AeroVironment Stock Jumps as Defense Contractor Reports Strong Earnings, Boosts Guidance

Key TakeawaysAeroVironment shares soared to a record high Tuesday as the maker of technology for drones, missiles and other military applications posted better-than-expected quarterly results.Quarterly profit was nearly double estimates, and revenue beat forecasts, too.The company raised and narrowed its full-year revenue guidance. Shares of AeroVironment (AVAV) flew to a record high Tuesday as the maker of technology for drones, missiles, and other military applications posted better-than-expected quarterl ...