AeroVironment Inc (AVAV.O)
26 Sep 2017
Latest Key Developments (Source: Significant Developments)
AeroVironment Inc:Announced Wahid Nawabi has been named president in addition to his role as chief operating officer, effective immediately.Tim Conver will continue as chairman and chief executive officer of AeroVironment. Full Article
AeroVironment Inc:Says for FY 2016, the company continues to expect revenue of between $260 million and $280 million, and a gross profit margin of between 36 percent and 37.5 percent, net of reserve effect.FY 2016 revenue of $266 million - Thomson Reuters I/B/E/S. Full Article
AeroVironment Inc has been awarded a firm-fixed-price contract from the United States Army totaling $18,485,495
AeroVironment Inc:Says has been awarded a firm-fixed-price contract from the United States Army totaling $18,485,495 to supply initial RQ-11B raven unmanned aircraft systems, spare parts and contractor logistics services to seven allied nations through Foreign Military Sales program. Full Article
NEW YORK U.S. stocks rose on Wednesday after stronger-than-expected U.S. economic growth outweighed concerns about escalating tensions between the United States and North Korea and uncertainty in the aftermath of Hurricane Harvey.