst for AVAV is a new partnership with Applied Intuition. Applied Intuition's technology enables AeroVironment’s Mayhem 10 aircraft to operate as a swarm, controlled by a single operator. The setup supports numerous configurations, including hunter-killer scenarios in which a surveillance-equipped drone is paired with an LMS. In this setup, operators can find and eliminate targets in real time, doing jobs once handled by teams of pilots in multimillion-dollar helicopters. AVAV drones cost just thousands at the low end and well below $1 million at the high end, creating an obvious cost differential that cannot be ignored.
AeroVironment Analysts and Institutions Signal Upside PotentialAnalyst activity since AeroVironment’s earnings release and guidance update for its fiscal Q4 has been lackluster, as they had expected the report to be strong.
However, as tepid as the several price target reductions appear, they were offset by more reaffirmed ratings, and the general sentiment underscores the opportunity. More importantly, the activity strengthened AVAV’s price floor, with the low end unchanged at $166, aligning with the critical support target. With consensus forecasting a 50% upside, the only thing lacking for this market to complete its reversal is a solid catalyst, and one of those, if not more, is rolling down the pipe.
Analysts at Piper Sandler found signals in commentary from an industry event this summer. In their view, those signals point to active negotiations for AeroVironment’s LOCUST systems that may result in an order. They estimate the deal at about $500 million, a significant win for the company.
Institutional activity is another signal highlighting AVAV’s opportunity. Institutions show strong confidence in AVAV's outlook, owning more than 85% of the stock and accumulating aggressively. MarketBeat data shows buying outpacing selling by more than $2 to $1 over the trailing 12 months, with activity ramping in 2026. Early Q3 activity is particularly robust, with institutions setting an all-time high for buying—half the quarter still to go and virtually no selling.
AeroVironment Stock Nears a Key Technical Reversal LevelWith this in place, investors can assume AVAV shares have a solid floor near $140, will likely be bought on dips, produce rebounds when support targets are reached, and complete their technical reversal in time. The critical resistance level is the top of the recent trading range, near $200 on the weekly chart, and a likely trigger for capital inflow if it breaks.
AVAV’s biggest risks include margin pressures and lawsuits linked to the lost SCAR contract. Margins were weaker than expected due to increased R&D, an expense that has been paying off in many ways. The lost SCAR contract isn’t an operational challenge anymore, but it is a problem for early investors.
The company faces class-action lawsuits alleging false statements that will impact cash flow with legal fees and bad PR for the foreseeable future. The impairment to the balance sheet is also substantial, though non-cash. Given time, the company will recover—and that recovery is already underway. The balance sheet provides little cause for worry, although the impact of acquisitions is clearly visible.
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Drone stocks rallied on Friday after President Donald Trump announced import tariffs in an effort to boost U.S. manufacturing and protect national security.
Unusual Machines popped 15%, while Red Cat rallied about 7%. Aerovironment and Kratos also climbed.
"U.S. drone production needs to be expanded rapidly to ensure U.S. national and economic security," the White House wrote in a release, adding that outsourcing parts poses major security and cybersecurity concerns.
The White House said the tariffs will create new jobs, while protecting U.S. national security and the defense industrial base.
The directive subjects large drones with "sensitive" military capabilities like thermal imaging to a 100% tariff and smaller drones lacking capabilities to a 25% levy. Trump slapped a 15% tariff on drones and parts from the European Union, Japan, Liechtenstein, the Republic of Korea, Switzerland, and Taiwan, and 10% on those from the U.K.
Unusual Machines, which makes drones and drone components, added the president's son, Donald Trump Jr., to its advisory board in November 2024. Trump Jr. held 331,580 shares in the company as of Nov. 27, 2024.
Read more CNBC tech newsAnthropic CFO Krishna Rao is leading early IPO meetings with investors and has not discussed valuation, sources sayAn inside look at SK Hynix $720 billion AI-fueled buildout that's taking over South KoreaDatabricks wraps $5 billion funding round at $190 billion valuationMeta and Nvidia plant 'very firm flag' in open-weight AI race led by Chinese LabsThe U.S. is seeking to scale drone production on U.S. soil and reduce its reliance on outsourcing parts, especially from China, which has long dominated the drone market.
The efforts come as part of Trump's broader plans to reindustrialize the U.S. military and scale defense capabilities.
Earlier this year, the Trump administration launched the more than $1 billion drone dominance program aimed at scaling U.S. manufacturing of small, low-cost drones. The second stage of that project is slated to begin this month.
Geopolitical risks abroad and the war in Iran have highlighted the need for lower-cost weapons to combat. For 2027, the Trump administration is asking for a record $1.5 trillion defense budget. As part of that budget, the Department of Defense is looking for a historic $75 billion for drones.
The tariffs will go into effect within 21 days. For drones and parts that are not "particularly sensitive," the duties will happen in 180 days. The order also allows the Department of Commerce to launch an onshoring program to help companies looking to invest in drones in the U.S.
In the latest trading session, AeroVironment (AVAV - Free Report) closed at $150.35, marking a +1.01% move from the previous day. This change outpaced the S&P 500's 0.14% loss on the day. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, lost 0.57%.
The stock of maker of unmanned aircrafts has fallen by 0.16% in the past month, leading the Aerospace sector's loss of 5.8% and undershooting the S&P 500's gain of 0.25%.
Market participants will be closely following the financial results of AeroVironment in its upcoming release. The company's upcoming EPS is projected at $0.34, signifying a 6.25% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $474.57 million, up 4.38% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.26 per share and revenue of $2.17 billion, indicating changes of -1.51% and +9.78%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AeroVironment. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 19.7% lower. Right now, AeroVironment possesses a Zacks Rank of #3 (Hold).
Digging into valuation, AeroVironment currently has a Forward P/E ratio of 45.66. Its industry sports an average Forward P/E of 37.24, so one might conclude that AeroVironment is trading at a premium comparatively.
It's also important to note that AVAV currently trades at a PEG ratio of 5.06. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Aerospace - Defense Equipment stocks are, on average, holding a PEG ratio of 2.3 based on yesterday's closing prices.
The Aerospace - Defense Equipment industry is part of the Aerospace sector. With its current Zacks Industry Rank of 86, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AVAV in the coming trading sessions, be sure to utilize Zacks.com.
Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a jeho růstu výnosů. Žaloba se týká nákupů akcií mezi 25. červnem 2025 a 10. březnem 2026.
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC (“BlueHalo”), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The BADGER would be a bespoke product designed for the United States (“U.S.”) Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as “aging and difficult to maintain.” The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and (iii) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.”
On this news, AeroVironment’s stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, “We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR.”
On this news, AeroVironment’s stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program.
On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
AeroVironment získal kontrakt americké armády za 117,3 milionu USD na 82 autonomních systémů P550. Akcie jsou letos níže o více než 40 % navzdory silné poptávce po dronech.
Modern infantry doctrine is undergoing a rapid, radical rewrite in front of investors. If investors watch how global conflicts are playing out today, they see a clear departure from heavy, slow-moving legacy armor. The physical economy of defense is heavily shifting toward agile, autonomous platforms. Militaries across the globe are realizing that expensive tanks and traditional ground vehicles are highly vulnerable to cheap, precision-guided munitions. This realization is forcing defense departments to rethink how they allocate their capital, prioritizing systems that provide asymmetric advantages on the battlefield.
