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. Read More
PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Commercial Drones are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in the commercial sectors. They are commonly termed drones and are mostly known for their wide usage in various functions, such as Surveying & Mapping, Inspection & Monitoring among others. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area. Drones are being increasingly adopted in industries such as agriculture for crop monitoring, in construction for site inspection, in energy for inspecting power lines among others. The versatility of drones to perform various tasks efficiently is driving their adoption. A report from MarketsAndMarkets said that the Commercial Drone market is projected to grow from USD 5.32 billion in 2024 to USD 9.34 Billion by 2030, at a CAGR of 11.2% from 2024 to 2030. The report said: “As drone technology advances, regulatory bodies globally are proactively shaping clearer and more supportive regulations to facilitate drone operations. This strategic initiative aims to lower operational barriers and enhance safety, thereby accelerating the adoption of drones across various sectors. Enhanced regulatory frameworks are anticipated to unlock significant business opportunities and drive innovation in drone applications.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), AeroVironment, Inc. (NASDAQ: AVAV), EHang Holdings Limited (NASDAQ: EH).
Looking back on defense contractors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Parsons (NYSE:PSN) and its peers.
PALM BEACH, Fla., April 03, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. According to Fact.MR, a market research and competitive intelligence provider, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said; “The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), AgEagle Aerial Systems Inc. (NYSE: UAVS), Unusual Machines, Inc. (NYSE American: UMAC), AeroVironment, Inc. (NASDAQ: AVAV).
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 Mercury Systems (NASDAQ:MRCY) and the best and worst performers in the defense contractors industry.
AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) today announced that its stockholders have approved the issuance of AV common stock in connection with the Company’s pending acquisition of BlueHalo LLC (“BlueHalo”) at a Special Meeting of Stockholders held earlier today.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Leidos (NYSE:LDOS) and the rest of the defense contractors stocks fared in Q4.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the defense contractors industry, including BWX (NYSE:BWXT) and its peers.
AV, through its wholly owned subsidiary Telerob, has been awarded a significant contract to deliver 41 large-sized advanced EOD/IED uncrewed ground vehicles (UGV) to the German Federal Armed Forces. Initial deliveries are scheduled for summer 2025, with additional orders extending through 2027.
The military landscape has always been a dynamic arena, shaped by technological advancements, geopolitical shifts, and evolving threats. As we stand in 2025, the world is on the cusp of transformative changes that will redefine how nations defend their interests, project power, and maintain peace—or wage war. From artificial
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 defense contractors stocks, starting with Northrop Grumman (NYSE:NOC).
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6.2% over the past six months. This performance was discouraging since the S&P 500 stood firm.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how General Dynamics (NYSE:GD) and the rest of the defense contractors stocks fared in Q4.
AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how RTX (NYSE:RTX) and the rest of the defense contractors stocks fared in Q4.
