AeroVironment Inc is a technology company specializing in unmanned aircraft systems and related solutions for both military and commercial applications
The company designs, develops, and manufactures innovative drones and unmanned aerial vehicles that provide advanced surveillance, reconnaissance, and data collection capabilities. AeroVironment's products are deployed in various sectors, including defense, public safety, and agriculture, enhancing operational effectiveness and improving decision-making through high-quality aerial intelligence. Additionally, the company offers a range of services and support solutions to ensure the optimal performance of its systems.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at aerospace and defense stocks, starting with Axon (NASDAQAXON).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at CACI (NYSECACI) and the best and worst performers in the defense contractors industry.
PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The business use cases of commercial drones have expanded significantly over the past few years. They are being increasingly adopted in the construction and real estate sectors due to their ability to survey the property, offer constant and exact project alerts, increase safety, and prevent harmful accidents on construction sites. Moreover, their conventional applications, such as monitoring, surveillance, and security, have instigated the product demand for search and rescue operations, identifying unstable roofs in dangerous and inaccessible positions, tracking out elevated infrastructure that might have damaged electrical cables, etc. A recent report from Grand View Research said that: “The global commercial drone market size was estimated at USD 30.02 billion in 2024 and is expected to grow at a CAGR of 10.6% from 2025 to 2030. The market growth is attributed to the increasing enterprise application of drones across various industry verticals. Several drone manufacturers are continually testing, inventing, and upgrading solutions for diverse markets used for various applications, including filming and emergency response. Besides, the integration of modern technologies in commercial drones to deliver enhanced solutions is opening new growth opportunities for the commercial drone market.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: KTOSNASDAQKTOS, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Draganfly Inc. (NASDAQ: DPRODPRO).
Looking back on defense contractors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Huntington Ingalls (NYSEHII) and its peers.
Looking back on defense contractors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including AeroVironment (NASDAQAVAV) and its peers.
PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - From the perspective of U.S. competitiveness and security, incentivizing U.S. leadership in the drone industry ― the focal point of a new era of aviation ― represents a strategic imperative in a market long characterized by state-subsidized companies based in China. AUVSI, an industry insider reported: “that it believes it is essential to advance security and competitiveness in a thoughtful way that respects existing investments while building toward a more secure, sustainable future that puts U.S. interests ― including security, the economy, and overarching values ― first. U.S. drone manufacturers and their component supply chain have struggled to compete against foreign subsidized competition, which hinders the availability of American-made UAS on the market and impedes workforce growth and investment. Accordingly, the U.S. government must foster a more competitive and fair playing field for U.S.-based drone manufacturers. AUVSI is advocating for specific proposals that would generate demand for U.S.-made drones and supply-side measures that level the playing field for U.S. drone and component manufacturers against subsidized competition and dumping practices.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQZENA), EHang Holdings Limited NASDAQ: EHNASDAQEH)(NASDAQ: AVAVNASDAQAVAV, Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOSNASDAQ), ParaZero Technologies Ltd. (NASDAQ: PRZOPRZO).
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
The military drone maker cut its annual adjusted earnings forecast to $2.92 and $3.13 per share, compared with its earlier estimate of $3.18 to $3.49 per share.
The three major indices were mostly flat in midday trading Wednesday with the S&P 500 and Nasdaq slightly under the flatline and the Dow Jones up 39 points.
Aerospace and defense company AeroVironment (NASDAQAVAV) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 10.2% year on year to $167.6 million. The company’s full-year revenue guidance of $787.5 million at the midpoint came in 5.8% below analysts’ estimates. Its non-GAAP profit of $0.30 per share was 54.8% below analysts’ consensus estimates.
U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions.
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
BALA CYNWYD, Pa., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
