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0.00139028346335064 -0.00285780489688735 -0.00455704024098249 -0.00455704024098249 -0.00131304549316434 0 -0.00169923534409515 -0.00169923534409515
Stock impact report

AV’s Cutting-Edge One-Way Attack UAS Secures DIU Backing Under Project Artemis

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Business Wire
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions.As part of its strategic expansion into a new sector of the multi-billion-dollar defense market, AV has been awarded an Other Transaction Authority (OT) award by the Defense Innovation Unit (DIU) as part of Project Artemis, an initiative launched to rapidly test and operationally evaluate long-range, one-way uncrewed aircraft systems (UAS) for the Department of Defense (DoD). This strategic effort, sponsored by the Under Secretary of Defense for Acquisition and Sustainment (A&S), is driven by urgent congressional direction to accelerate the deployment of innovative precision-strike platforms in contested environments.This award aligns with Secretary Pete Hegseth’s directive in a memorandum issued on February 18, 2025, which exempts uncrewed systems from bro Show less Read more
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