📊 AeroVironment: stock skyrocketing thanks to billion-dollar contract with US military!

AeroVironment $AVAV, one of the leading manufacturers of drones, has seen its stock soar in recent days. This is due to a key contract from the U.S. Department of Defense, worth nearly $1 billion.

The contract, which runs until 2029, includes the delivery of special "suicide"Switchblade drones , which have the ability to destroy heavy armored targets including tanks and other key military targets on the battlefield. This technology strengthens the capabilities of the US armed forces and demonstrates how important unmanned systems are in modern warfare. 🎯

🔥This order provides the company with long-term visibility and stability that will support its growth through the end of this decade!

🛠️ AeroVironment has long focused on the development and production of drones for military and research purposes. In addition to working with the U.S. military, it also supplies its drones to the agency NASA. With its drone technology Switchblade the company has gained respect, particularly in the context of conflicts in Ukraine, where these unmanned systems have been used since the Russian invasion began. 🌍🔬

The company also produces reconnaissance aircraft Puma, which are hand-launched and provide fast, effective intelligence on the battlefield. AeroVironment thus covers a broad spectrum of defense technologies that are critical in the current and future military environment.

🗓️Firma will report its financial results for the first quarter of fiscal year 2025 on September 4. Although earnings per share are expected to decline by 38 % to 62 cents, sales will increase by 20 % to $183.2 million. Overall, sales are expected to reach $790-820 million in 2025 , up from $716.7 million the previous year. The company forecasts earnings of $3.18-3.49 per share, up 6-17 % from fiscal 2024.

💡With a billion-dollar contract in its pocket, the company is one of the leading players in the drone industry.

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