Why AeroVironment Stock Is Flying Higher Today
The Pentagon is doubling down on drone procurement, and one of its biggest drone vendors is trading higher as a result.
Shares of AeroVironment (NASDAQ: AVAV) were trading up 9.2% as of 12:01 p.m. ET Friday after Defense Secretary Pete Hegseth on Thursday afternoon issued new orders to his department that are intended to fast-track U.S. drone production and deployment.
Image source: AeroVironment.
Source Fool.com
Aerovironment Stock
€215.90
0.700%
The stock is one of the favorites of our community with 29 Buy predictions and 1 Sell predictions.
With a target price of 220 € there is a slightly positive potential of 1.9% for Aerovironment compared to the current price of 215.9 €.
