AeroVironment, others awarded contract worth up to $248M from U.S. Army AeroVironment announced that the United States Army has selected it and four other companies to compete for future small UAS requirements under a new Firm Fixed-Price Indefinite Delivery Indefinite Quantity contract with a $248M maximum value. The contract will enable the continued procurement of AeroVironment’s RQ-11B Raven and RQ-20A Puma AE systems as well as competing medium- and long-range small unmanned aircraft systems.
AeroVironment tumbles after earnings, levels to watch The stock is down over 9.6% to $27.71 following results last night after the close. At that price next support is at $27.18. Resistance is at $28.31.