AeroVironment: Revenue Surge of 150% through BlueHalo. JPMorgan sees over 30% upside potential due to the efforts of the [US Department of Defense].
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Expensive platforms (tanks, jets) are vulnerable to cheap, intelligent drones. Every army in the world must massively invest in offensive (drones) and defensive (lasers/jammers) autonomous systems. AeroVironment (AVAV) provides both and is the technological leader in unmanned aerial systems (UAS) and tactical missile systems (loitering munitions) in the USA. With the acquisition of BlueHalo, its strategic role has massively expanded: from a pure drone specialist to a diversified defense technology corporation. The portfolio now includes not...
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