AeroVironment stock rises 10% as U.S. government approves military drone contract.

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AeroVironment rises 10% as GAO denies protest against drone maker (NASDAQ:AVAV)

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AeroVironment, Inc. recently disclosed in a Form 8-K filing with the Securities and Exchange Commission that the U.S. Government Accountability Office (GAO) has dismissed a protest filed on September 6, 2024. This protest challenged the U.S. Department of the Army’s decision to award a sole source indefinite delivery, indefinite quantity contract to AeroVironment related to […]

themarketsdaily.com

AeroVironment, Inc. (NASDAQ: AVAV) – U.S. Government Accountability Office Rejects Protest Related to Army Contract –

The Government Accountability Office has denied the protest of a contract awarded in August to AeroVironment worth up to $990 million for the Switchblade loitering munition system, according to GAO's website. The Army awarded the AeroVironment contract Aug. 27 in support of its lethal unmanned systems directed requirement aimed at equipping infantry battalions with loitering munition systems. Mistral Inc, a company that produces tactical UAVs, i…

insidedefense.com

GAO denies protest of Aerovironment Switchblade contract

The Government Accountability Office has denied a protest of the nearly $1 billion contract award to AeroVironment [AVAV] for its Switchblade loitering munitions, the company said Tuesday. Mistral Inc., a […]

Defense Daily

GAO Denies Protest Of Army’s Nearly $1 Billion Switchblade Award To AeroVironment - Defense Daily

On September 6, 2024, Mistral filed a protest with U.S. Government Accountability Office (GAO) challenging the U.S. Army’s sole-source award of a $990 milli ...

soldiersystems.net

GAO Denies Mistral’s Protest Against Purchases of AeroVironment Switcblade Loitering Munitions

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Why AeroVironment Stock Flew Higher Today @themotleyfool #stocks $AVAV

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