For investors keeping a close eye on defense spending, this structural pivot opens a unique window. Defense budgets are actively shifting capital away from traditional heavy machinery and toward autonomous robotics and advanced loitering munitions. Investors are witnessing a generational recapitalization, where software and adaptable hardware are replacing heavy steel. Understanding this macroeconomic backdrop is critical because it dictates where government funding will flow for the next decade.
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$148.98 +6.38 (+4.47%)
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52-Week Range$135.20▼
$417.86Price Target$266.68
The United States military is not ignoring this global shift. The Pentagon's Replicator initiative encapsulates this transformation, mandating the rapid deployment of thousands of attritable, uncrewed systems designed to swarm and overwhelm adversaries in contested environments. The mandate is clear, and the defense department is seeking commercial partners capable of delivering reliable technology at an unprecedented scale.
Right at the intersection of this capital rotation sits AeroVironment NASDAQ: AVAV, a defense pure-play specializing in tactical uncrewed aerial systems. While prime contractors build billion-dollar fighter jets, AeroVironment builds the tactical, autonomous tools that are actually deployed by the modern infantry battalion on a daily basis. The market has heavily discounted AeroVironment this year, but underlying fundamentals and recent contract wins suggest a severe mispricing. When a structural shift in the physical economy meets a heavily misunderstood asset, investor analysts pay attention.
Tactical Upgrades: The MOSA Moat and Recurring RevenueOn July 20, 2026, AeroVironment secured a definitive $117.3 million Basic Ordering Agreement under the U.S. Army's Long Range Reconnaissance program. This initial full-rate procurement order covers 82 P550 autonomous Group 2 eVTOL electric vertical take-off and landing systems.
While a nine-figure contract provides excellent revenue visibility, the real value lies in the technology the Army just validated. The P550 architecture relies heavily on a modular open systems approach, widely known as MOSA in the defense sector. In simple terms, MOSA allows military operators in the field to hot-swap payloads, batteries, and sensors in under five minutes without specialized tools. Imagine operating a platform that lets you switch from a reconnaissance camera to an electronic warfare jammer right in the middle of a tactical operation.
This level of adaptability creates a significant economic moat for AeroVironment. When the military adopts a MOSA-compliant system, it locks in a long-term relationship with the manufacturer. Upgrades happen via new payloads rather than entirely new airframes, ensuring high-margin, recurring revenue streams for AeroVironment over the lifecycle of the P550 fleet.
The financial data backs up this aggressive expansion. In fiscal Q4 2026, AeroVironment delivered an impressive 133.3% year-over-year revenue expansion, printing $642 million on the top line. More importantly, AeroVironment maintained a healthy 19% EBITDA margin during that high-growth phase. AeroVironment currently has a funded government backlog of $1.2 to $2.7 billion. The demand for these systems is not theoretical; it is already contracted and awaiting delivery.
Turbulence and Tailwinds: Accumulation in the Drop ZoneIf AeroVironment is growing revenue by triple digits and securing major Army contracts, investors might wonder why the stock is down over 40% year-to-date, trading near $142 after opening the year above $241.
AeroVironment, Inc. (AVAV) Price Chart for Tuesday, July, 21, 2026
The aggressive drawdown stems from a localized regulatory headwind. In early 2026, the U.S. Space Force reopened the $1.7 billion Satellite Communication Augmentation Resource program, commonly known as SCAR, creating uncertainty around AeroVironment’s expected sole-source position on the program. Predictably, this sparked analyst downgrades regarding the 2030 long-term financial targets and triggered a wave of procedural class-action lawsuits ahead of a July 27 lead plaintiff deadline.
Markets hate uncertainty, and algorithmic trading models aggressively sold the news. However, this legal and procedural noise masks the fundamental strength of the core tactical drone business. The loss of single-vendor status on one space program does not negate the overwhelming demand for AeroVironment's ground-based and aerial tactical systems.
Wall Street analysts are beginning to spot the discrepancy between the stock price and the underlying business fundamentals. On July 16, Raymond James upgraded AeroVironment from Market Perform to Outperform, setting a $210 price target. The firm cited the accelerating defense backlog and a highly favorable risk-to-reward profile following the severe year-to-date pricing compression.
Institutions are quietly using the current weakness to accumulate shares. Recent filings show total shares owned by institutional investors increased by nearly 30% over the last quarter. When asset managers increase their positions by that magnitude during a 40% drawdown, it signals quiet, calculated accumulation. Options chain data currently reveals a decisively bullish put-to-call ratio of 0.60, indicating that derivatives traders are heavily positioning for an upside reversal rather than further downside.
Positioning for the Tactical Tech BoomThe broader unmanned aerial systems sector features incredibly varied risk profiles. Pure-play competitors like Red Cat Holdings NASDAQ: RCAT trade on extreme top-line momentum, generating 849% year-over-year revenue growth, but they operate with deeply negative free cash flow and low gross margins.
Others, like Kratos Defense & Security Solutions NASDAQ: KTOS, offer high-beta exposure driven by target drones and attritable jet systems. Meanwhile, traditional prime contractors like Northrop Grumman NYSE: NOC offer stability and a dividend yield, but lack the explosive growth potential of a smaller, agile tech firm.
AeroVironment occupies a unique middle ground. AeroVironment is scaling rapidly but still experiencing growing pains. Trailing net margins sit at -9%, reflecting the heavy capital expenditures required to expand manufacturing capacity to meet its multibillion-dollar backlog. AeroVironment must successfully transition from aggregating government contracts to delivering durable, bottom-line profitability.
The $117.3 million Army contract proves that the Department of Defense views AeroVironment as a premier supplier capable of meeting modern warfare demands. As global military budgets pivot away from legacy armor toward intelligent, scalable drone technologies, companies with verified government backlogs are positioned to capture significant market share. Investors with a higher risk tolerance might consider adding AeroVironment to their watchlist as the enterprise continues to convert its impressive backlog into realized revenue.
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Amova Asset Management Americas Inc. lifted its position in AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 10.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 221,095 shares of the aerospace company’s stock after buying an additional 21,271 shares during the period. Amova Asset Management Americas Inc. owned approximately 0.44% of AeroVironment worth $40,469,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of AVAV. Geode Capital Management LLC increased its position in shares of AeroVironment by 8.8% during the fourth quarter. Geode Capital Management LLC now owns 884,395 shares of the aerospace company’s stock worth $213,956,000 after purchasing an additional 71,903 shares in the last quarter. Heard Capital LLC increased its position in AeroVironment by 48.4% during the 4th quarter. Heard Capital LLC now owns 722,150 shares of the aerospace company’s stock valued at $174,681,000 after buying an additional 235,685 shares in the last quarter. Ameriprise Financial Inc. raised its stake in AeroVironment by 17.2% in the second quarter. Ameriprise Financial Inc. now owns 504,270 shares of the aerospace company’s stock valued at $143,692,000 after buying an additional 73,963 shares during the last quarter. Stephens Investment Management Group LLC raised its stake in AeroVironment by 18.8% in the first quarter. Stephens Investment Management Group LLC now owns 490,426 shares of the aerospace company’s stock valued at $89,772,000 after buying an additional 77,619 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in AeroVironment by 7.4% in the second quarter. Alliancebernstein L.P. now owns 477,055 shares of the aerospace company’s stock worth $135,937,000 after acquiring an additional 32,721 shares in the last quarter. Institutional investors own 86.38% of the company’s stock.
