NasdaqGS:AVAVAerospace & Defense
AeroVironment (AVAV) Secures New Production Agreement For US$1.4 Billion Satellite Program
AeroVironment (AVAV) recently benefited from a new production agreement signed with Mercury Systems, aimed at supporting the U.S. Space Force's SCAR program. This development coincided with strong quarterly results showing a revenue increase, reflecting positively in a 46% share price rise over the last quarter. The agreement, alongside other client and product-related advancements like the partnership with SNC and the introduction of the Skyfall concept for Mars exploration, bolstered...