Defense tech companies like Anduril hope Trump can streamline military contracts [Business Insider]
AeroVironment, Inc. (AVAV)
Last aerovironment, inc. earnings: 3/3 04:10 pm
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Source: Business Insider
Others in the defense industry are less optimistic. Tech billionaire Palmer Luckey's bet on the defense industry is paying off at Anduril, the drone-making company he founded. Now, the company says President-elect Donald Trump's promise to slash government bureaucracy will open the doors even wider. Brian Schrimf, Anduril's CEO, told Yahoo News this week that Trump's promise of "streamlining the bureaucracy" in the government is one of the first steps to improving efficiency in the defense contracting process. "There's just so many roles, so many things that make it hard to do what we really need to do as a country, to move out, to take risks, to actually just build the military we need to have," Schrimpf told the outlet. Analysts told Business Insider that revamping the defense contract process, however, would be difficult. "It's not like the defense secretary can say, 'eliminate all bureaucracy and issue a contract in 30 days,' and everyone says 'absolutely we'll get ever
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AVAV
News
- What To Expect From AeroVironment's (AVAV) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- AeroVironment, Inc.'s (NASDAQ:AVAV) Intrinsic Value Is Potentially 99% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Exploring Analyst Estimates for AeroVironment (AVAV) Q2 Earnings, Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- BlueHalo, which has significant presence in NM, to be acquired by Virginia-based defense contractor [Yahoo! Finance]Yahoo! Finance
- Military Drone Market to Grow by USD 8.51 Billion (2024-2028), Advancements in Drone Technology Driving Revenue, Report on AI-Powered Market Evolution - Technavio [Yahoo! Finance]Yahoo! Finance
AVAV
Earnings
- 9/4/24 - Beat
AVAV
Sec Filings
- 12/3/24 - Form 4
- 11/20/24 - Form 425
- 11/19/24 - Form 425
- AVAV's page on the SEC website