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Aerovironment

All articles tagged with #aerovironment

Space Force Cancels AeroVironment SCAR Contract, Shifts to Open Competition for Satellite Antennas
defensespace-technology1 month ago

Space Force Cancels AeroVironment SCAR Contract, Shifts to Open Competition for Satellite Antennas

The U.S. Space Force terminated AeroVironment’s roughly $1.7 billion SCAR contract for mobile satellite-control antennas after unsuccessful renegotiations, signaling a shift from a single-vendor approach to an open, commercially developed procurement. AeroVironment will recompete and adapt the BADGER design for commercial use, while the company pursues other Space & Directed Energy products amid a lower 2026 revenue outlook and a large backlog. BlueHalo (the project’s ground terminal builder) is now tied to the broader program through AeroVironment via prior acquisition, and some terms may affect long-term revenue while maintaining potential future customers for the tech.

Zscaler's Earnings Propel Stock Surge After Hours
business2 years ago

Zscaler's Earnings Propel Stock Surge After Hours

In after-hours trading, Zscaler's stock slipped 1% despite a better-than-expected report for its fiscal fourth quarter, while GitLab's stock jumped 4% following a strong second-quarter report. Gogo's stock advanced 3.5% after announcing a share repurchase program, while Asana's stock slipped 2.8% despite a strong report. AeroVironment's shares added nearly 12% after beating analysts' expectations in its fiscal first quarter.