AeroVironment Watchlist

tz-plus logo Laser Weapon and Drone Defense! AeroVironment Seeks $500 Million Major Contract in Defense Sector!

A. Wimbauer
Reading Time: 3 minutes

Focus on Future Technologies: AeroVironment is negotiating a $500 million laser weapon program with the U.S. Army Strategic Diversification: $15 million expansion in Ohio aims to reduce the U.S. dependency on Chinese rare earth elements Ambitious Financial Goals: By 2030, the company aims for revenues of up to $4.0 billion with an operating margin of 18 to 20% "At AV, we are driving the business forward as a stronger and more resilient company than ever,” recently stated CEO Wahid Nawabi at the investor day of the U.S. defense contractor...

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