Jan 06, 2026

AeroVironment (AVAV) Stock Rallies 16% on $887M Army Contract

TLDR AeroVironment stock surged 16% on January 5, 2026, reaching $291.59 after securing $887M in U.S. Army drone contracts The defense contractor landed an $874M five-year deal plus a $13.2M order for P550 reconnaissance aircraft systems Second quarter revenue jumped 151% to $472.5M driven by the BlueHalo acquisition completed earlier in the year Call options [...]

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Source: Blockonomi →