NasdaqGS:AVAVAerospace & Defense
AeroVironment (AVAV) Is Down 6.1% After SCAR Contract Shift To Fixed-Price Terms - What's Changed
Earlier in January, the U.S. government issued a stop‑work order on AeroVironment’s BADGER phased array antenna contract for the Space Force’s SCAR program, triggering negotiations to convert the current arrangement into a firm-fixed-price agreement under revised requirements.
This shift from a cost-plus to fixed-price structure introduces meaningful uncertainty around contract profitability and execution risk at the same time AeroVironment is expanding its defense technology portfolio...