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AeroVironment stock rises after GAO ruling

AeroVironment shares rose 9.6% after GAO denied a protest, allowing the company to proceed with a lucrative Army contract for its Switchblade drones.

investing.com • 16/12/2024 - 20:09 PM

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Greece to buy artillery systems from Israel and drones from US, officials say

Greece is negotiating to purchase 36 PULS rocket artillery systems from Israel, along with potential acquisitions of F-35s and other military equipment to modernize its armed forces.

investing.com • 13/12/2024 - 15:37 PM

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Trump's Musk-led efficiency drive may spur defense-tech partnerships

Trump's efficiency drive may boost smaller defense tech firms like Musk's by loosening existing contracts of major contractors, facilitating innovation in defense projects like AI drones and submarines.

investing.com • 09/12/2024 - 11:03 AM

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Drone maker AeroVironment to buy BlueHalo in $4.1 billion deal

AeroVironment plans to acquire BlueHalo for $4.1 billion in an all-stock deal, issuing 18.5 million shares, expected to finalize by mid-2025.

investing.com • 19/11/2024 - 11:39 AM

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Pentagon buys two new types of drones under Replicator initiative

The Pentagon expands its Replicator initiative with new drones, targeting affordable deployment of smart combat technologies, aiming for thousands of units by 2025.

investing.com • 13/11/2024 - 16:51 PM

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Earnings call: AeroVironment sets record Q1 revenue, eyes future growth

AeroVironment's Q1 FY 2025 shows record revenues driven by military contracts and strong market demand for its autonomous systems, indicating a positive growth outlook.

investing.com • 05/09/2024 - 10:33 AM

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After-hours movers: HPE, Topgolf Callaway, Fortive and more

Stock movers after hours included increases for Yext and Topgolf, while losses were seen for C3 AI and Verint Systems.

investing.com • 04/09/2024 - 20:39 PM

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AeroVironment surges on $1B U.S. Army drone contract, prompting upgrade

AeroVironment's shares rose 9% after a $990 million U.S. Army contract, prompting analysts to upgrade the stock and forecast significant revenue growth through 2029.

investing.com • 28/08/2024 - 13:25 PM

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