AeroVironment - Drone Manufacturer Continues to Benefit from Increasing [Defense Budgets]
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Business Driver: AeroVironment (AVAV) specializes in the development of modern drone systems, with currently the lion's share of revenue coming from drones for the military sector. The U.S. company based in Simi Valley, California, is also strong in drone systems within the commercial segment, particularly used in agriculture or for monitoring objects. Here, they offer tactical drones for reconnaissance, surveillance, and exploration missions, including Puma, Raven, and Wasp. Currently, tactical combat drone systems such as Switchblade 300 or Switchblade...
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