AeroVironment sinks 16% in two days as rival drone maker clears $300M deal (NASDAQ:AVAV)
2024-06-21
alxpin/E+ via Getty Images AeroVironment (NASDAQ:AVAV) closed -7% on Friday after the U.S. State Department cleared the potential sale of rival Anduril Industries’ Altius 600M-V unmanned aerial vehicles to Taiwan in a ~$300M deal. The sale would include 291 Altius 600M-V systems, Altius 600 inert training UAVs, Pneumatic Integrated LaunchContinue Reading