Reading Time: 1 minute
AeroVironment (AVAV, i) is uniquely positioned with over 42,000 drone systems deployed in challenging environments worldwide and more than 100 partners. Sales of the Switchblade 600 and JUMP 20 drones have tripled and sextupled, respectively, in Q1. The P550 has seen its first deliveries to the U.S. Army for the potentially $1 billion LRR program. BlueHalo contributes expertise in directed energy weapons, drone defense, space, electronic warfare, and cyber capabilities. CEO Nawabi sees "significant new growth opportunities in key areas that align...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.