AVAV has been in the news 643% more than usual
Mar 02, 2026, 7:31 PM
-8.32%
What does AVAV do
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's shares decreased by 20% after Raymond James downgraded the stock due to the company losing exclusivity on a $1.4 billion contract with the U.S. Space Force. This drop occurred amid a broader decline in U.S. stocks, with the Dow Jones index falling over 150 points on the same day.
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