Insider Buying and Selling In other AeroVironment news, Director Stephen F. Page sold 250 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $174.41, for a total transaction of $43,602.50. Following the sale, the director directly owned 49,001 shares of the company’s stock, valued at approximately $8,546,264.41. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.81% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts have recently weighed in on AVAV shares. Wall Street Zen upgraded AeroVironment from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of AeroVironment in a research note on Monday, June 8th. Piper Sandler dropped their target price on shares of AeroVironment from $248.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Clear Str upgraded shares of AeroVironment to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus decreased their price target on shares of AeroVironment from $315.00 to $220.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $266.68.
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More AeroVironment News Here are the key news stories impacting AeroVironment this week:
Positive Sentiment: AeroVironment won a $117.3 million U.S. Army contract for 82 P550 reconnaissance drones, boosting revenue visibility and validating its autonomous systems business. AV Awarded $117.3 Million U.S. Army Production Contract for P550™ Positive Sentiment: Investor interest in drone stocks remains strong, with sector rotation and short positioning potentially amplifying upside sentiment for AVAV. ONDS, AVAV, RCAT, RDW Rise Premarket: Investors Pour $10.7B Into Drone Stocks – S3 Sees ‘More Fireworks’ Ahead Positive Sentiment: Recent reports point to additional international wins, including Italy’s JUMP 20 military designation and German contract activity, supporting the bull case for AeroVironment’s NATO adoption. AeroVironment (AVAV) Wins Italian JUMP 20 Designation And German Drone Contracts Neutral Sentiment: Multiple law firms issued reminders about a July 27 lead-plaintiff deadline in securities class action cases tied to AVAV, keeping legal overhang in focus but not changing the underlying business fundamentals. AVAV Shareholder Alert: July 27, 2026 Lead Plaintiff Deadline in AeroVironment, Inc. Securities Class Action Negative Sentiment: The class-action lawsuits center on alleged misrepresentations about competitive risks in AeroVironment’s SCAR program and single-vendor contract vulnerability, which may continue to weigh on sentiment. JULY 27, 2026 DEADLINE ALERT: AeroVironment, Inc. (AVAV) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit AeroVironment Trading Up 0.3% Shares of NASDAQ:AVAV opened at $142.60 on Tuesday. The company has a quick ratio of 3.59, a current ratio of 4.30 and a debt-to-equity ratio of 0.17. AeroVironment, Inc. has a 52-week low of $135.20 and a 52-week high of $417.86. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of -38.75, a PEG ratio of 4.84 and a beta of 1.39. The business has a 50-day moving average price of $167.69 and a 200-day moving average price of $215.88.
AeroVironment (NASDAQ:AVAV – Get Free Report) last issued its earnings results on Monday, June 29th. The aerospace company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.37. The firm had revenue of $641.62 million for the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.AeroVironment’s revenue for the quarter was up 133.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.61 earnings per share. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. Equities analysts predict that AeroVironment, Inc. will post 3.26 EPS for the current year.
AeroVironment Profile (Free Report)
AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.
The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.
See Also Five stocks we like better than AeroVironment The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAV – Free Report).
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BLB&G podala na AeroVironment hromadnou žalobu kvůli údajným nepravdivým tvrzením o kontraktu SCAR s americkým ministerstvem obrany. Firma později oznámila příkaz k zastavení prací, záměr smlouvu ukončit a odpis goodwillu ve výši 151,3 milionu USD.
NEW YORK--(BUSINESS WIRE)--Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action in the U.S. District Court for the District of Delaware alleging violations of the federal securities laws by AeroVironment, Inc. (“AeroVironment” or the “Company”) and certain of the Company’s current senior executives (collectively, “Defendants”). The action is brought on behalf of all investors who purchased or otherwise acquired AeroVironment common stock beginning at 4:30 PM ET on June 24, 2025, through June 18, 2026, inclusive (the “Class Period”). This case is related to a previously filed securities class action pending against AeroVironment captioned Norrell v. AeroVironment, Inc., No. 1:26-cv-1429 (E.D. Va. filed May 26, 2026) (“Norrell”).
BLB&G filed this action on behalf of its client, City Pension Fund for Firefighters and Police Officers in the City of Miami Beach, and the case is captioned City Pension Fund for Firefighters and Police Officers in the City of Miami Beach v. AeroVironment, Inc., No. 26-cv-00875 (D. Del.). The complaint is based on an extensive investigation and a careful evaluation of the merits of this case. A copy of the complaint is available on BLB&G’s website by clicking here.
AeroVironment’s Alleged Fraud
AeroVironment is a defense technology provider across air, land, sea, space, and cyber. Shortly before the Class Period, AeroVironment acquired BlueHalo, LLC (“BlueHalo”), another defense technology company with a leading role in the U.S. Department of Defense’s (“DoD”) Satellite Communications Augmentation Resource (“SCAR”) program. Through SCAR, BlueHalo had been awarded a contract valued at approximately $1.7 billion to develop military satellite command and control stations known as Broad Area Deployable Ground Terminal Enabling Resilient Communications (“BADGERs”).
The claims against AeroVironment and certain of its executives arise from misrepresentations relating to the SCAR contract. Throughout the Class Period, Defendants repeatedly touted the SCAR program as central to AeroVironment’s growth prospects. Defendants told investors that the Company had “won” the SCAR contract, that it was “locked in,” that the customer was “asking for more,” and that the Company was “very much on track” to ramp revenue and improve margins as more BADGER systems moved into production. In truth, AeroVironment’s agreement with the U.S. DoD to produce BADGERs for the SCAR program was not secure, as AeroVironment was facing a significant threat of competition from other vendors for the work it was performing under that agreement, and there was a material risk that the Company would not continue to deliver products for the SCAR program, or would do so only on a significantly reduced basis.
The truth began to emerge on January 20, 2026, when AeroVironment announced that the U.S. Government had issued a stop work order on the SCAR contract. As a result of this disclosure, the price of AeroVironment common stock declined by $61.97 per share, or 16%. Then, on March 2, 2026, industry publication Space News reported that the U.S. DoD was reopening the SCAR program and soliciting proposals from vendors other than AeroVironment because the Space Force was “reassessing how to move forward.” That news caused the price of AeroVironment common stock to decline by $43.93 per share, or 17%.
On March 10, 2026, AeroVironment revealed that the U.S. Government intended to terminate the SCAR agreement, while allowing AeroVironment to compete for future work under the program. The Company also reported a $151.3 million goodwill impairment charge in the Space reporting unit triggered by the SCAR stop work order. These disclosures caused the price of AeroVironment common stock to decline by $13.84 per share, or 6%. Then, on June 22, 2026, AeroVironment disclosed that its previously issued financial statements should no longer be relied upon because the Company had understated the goodwill impairment charge by $89.4 million, or 59%. AeroVironment further disclosed that the restatement resulted from a newly identified material weakness in internal control over financial reporting and that its disclosure controls and procedures as of January 31, 2026, were ineffective. As a result of these disclosures, the price of AeroVironment common stock declined by $18.28 per share, or 11%.
