Core Insights - AeroVironment (AVAV) has been awarded a $4.8 million contract from the U.S. Coast Guard for the delivery of Mission Specialist Defender remotely operated vehicles (ROVs) through its VideoRay subsidiary, acquired this year as part of the BlueHalo acquisition [1][2][4] Company Overview - AeroVironment is headquartered in Arlington, Virginia, and specializes in unmanned and autonomous platforms, producing compact unmanned aerial systems and analytics tools for defense and government clients, with a market capitalization of $11.7 billion [4] Recent Developments - The Mission Specialist Defender ROV is designed to enhance the Coast Guard's maritime response capabilities, facilitating rapid underwater inspections, subsurface surveys, and search-and-rescue operations [2] - In addition to the Coast Guard contract, AeroVironment has secured a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the U.S. Army Contracting Command, valued at $874.26 million, supporting foreign military sales [8] Financial Performance - Over the past 52 weeks, AeroVironment's stock has increased by 40%, with a 21.69% rise in the last six months, although it is currently down 45.2% from its 52-week high of $417.86 reached in October [6] - The company's stock is trading at a high valuation, with a price-to-non-GAAP earnings multiple of 67.64x, significantly above the industry average of 21x [7]