AeroVironment Lifts Earnings Outlook Amid Growing Demand, Record Backlog

Take a Trial Today BREAKING: Futures Mixed But Oracle Skyrockets On Blowout Outlook AeroVironment late Tuesday hiked its earnings outlook with its Q1 report as defense demand continues. Shares swung higher early Wednesday on results. The drone maker and defense technology provider on Monday announced another contract for its growing backlog. Like most defense stocks this year, Aerovironment (AVAV) has trended higher driven by proposed increases to the U.S. defense budget, greater spending… Related news Stoc ...