The filing of this action does not alter the previously established deadline to seek appointment as Lead Plaintiff. Pursuant to the May 27, 2026, notice published in connection with the Norrell action, under the Private Securities Litigation Reform Act of 1995, investors who purchased AeroVironment common stock during the Class Period may, no later than July 27, 2026, seek to be appointed as Lead Plaintiff for the Class. Any member of the proposed Class may seek to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Scott R. Foglietta of BLB&G at 212-554-1903, or via e-mail at [email protected].
About BLB&G
BLB&G is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has built an international reputation for excellence and integrity and pioneered the use of the litigation process to achieve precedent-setting governance reforms. Unique among its peers, BLB&G has obtained several of the largest and most significant securities recoveries in history, recovering over $40 billion on behalf of defrauded investors. More information about the firm can be found online at www.blbglaw.com.
AeroVironment čelí hromadné investorské žalobě kvůli údajným zavádějícím tvrzením kolem programu SCAR a jeho vyhlídek. Firma po stop-work order a zrušení kontraktu vykázala ve 3. fiskálním čtvrtletí provozní ztrátu 179,0 mil. USD.
LOS ANGELES, July 14, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AeroVironment, Inc., (“AeroVironment” or the "Company") (NASDAQ: AVAV) investors of a class action on behalf of investors that bought securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”). AeroVironment investors have until July 27, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/aerovironment-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment’s business and financial prospects.
The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.” On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.
Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: “We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR,” the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.
Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment’s space division after the stop work order on AeroVironment’s BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
AeroVironment získal od italské Directorate of Aeronautical Armaments and Airworthiness (DAAA) označení MQ-31A pro systém JUMP 20, který nyní Itálie uznává za oficiální vojenskou schopnost. To navazuje na dubnovou smlouvu na dodávku těchto dronů italské armádě.
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced that it has received an MQ-31A military designation from Italy’s Directorate of Aeronautical Armaments and Airworthiness (DAAA) to deliver the JUMP® 20 unmanned aircraft system (UAS) to the Italian Army.
The MQ‑31A designation confirms that the Italian Ministry of Defence now recognizes JUMP 20 as an official military capability.
ShareThe MQ-31A designation confirms that the Italian Ministry of Defence now recognizes JUMP 20 as an official military capability.
“This designation validates that JUMP 20 meets the standards of a modern European military and underscores the system’s ability to deliver actionable intelligence and persistent overwatch in highly contested environments,” said Shane Hastings, Vice President and General Manager, Medium Unmanned Aircraft Systems at AV. “It also signals that Italy is treating JUMP 20 as an integrated element of its formal military inventory, rather than a limited trial or off-the-shelf experiment.”
The MQ-31A designation is the next step following AV’s April 2025 contract to deliver JUMP 20 VTOL aircraft systems, sustainment, engineering, and support, replacing Italy’s legacy unmanned ISR fleet while enhancing NATO interoperability, expeditionary operations, and operational readiness.
The JUMP 20 was selected over multiple bidders through a competitive procurement process and continues to grow in popularity among NATO forces in Europe.
“Across Europe, JUMP 20 continues to gain traction with allied forces, including Italy, Denmark, Lithuania, and the Czech Republic, reinforcing its position as a trusted and rapidly adopted medium UAS platform,” said Hastings.
Designed for simplicity and adaptability, JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing unmanned aircraft system with more than 13 hours of endurance and an operational range of 185 km (115 mi). Runway-independent, the system is built for rapid, safe deployment, launching and landing autonomously without the need for personnel intervention. Its rugged, easily transportable design makes it ideal for dynamic, on-the-move operations. The system offers best-in-class open system architecture, with more than 70 integrated payloads and over 500,000 flight hours in operational environments.
Engineered with a 30-pound modular payload capacity, JUMP 20 easily adapts to evolving concepts of operations (CONOPS) and multi-domain mission demands. Its modular design ensures seamless integration of next-generation sensors, communication tools and advanced autonomy, helping Italian forces maintain an edge in UAS battlefield innovation.
About AV
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.
Na AeroVironment byla podána hromadná žaloba kvůli údajným zavádějícím výrokům o programu SCAR. Firma po stop work order a zrušení kontraktu vykázala provozní ztrátu 179,0 mil. USD.
New York, New York--(Newsfile Corp. - July 11, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) on behalf of investors that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in AeroVironment and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than July 27, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On January 20, 2026, before markets opened, the Company reported in an 8-K filing with the Securities and Exchange Commission that "upon mutual agreement" of AeroVironment and the U.S. Government, "the U.S. Government issued a stop work order on the Company's Other Transaction Agreement for the delivery of BADGER phased array antenna systems to support the Satellite Communication Augmentation Resource ("SCAR") program." According to the filing, "[t]he stop work order allows for the parties to negotiate an amended agreement for the future of the SCAR program under new requirements for the program, which amendment is expected to be a firm-fixed price agreement. The Company expects to continue to deliver capabilities and products for the SCAR program."
Following this news, the price of AeroVironment stock declined $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
On March 10, 2026, after market, AeroVironment issued a press release, announcing third quarter 2026 financial results. The Company reported "operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025." According to the complaint, "[t]hese financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program." Additionally, according to the complaint "AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to 'recompete' for the SCAR program."
Following this news, the price of AeroVironment stock fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
The complaint alleges, among other things, that throughout the Class Period, "Defendants
made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times."
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
Well-Positioned to Continue Leading Innovation, Capturing Growth and Executing with Excellence.
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today hosted its 2026 Investor Day during which AV’s leadership team outlined its growth strategy and introduced new fiscal year 2030 financial targets.
“At AV, we are driving the business forward as a stronger, more resilient company than ever,” said Wahid Nawabi, Chairman, President and Chief Executive Officer at AV. “We look forward to leading product innovation, scaling our capacity to capture demand across multiple domains, and continuing to execute with excellence for the remainder of the decade. Two years ago, we outlined an ambitious set of strategic objectives designed to accelerate growth and we’ve delivered on several of these initiatives, giving us momentum for the road ahead. We will leverage AV's proven business model to commercialize new technologies across a broader global and commercial customer base. The fiscal year 2030 financial targets we provided today underscore our confidence in our ability to create long-term value for our shareholders.”
AV introduced fiscal year 2030 financial targets and expects to achieve:
$3.5 - $4.0 billion in revenue, a 15% - 20% organic CAGR, driven by market expansion and leadership 7% - 9% investment in R&D to accelerate innovation and keep AV ahead of competition 18% - 20% adjusted EBITDA margins driven by operational excellence and sustainable profitability A webcast replay and presentation used in today’s event are available on the Investor Relations section of www.avinc.com.
ABOUT AEROVIRONMENT, INC.
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance.
For more information visit: www.avinc.com.
SAFE HARBOR STATEMENT
This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as “will,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “project,” “plan,” or words or phrases with similar meaning. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from the forward-looking statements.
Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, the impact of our ability to successfully close and integrate acquisitions into our operations and avoid disruptions from acquisition transactions that will harm our business; the recording of goodwill and other intangible assets as part of acquisitions that are subject to potential impairments in the future and any realization of such impairments; any actual or threatened disruptions to our relationships with our distributors, suppliers, customers and employees, including shortages in components for our products, whether due to restrictions and sanctions imposed by foreign governments or otherwise; the ability to timely and sufficiently integrate international operations into our ongoing business and compliance programs; reliance on sales to the U.S. government, including uncertainties in classification, pricing or potentially burdensome imposed terms for certain types of government contracts; availability of U.S. government funding for defense procurement and R&D programs; our ability to win U.S. and international government R&D and procurement programs, including foreign military financing aid; changes in the timing and/or amount of government spending, including due to continuing resolutions and/or changing government priorities; adverse impacts of any U.S. government shutdown; our ability to realize the anticipated benefits of the BlueHalo transaction or other acquisitions; our ability to execute contracts for anticipated sales, perform under such contracts and other existing contracts and obtain new contracts; risks related to our international business, including compliance with export control laws; the extensive and increasing regulatory requirements governing our contracts with the U.S. government and international customers; the consequences to our financial position, business and reputation that could result from failing to comply with applicable law, regulatory requirements, and contractual obligations; unexpected technical and marketing difficulties inherent in major research and product development efforts; the impact of potential security and cyber threats or the risk of unauthorized access to and resulting misuse of our, our customers’ and/or our suppliers’ information and systems; failure to remain a market innovator, to create new market opportunities or to expand into new markets; our ability to increase production capacity to support anticipated growth; unexpected changes in significant operating expenses, including components and raw materials; failure to develop new products or integrate new technology into current products; any increase in litigation activity or unfavorable results in legal proceedings, including pending class actions, or litigation that may arise from or in conjunction with our recent acquisitions; our ability to respond and adapt to legal, regulatory and government budgetary changes; our ability to comply with the covenants in our loan documents, outstanding convertible notes or acquisition and merger agreements for acquisitions; our ability to attract and retain skilled employees, including retention of employees of acquired companies; the impact of inflation; and general economic and business conditions in the United States and elsewhere in the world; and the failure to establish and maintain effective internal control over financial reporting. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
AeroVironment v červnu ztratila více než 20 % poté, co odhalila účetní chyby ve dvou finančních výkazech a musela přepočítat výsledky. Chyby podhodnotily provozní ztrátu o 89,4 milionu USD.
In an age where drones are reshaping the modes and methods of aerial warfare, among other fields, AeroVironment (AVAV 8.02%) has been a red-hot stock recently.
In June, however, sentiment toward the next-generation defense company's stock cooled considerably, mainly due to accounting errors affecting two sets of financial statements. This had a lingering, deleterious effect on the stock, which ultimately lost more than 20% of its value over the month.
Image source: Getty Images.
A fumble with the financials That bad news hit the headlines on June 22; AeroVironment disclosed it in a regulatory filing with the Securities and Exchange Commission (SEC). It said the audit committee of its board of directors found that its 10-Q quarterly earnings statement covering the three-month and nine-month periods ending Jan. 31, 2026, contained errors and was in need of restatement.
Getting into the weeds somewhat, the company said the fault lay in the carrying value used in its goodwill impairment calculation.
In turn, this affected the company's loss from operations, which was understated by $89.4 million for both periods. Ditto for net loss, understated by slightly less (nearly $87.3 million), plus associated basic and diluted net loss per share (by $1.75 per share for the three-month period, and $1.79 per share for the longer stretch).
Finally, total assets were overstated by that $89.4 million, and liabilities by over $2.1 million. Total stockholders' equity was overstated by the same near-$87.3 million in the net loss calculation.
The same day that the announcement was made, AeroVironment published an update to its 10-Q with the requisite corrections. Although that mitigated deeper price erosion, it was an embarrassment and a setback for a business that generally had a positive reputation.
It's fortunate, then, that its earnings report for the following quarter was made public one week later. AeroVironment's stock soared yet again, which was understandable because the company managed to more than double revenue on a year-over-year basis (to almost $642 million). Net income under generally accepted accounting principles (GAAP) also blasted higher, to $63 million from $17 million.
That revenue line, and the company's non-GAAP net income of $1.84 per share, easily topped the average analyst estimates.
Today's Change
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Current Price
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162.65
The fourth quarter was the fix Without the saving grace that was that fiscal fourth-quarter earnings release, AeroVironment surely would have seen a steeper price decline. It continues to do very well as an effective operator in the drone and defense systems space, but I'd be more bullish on its future if its financial reporting efforts were similarly top-class.
Na společnost AeroVironment byla podána hromadná žaloba v souvislosti s údajným klamáním investorů ohledně kontraktu SCAR pro U.S. Space Force. Akcie po zprávě 2. března 2026 spadly o 17,42 %.
A securities fraud class action lawsuit has been filed on behalf of AeroVironment investors after its stock plummeted over 17% because AeroVironment allegedly misled investors regarding its SCAR contract to provide the U.S. Space Force with its BADGER systems.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
Key Details of the AeroVironment ($AVAV) Class Action:
Lead Plaintiff Deadline: July 27, 2026 Alleged Misconduct: Securities fraud relating to AeroVironment's contract to provide the U.S. Space Force's SCAR program with its BADGER phased array antenna systems Largest Alleged Stock Drop: March 2, 2026 – 17% Stock Drop Court: U.S. District Court for the Eastern District of Virginia Action: Contact BFA Law to discuss your rights Investors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.
Why is AeroVironment Being Sued for Securities Fraud?
In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force's SCAR program.
According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.
BFA Law is also investigating AeroVironment's June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 "require restatement and should no longer be relied upon."
Why did AeroVironment's Stock Drop?
On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.
On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and "are going to move into a new acquisition strategy for SCAR" which would "likely take the form of other companies building versions or variants of SCAR." On this news, AeroVironment's common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.
Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment's space division after the stop work order tied to the Space Force's SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.
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AeroVironment získal armádní kontrakt za 500 milionů USD na proti-dronové systémy, což podpořilo růst akcií o 4 %. Firma navíc oznámila rekordní tržby za fiskální 4. čtvrtletí 641,6 milionu USD.
AeroVironment Inc. AVAV shares rose 4% in premarket trading on Thursday after the US Department of War awarded the defense contractor a $500 million contract for counter-unmanned aerial systems.
The Simi Valley, California-based company received a firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities.
According to the Department of War, work locations and funding will be determined with each order placed under the agreement, which is expected to run through June 29, 2029.
Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity for the agreement, which carries contract number W912CH-26-D-A073.
The contract announcement added to investor optimism following AeroVironment's strong fiscal fourth-quarter earnings report earlier this week.
The company specializes in unmanned aircraft systems and tactical missile systems for military and commercial applications.
AeroVironment reported record fiscal fourth-quarter revenue of $641.6 million for the period ended April 30, 2026, up 133% from a year earlier.
The sharp increase was aided by the acquisitions of defense technology companies BlueHalo and Empirical Systems Aerospace. Excluding those acquisitions, organic revenue growth was approximately 31%.
Profitability also improved significantly.
Non-GAAP adjusted EBITDA more than doubled to $140.1 million, lifting the adjusted EBITDA margin to 22%. Adjusted earnings per share increased to $1.84 from $1.61 in the prior-year quarter.
The company's funded backlog reached $1.2 billion at the end of fiscal 2026, compared with $726.6 million a year earlier, while full-year bookings totaled $2.7 billion against approximately $2 billion in revenue.
That resulted in a book-to-bill ratio of 1.4, indicating orders continued to outpace shipments and providing greater visibility into future demand.
While AeroVironment is widely known for its Switchblade loitering munitions, management believes its counter-drone business could become an increasingly important contributor over the coming years.
