AeroVironment - Drone Manufacturer Continues to Benefit From Increasing Defense Budgets

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Business drivers: AeroVironment (AVAV) is one of the world's leading manufacturers of drone systems, with the lion's share of revenue currently coming from drones for the military sector. The company is among the top providers of high-end drones and unmanned aircraft systems (UAS). The U.S. corporation, based in Simi Valley, California, is also a leading provider in the commercial drone segment, particularly in agriculture and object monitoring, with models like Quantix. It offers tactical drones for reconnaissance, surveillance, and exploration...
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