AeroVironment, based in Arlington, Virginia, specializes in unmanned aircraft systems and electric transportation, employing 1,403 staff since its IPO in 2007. Its divisions include Uncrewed Systems, Loitering Munition Systems, and MacCready Works.
AVAV has been in the news recently: AeroVironment Inc (AVAV) experienced a 7% drop in share value after announcing a $750 million stock offering and $600 million in notes, despite an overall increase of 85% in value this year. The company's revenue increased by 15% this quarter, indicating strong performance in its market segment.
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