AeroVironment's Strategic Position and Growth Potential Justify Buy RatingWe caught up with Kevin McDonnell, CFO of AeroVironment (AVAV), during a fireside chat at Canaccord Genuity's 45 th Annual Growth Conference. Mr. McDonnell provided an overview of AV’s core business historically, focused on developing and loitering munitions for military applications, including products like the PUMA, JUMP 20-X, P550, and Switchblade. PUMA is now utilized by over 50 countries globally, being “renowned around the world” for its ISR capabilities, and JUMP 20 represents a new, more versatile ISR platform with greater range, endurance and operational altitude. Meanwhile, Switchblade has progressed into a “mainstream” tactical smart missile for global militaries after being used heavily in Ukraine over the past 3.5 years.