AeroVironment's Switchblade drones are the US Army's latest big bet. See the small but mighty munitions in action. [Business Insider]
AeroVironment, Inc. (AVAV)
Last aerovironment, inc. earnings: 3/3 04:10 pm
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Source: Business Insider
The US military has invested millions in the drones for precise air support with reduced collateral. These kinds of attack drones have revolutionized modern warfare. Switchblade drones, a loitering munition used for attack and reconnaissance, weigh under 10 pounds and can fit in a soldier's backpack. Though small in size, the miniature munition packs a punch. For over a decade, the US military has invested millions in the one-way bomber drone to provide fast, cheap close air support with more precision and less collateral damage. Earlier this year, the US Army announced plans to field more than 1,000 of the largest Switchblade drones over the next year. Last month, the service signed a massive deal worth up to $1 billion to acquire more Switchblade drones. Since its inception, the drone has enabled armed forces worldwide to adapt to a modern battlefield. Scout to attack drone Developed by American defense contractor AeroVironment, the drone was initially pitched as a
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AVAV
News
- AeroVironment, Inc. (NASDAQ: AVAV) had its "buy" rating re-affirmed by analysts at BTIG Research. They now have a $245.00 price target on the stock.MarketBeat
- Why AeroVironment Stock Dived by 10% Today [Yahoo! Finance]Yahoo! Finance
- AeroVironment falls 10% as federal watchdog reviews drone contract [Seeking Alpha]Seeking Alpha
- AeroVironment, Inc. (NASDAQ: AVAV) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.MarketBeat
- Impressive Earnings May Not Tell The Whole Story For AeroVironment (NASDAQ:AVAV) [Yahoo! Finance]Yahoo! Finance
AVAV
Earnings
- 9/4/24 - Beat
AVAV
Sec Filings
- 9/16/24 - Form 8-K
- 9/5/24 - Form 10-Q
- 9/4/24 - Form 8-K
- AVAV's page on the SEC website