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Stock impact report

AeroVironment Faces SCAR Contract Test While New Orders Support Outlook [Yahoo! Finance]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Yahoo! Finance
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. U.S. Space Force has reopened bidding on AeroVironment's $1.4b SCAR program, creating uncertainty around the company's largest recorded contract. AeroVironment is investing over $30m to expand domestic manufacturing capacity in the U.S. The company recently secured a $186m U.S. Army order for its advanced Switchblade systems. AeroVironment (NasdaqGS:AVAV) is facing a pivotal moment as the SCAR recompete puts a $1.4b contract under review, even as it continues to win new defense work. The stock trades around $228.3, with a 1 year return of 60.9% and a 3 year return of 150.1%, reflecting strong past interest from investors despite a 30 day return of 18.0% decline. Those mixed signals set the backdrop for assessing how current contract risk and new awards could influence sentiment. On one side, the SCAR uncertainty raises questions about A Show less Read more
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