AeroVironment (AVAV) has been selected for a 10-year single-award, indefinite-delivery/indefinite-quantity contract valued at $499M by the U.S. Air Force Research Laboratory for the High-Performance Electromagnetic Spectrum Survivable Materials Advancement program. Work completed under the program will mature material technology development and deploy protective solutions to the frontlines, guarding warfighters against exposure to harmful electromagnetic radiation.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVAV:
- AeroVironment price target raised to $365 from $320 at Jefferies
- AeroVironment price target raised to $350 from $267 at Baird
- AeroVironment’s Strategic Growth and Production Expansion Drive Buy Rating
- AeroVironment price target raised to $348 from $300 at Raymond James
- Deckers, Credo, Crispr, AeroVironment, Abercrombie: Trending by Analysts