Counter-unmanned aircraft systems generated about $200 million in revenue during fiscal 2026.
The company is expanding the business through a three-layered approach that includes the Titan family of radio-frequency jamming systems, the LOCUST directed-energy weapon under development, and the Freedom Eagle-1 kinetic interceptor designed to destroy incoming drones.
Discussing the long-term opportunity, CEO Wahid Nawabi said, "It will not surprise me in the next 3-5 years that our directed energy and our counter-UAS business would be equally as large, if not 2-3 times bigger."
Management also cited "unprecedented" demand across its markets and projected fiscal 2027 revenue of $2.1 billion to $2.2 billion, with the midpoint implying roughly 10% growth.
Despite the recent gains, AeroVironment shares trade at about 54 times the midpoint of management's fiscal 2027 adjusted earnings guidance and remain well below their 52-week high of nearly $420.
Jim Cramer urged investors to remain cautious because of negative sentiment surrounding the stock.
“The short sellers in this thing are so powerful,” he said on CNBC, adding they're fully convinced that AeroVironment “paid too much” for BlueHalo.
According to Cramer, AVAV is trading near a bottom and a strong fourth-quarter report could help keep it in the “green”, but he warned of possible short-term volatility due to what he described as "a coordinated assault by institutional bears."
He also said investors should be cautious because the “lies that have been told about this company and shading of the truth” are extraordinary.
Wall Street, however, continues to rate AeroVironment a "Strong Buy," with a mean price target of about $295 over the next 12 months.
Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a zakázce BADGER pro U.S. Space Force.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain." The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."
On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."
On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.
On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
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AeroVironment ve 4. fiskálním čtvrtletí zvýšil tržby o 133 % na rekordních 641,6 milionu USD a upravený EBITDA více než zdvojnásobil na 140,1 milionu USD. Zajištěný backlog vzrostl na 1,2 miliardy USD.
Shares of AeroVironment (AVAV +4.47%) soared more than 20% this week, to around $171, after the drone and defense specialist reported its fiscal fourth-quarter results. The quarter was a blowout by almost any measure -- record revenue, adjusted profits that more than doubled, and a funded backlog that swelled past $1 billion.
Is this the start of a multiyear up cycle in military drones and the systems built to stop them, or a one-quarter spike that borrows from future demand and leaves a harder comparison behind?
The answer rests less on the drones AeroVironment is already known for and more on what it's building next.
Image source: Getty Images.
AeroVironment's fiscal fourth-quarter revenue (the period ended April 30, 2026) jumped 133% year over year to a record $641.6 million. That headline figure, however, was bolstered by the company's acquisitions of defense technology firms BlueHalo and Empirical Systems Aerospace. Strip the deals out, and organic growth was about 31% -- still a strong rate, and the better gauge of underlying demand.
Profitability climbed even faster. AeroVironment's non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) more than doubled to $140.1 million, lifting the adjusted EBITDA margin to 22%. Adjusted earnings per share were $1.84, up from $1.61 a year earlier.
The figure that speaks most directly to the up-cycle question, though, is backlog. AeroVironment closed the year with a funded backlog of $1.2 billion, up about 65% from $726.6 million a year earlier. Full-year bookings reached $2.7 billion against revenue of roughly $2 billion, for a book-to-bill ratio of 1.4 -- orders came in well ahead of what the company could ship. That kind of forward visibility isn't what a one-quarter spike looks like.
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Looking ahead, counter-drone is the story This is where the multiyear thesis lives. Sure, AeroVironment is best known for its Switchblade loitering munitions -- the small, low-cost attack drones that have become a fixture of modern warfare. But the faster-growing opportunity may sit on the other side of that fight: knocking enemy drones out of the sky.
Counter-drone, or counter-unmanned aircraft systems (counter-UAS), brought in about $200 million of revenue in fiscal 2026. Next to the loitering munitions business, that's still modest.
But management doesn't expect it to stay that way.
"It will not surprise me in the next 3-5 years that our directed energy and our counter-UAS business would be equally as large, if not 2-3 times bigger," CEO Wahid Nawabi said on the company's fiscal fourth-quarter earnings call.
AeroVironment builds its counter-drone defense in three layers. The first is the Titan family of radio-frequency jamming systems, whose sales roughly doubled over the prior year. The second is an early stage directed-energy weapon called LOCUST. And the third is a kinetic interceptor, Freedom Eagle-1, that physically destroys an incoming drone. The pitch to customers is that no single tool stops every threat.
Demand, for now, is moving the right way. Management pointed to "unprecedented" levels of demand across its markets and guided for fiscal 2027 revenue of $2.125 billion to $2.225 billion. The midpoint implies about 10% growth -- a step down from this year's acquisition-boosted pace, but healthy for a business this size, and it doesn't lean on the counter-drone ramp inflecting yet.
So, is the growth stock a buy? At about $171, AeroVironment trades at roughly 54 times the midpoint of management's fiscal 2027 adjusted earnings guidance -- a rich multiple. And even after this week's jump, the stock sits well below the 52-week high near $420 it touched before a steep slide earlier this year.
Personally, I read the backlog and the demand signals as the start of an up cycle rather than a one-off -- but the stock's valuation already bakes a lot of that in. For investors who want exposure to the drone and counter-drone theme, I'd keep any position small or maybe even wait for a more attractive entry point.
AeroVironment roste po zprávě, že segment AxS ve 4. čtvrtletí zvýšil tržby o 80 % meziročně a ve fiskálním roce 2026 o 61 %. Management zároveň očekává ve fiskálním roce 2027 tržby 2,125–2,225 miliardy USD.
• AeroVironment stock is among today’s top performers. Why are AVAV shares rallying?
The AeroVironment Analyst: Analyst Andre Madrid reiterated a Buy rating and price target of $205.
The AeroVironment Thesis: Supported by Precision Strike & Defense Systems, AxS generated 80% year-on-year sales growth in the fourth quarter and 61% in fiscal 2026, Madrid said in the note.
Check out other analyst stock ratings.
Fourth-quarter adjusted EBITDA margin at AxS was strong, at 28%, partially offset by weaker SCDE margins, he added.
Madrid stated that the programmatic growth drivers were:
Switchblade Red Dragon Titan "This growth was partially offset by weakness at the SCDE (Space, Cyber & Directed Energy) segment driven by the SCAR program termination and government funding delays that weighed on the Cyber and Mission Systems (CMS) business," the analyst further wrote.
While there is significant demand for SCDE platforms, timing remains uncertain with funding delays expected to persist into late 2026 or early 2027, Madrid said.
The Outlook: Management guided to fiscal 2027 sales of $2.125-$2.225 billion, representing 10% growth and coming in line with expectations, the analyst stated. They projected adjusted EBITDA of $305-$325 million and adjusted earnings of $3.02-$3.34 per share.
Management’s fiscal 2027 outlook implies around 14.5% adjusted EBITDA margin, roughly flat as the company increasingly invests in growth, he further noted.
AVAV Price Action: Shares of AeroVironment had risen by 17.48% to $164.30 at the time of publication on Tuesday.
Photo: Piotr Swat via Shutterstock
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Na společnost AeroVironment (AVAV) byla podána hromadná žaloba kvůli údajným klamavým tvrzením o programu SCAR a výhledu společnosti. Společnost zároveň uvedla provozní ztrátu 179,0 mil. USD a zrušení kontraktu ze strany U.S. Space Force.
