AeroVironment

AeroVironment beat revenue and adjusted EBITDA forecasts in the first fiscal quarter and reconfirmed its targets for fiscal 2027; the stock rose about 10% on the news. Revenue visibility for 2027 stands at 86%; funded backlog totals $1.5 billion and book-to-bill is 1.4/1.5. The company cites high-energy weapons, drone defense (counter-UAS) and international growth as the main drivers; the integration of BlueHalo is proceeding faster than planned and has already delivered substantial cost synergies. AeroVironment is targeting a CAGR of 15–20% through 2030 (revenue $3.5–4.0 billion) and an adjusted EBITDA margin of 18–20%. » Mere på de.investing.com

AeroVironment reported adjusted EPS of $0.59 and revenue of $480.5 million for Q1 of fiscal 2027, substantially above market expectations. Funded backlog rose to $1.5 billion and total backlog to $2.8 billion; bookings were $683 million (book-to-bill 1.4). The company won, among other contracts, a $465 million U.S. Army award for high-energy weapons, but left its full-year outlook unchanged and expects negative free cash flow for the year due to heavy investments. The stock fell in regular trading but recovered after hours as investors weighed the strong earnings surprise against cash‑flow and investment risks. » Mere på de.investing.com

The U.S. Army awards AeroVironment a $464.8 million contract for the 30-kilowatt LOCUST X3 laser defense system to combat Group-3 drones. According to the company, the system can disable targets within seconds and features low operational costs. The contract bolsters AeroVironment's position in the growing counter-drone technology market. » Mere på finanzen.net