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Stock impact report

AeroVironment Sees Defense Funding Uptick, Expands Switchblade Output, Highlights Titan Growth Driver [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
in orders and contracts over the next three to six months as dollars move into service accounts. AeroVironment is rapidly expanding Switchblade production—having doubled business last year and building a new plant to add about $2 billion a year of capacity—while rolling out upgrades like a field-swappable EFP warhead for Switchblade 300 and maritime/anti-jamming improvements for Switchblade 600. Counter-UAS is a major near-term growth driver with the Titan series in full-rate production and planned capacity growth to about $500 million next fiscal year, while directed-energy (LOCUST) is positioned as a longer-term solution that could cut cost-per-target from missile-level costs to roughly $3–$5 per shot Interested in AeroVironment, Inc.? Here are five stocks we like better. AeroVironment Touches Down On Value Opportunity AeroVironment (NASDAQ:AVAV) executives said they expect U.S. defense funding to begin flowing more meaningfully over the next several months, outlined produ Show less Read more
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