Philadelphia, Pennsylvania--(Newsfile Corp. - June 30, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against AeroVironment, Inc. (NASDAQ: AVAV) ("AeroVironment" or the "Company") on behalf of investors who purchased or acquired AeroVironment common stock during the period from June 25, 2025 through March 10, 2026 (the "Class Period").
Investor Deadline: Investors who purchased or acquired AeroVironment common stock during the Class Period may, no later than July 27, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
The Company, headquartered in Arlington, Va., provides cutting-edge autonomous systems, unmanned aircraft systems (UAS), loitering munitions, and space and directed-energy technologies to the U.S. Department of Defense, allied governments, and commercial clients.
The complaint alleges that, during the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects, and failed to disclose that: (i) the Company understated the likelihood of imminent competition from other vendors for work it performed under the Satellite Communication Augmentation Resource ("SCAR") program, including in connection with the U.S. Space Force's ongoing effort to modernize the Satellite Control Network ("SCN"); (ii) and Defendants accordingly overstated the Company's business and financial prospects.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program, while stating it expected to continue operating under the program. On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening and "reassessing" the SCAR program. The Space Rapid Capabilities Office's director of contracting confirmed the Space Force would "move into a new acquisition strategy for SCAR." On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment reported a third-quarter fiscal year 2026 operating loss of $179.0 million - versus a loss of just $3.1 million in the prior-year quarter - reflecting a $151.3 million goodwill impairment in its space division tied to the BADGER stop work order. The Company additionally disclosed that the U.S. Space Force had terminated its SCAR contract, forcing the Company to "recompete" for the program. On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced it would diversify its supplier base and transition to commercial, off-the-shelf solutions to modernize the SCN, foregoing any further single-vendor bespoke procurement.
If you are an AeroVironment investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.
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Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
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AVAV uvedla, že fiskální rok 2027 bude hlavně o načasování a plnění, ne o poptávce; tržby i upravená EBITDA mají být více soustředěné do druhé poloviny roku.
Key Takeaways AVAV says fiscal 2027 hinges on execution and timing, not demand, after record quarterly revenues.AVAV expects revenues and adjusted EBITDA to be back-half weighted amid contract and budget timing.AVAV is expanding production, while BlueHalo boosts counter-UAS and directed-energy growth potential. AeroVironment, Inc. (AVAV - Free Report) used its fourth-quarter call to frame fiscal 2027 less as a demand story than an execution and timing story. Management pointed to strong program momentum, but also made clear that federal budget timing could push more revenues and profit into the back half of the year.
The setup matters because AVAV is entering the year after record quarterly revenues, a major acquisition integration and a broad manufacturing build-out meant to support what executives described as rising demand across drones, counter-UAS, directed energy and space systems.
AVAV Leans on Demand VisibilityAeroVironment posted quarterly earnings of $1.84 per share, which rose from $1.61 a year ago. The figure beat the Zacks Consensus Estimate of $1.53 by 20.3%. Fourth-quarter revenues came in at $641.6 million, which topped the estimate of $563.1 million by 13.9%.
Chairman, president and CEO Wahid Nawabi said fiscal 2026 was a transformational year, with BlueHalo materially broadening the portfolio and helping position the company for what he called unprecedented demand across served markets. He tied that view to lethal drones, nonlethal drones, counter-UAS, space and advanced technologies.
He highlighted several recent wins and product milestones, including the Army’s long-range reconnaissance award for the P550, additional traction for JUMP 20-X, continued Switchblade development and a growing pipeline for RedDragon and MAYHEM 10. The message was that AVAV is now selling across more mission sets rather than relying on a narrow franchise base.
That broader framing sat behind management’s confidence in fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 million, even as it avoided assuming an early federal budget release.
AeroVironment Pushes Production ReadinessNawabi repeatedly returned to capacity expansion as a strategic differentiator. He said the Salt Lake City site is on track to begin production in spring 2027 and has potential annual output above $2 billion for Switchblade and related products.
The company is also expanding Huntsville for Freedom Eagle 1 and Albuquerque for directed-energy systems, with chief financial officer Sean Woodward saying fiscal 2027 capital spending will run at 12% to 14% of revenues. He added that the spending is aimed at long-term production growth, not near-term financial engineering.
That stance shaped the cash-flow discussion as well. Woodward said the company does not expect positive free cash flow in fiscal 2027 because of the magnitude of the planned capacity investments.
AVAV Sees Mix Shifts in 2027Woodward described the fiscal 2027 model as back-half weighted, with a roughly 45-55 first-half to second-half revenue split and two-thirds of adjusted EBITDA expected in the second half. He said first-quarter revenues would account for about 45% of first-half sales, underscoring a deliberately conservative pacing assumption.
He attributed the cadence mainly to contract timing, customer acceptance testing and the expected delay in defense budget funding rather than any deterioration in underlying demand. Nawabi said the company is assuming a continuing resolution and that material funding may not reach customer accounts until around March.
That helps explain why management stressed full-year guidance over quarterly volatility. It also frames why adjusted EPS guidance of $3.02 to $3.34 is roughly flat year over year despite higher revenues and EBITDA, with Woodward pointing to a sharp rise in depreciation and cloud amortization from recent investment.
AeroVironment Defends BlueHalo LogicThe BlueHalo portfolio was one of the most important themes in both prepared remarks and Q&A. Nawabi singled out Titan counter-UAS systems and LOCUST directed-energy weapons as some of the fastest-growing and highest-potential parts of the combined company.
He described counter-UAS as already a couple-hundred-million-dollar business in fiscal 2026 and said it could become as large as, or larger than, loitering munitions over the next three to five years. That was one of the clearest long-term growth statements on the call.
At the same time, Woodward had to address the incremental goodwill impairment tied to the SCAR program termination. He said the added charge stemmed from an error in the third-quarter impairment analysis, not a fresh deterioration in long-term cash-flow assumptions, and said enhanced controls are now in place.
AVAV Q&A Focuses on Pressure PointsAnalysts pressed hardest on budget timing, free cash flow, the SCAR disruption and the pace of production expansion. Management’s answers were detailed and generally firm, especially on its view that current guidance excludes upside from a more favorable funding schedule.
A JPMorgan analyst asked about revenue timing and funding assumptions, prompting Nawabi to lay out a cautious scenario in which budget approvals slip into winter, and revenues remain more dependent on existing backlog in the near term.
A Jefferies analyst also pressed on counter-UAS and remaining goodwill. That exchange gave investors a clearer picture of the size of the counter-UAS opportunity and how management wants the impairment issue interpreted.
AeroVironment Leaves a Build-Through MessageThe tone exiting the call was expansive, but disciplined. Management did not overpromise on near-term timing, yet it repeatedly emphasized backlog, funded opportunities and manufacturing readiness as reasons to keep investing.
That posture leaves AeroVironment presenting fiscal 2027 as a year of scaling into demand rather than harvesting it all immediately. The company’s central argument is that capacity, product breadth and budget exposure matter more right now than any single quarter’s conversion rate.
