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AeroVironment (AVAV) remains my favorite among defense growth stocks. CEO Wahid Nawabi stated that in more than 16 years at AV, he has never experienced a comparable series of significant strategic contract wins. Additionally, there are competitive advantages due to proven systems in use, high manufacturing capacities, and a supply chain that is over 98% US-based. LOCUST is particularly exciting. Recently, the laser system secured a $464.8 million contract from the US Army and the first international order of over $50 million. According to management,...
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