New Companies
Thursday, 7/2, 10:45 PM
AeroVironment Jumps Nearly 40% on a Blowout Quarter and a $500M Army Drone Deal
- Shares of drone maker AeroVironment surged about 38% in a few days — from $139 to roughly $192 — after a record quarter blew past forecasts and the U.S.
- Army handed it a $500 million counter-drone contract.
- The rally captures how the war in Ukraine has reshaped demand for unmanned and anti-drone systems.