AVAV’s Zacks SignalsAVAV currently carries a Zacks Rank #3 (Hold), with Value, Growth and VGM Scores of D and a Momentum Score of B, according to the provided Zacks data. The Zacks framework indicates Rank is the primary screen, while Style Scores serve as a complement, with stronger A or B grades generally seen as more favorable within the Rank system. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Within that framework, a Zacks Rank #3 points to a more neutral near-term outlook than a Rank #1 or 2 (Buy), while the Momentum Score of B suggests relatively better trend support than the stock’s Value, Growth or VGM profiles. The Zacks Rank can change as earnings estimate revisions move after the quarter’s results.
AeroVironment po zveřejnění výsledků za 4. fiskální čtvrtletí 2026 vzrostl o 19 %; EPS 1,84 USD i tržby 642 milionů USD překonaly odhady. Funded backlog stoupl na 1,2 miliardy USD.
Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million versus an analyst estimate of $559 million.
CEO Wahid Nawabi said in a release that AeroVironment is well positioned to benefit from the rising global demand in drones, counter-drones and space technology.
AeroVironment's funded backlog of $1.2 billion was up 65% over last year, but only slightly above the $1.1 billion backlog reported in the prior period. Autonomous systems revenue of $492 million handily beat the $402 million StreetAccount expectation.
Nawabi told CNBC's Morgan Brennan during a recent exclusive tour of the company's Simi Valley, California, facility that the fundamentals of warfare have changed due to the recent conflicts in Ukraine and Iran.
"We knew that this inflection point was going to happen sooner or later," he said, "and these last couple of conflicts that have become globally well known has essentially brought this thing to the forefront."
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomAeroVironment posted net income of $63.17 million during Q4 2026, or $1.25 per share. A year ago, the company posted net income of $16.66 million, or 59 cents per share.
The dronemaker expects fiscal year 2027 revenue in the range of $2.13 billion and $2.23 billion, with LSEG expecting $2.17 billion. The company's guidance for adjusted 2027 EPS called for a range of between $3.02 and $3.34, while LSEG expectations were for $3.94 per share.
The company's shares are down more than 40% this year, but with the U.S. Defense Department budget for drones alone set to possibly top $75 billion next year, there is a huge opportunity ahead.
"Not only the U.S. Department of War, but all of our allies are behind the eight ball in terms of adoption and deployment," Niwabi told CNBC.
"Now we're playing catch up. Our military is playing catch up in a very fast pace," he added.
AeroVironment má rekordní financovaný backlog kolem 1,1 miliardy USD a book-to-bill 1,6, což podporuje silnou poptávku. Akcie ale letos klesly asi o 43 % po slabém čtvrtletí a snížení výhledu.
AVAV stock is up heading into the print. Watch the price action here. Backlog and VisibilityAeroVironment closed the third quarter with a record funded backlog of roughly $1.1 billion, supported by total bookings of about $2.1 billion over the first nine months and a book‑to‑bill ratio near 1.6.
A book-to-bill ratio of 1.6 signals demand running ahead of recognized revenue and underpins management’s framing of the fourth quarter as a potential record quarter driven by conversion of delayed Space, Cyber and Directed Energy (SCDE) work.
Investors have also seen a string of multi‑year U.S. Army and foreign military sales awards in unmanned aircraft and counter‑UAS systems, with recent contracts totaling in the high hundreds of millions and extending revenue visibility into the next decade.
The question is less about the existence of demand and more about its quality: how much of AeroVironment’s backlog sits in funding‑sensitive programs and whether management’s fourth quarter commentary reduces concerns around timing, competitive rebids and program‑level risk.
Stock Setup and Valuation TensionDespite the supportive fundamentals, AeroVironment shares have fallen about 43% year to date and more than 30% over the past three months following a sizable third-quarter miss and a cut to full‑year guidance.
Revenue of roughly $408 million in the third quarter came in more than 15% below consensus, with EPS also missing, and management trimmed its fiscal 2026 outlook to $1.85 billion to $1.95 billion of revenue.
The stock has traded in the mid‑$140s to mid‑$150s recently, well below its consensus price target of $302.44 based on the ratings of 19 analysts compiled by Benzinga.
The disconnect between AeroVironment’s current price and the consensus price target gives this earnings report a clear narrative hook: broken momentum versus intact thesis.
On one side, the market is treating AeroVironment as a "prove‑it" story after guidance cuts, margin volatility and program delays; on the other, a consensus target around $300 per share, reflecting confidence that backlog and bookings will eventually translate into cleaner earnings and cash flow.
Monday evening’s earnings report could be a potential capitulation moment if execution again disappoints, or a reset where a true record quarter, solid SCDE catch‑up and a steadier FY27 outlook begin to narrow the gap between a discounted share price and bullish valuation models.
AVAV Stock Price Activity: AeroVironment stock was up 2.76% at $141.76 at the time of publication on Monday, according to data from Benzinga Pro.
Over the past month, AeroVironment stock has declined about 29.7% versus a 2% decline in the S&P 500 and is down roughly 43% year-to-date compared to the index’s 8% gain. The stock is trading near its 52-week low of $135.20.
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Na AeroVironment a některé členy vedení byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o programu SCAR. Žaloba se týká nákupů akcií mezi 25. červnem 2025 a 10. březnem 2026.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.
On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.
Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications. This contract value subsequently increased to $1.7 billion.
The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.
In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain." The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously.
During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward. Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."
On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.
Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."
On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.
Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.
On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
AeroVironment zveřejní výsledky za 4. čtvrtletí po uzavření trhu 29. června; analytici čekají EPS 1,47 USD a tržby 559,1 milionu USD. Akcie v pondělí spadly o 10,8 %.
AeroVironment, Inc. (NASDAQ:AVAV) will release earnings for its fourth quarter after the closing bell on Monday, June 29.
Analysts expect the Arlington, Virginia-based company to report quarterly earnings of $1.47 per share, down from $1.61 per share in the year-ago period. The consensus estimate for AeroVironment’s quarterly revenue is $559.1 million. It reported $275.05 million last year, according to Benzinga Pro.
AeroVironment recently disclosed it restated its quarterly filings for 10-Q after incorrectly calculating the goodwill impairment.
Shares of AeroVironment fell 10.8% to close at $151.33 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AVAV stock? Here’s what analysts think:
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Analytici čekají, že AeroVironment vykáže EPS 1,53 USD, tedy meziročně o 5 % méně, zatímco tržby mají vzrůst na 563,14 milionu USD. Odhad EPS se za 30 dní nezměnil.
Wall Street analysts expect AeroVironment (AVAV - Free Report) to post quarterly earnings of $1.53 per share in its upcoming report, which indicates a year-over-year decline of 5%. Revenues are expected to be $563.14 million, up 104.7% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific AeroVironment metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Contract Services' reaching $186.53 million. The estimate indicates a year-over-year change of +468.4%.
The average prediction of analysts places 'Revenue- Product Sales' at $378.63 million. The estimate indicates a year-over-year change of +56.3%.
The collective assessment of analysts points to an estimated 'Gross margin- Contract services' of $45.22 million. Compared to the current estimate, the company reported $8.87 million in the same quarter of the previous year.
Analysts predict that the 'Gross margin- Product sales' will reach $113.78 million. Compared to the current estimate, the company reported $91.46 million in the same quarter of the previous year.
View all Key Company Metrics for AeroVironment here>>>
Over the past month, AeroVironment shares have recorded returns of -18.2% versus the Zacks S&P 500 composite's -1.3% change. Based on its Zacks Rank #3 (Hold), AVAV will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
