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AeroVironment shares plunge 70% from peak following loss of federal contract

The Motley Fool +1 · ·by G4L

AVAV
AVAV AeroVironment Inc
$120.84 -2.86%
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  1. 1AeroVironment shares have recorded a 70% decline from their peak.
  2. 2The US Space Force issued a stop-work order on a $1.7 billion federal contract.
  3. 3The all-stock acquisition of AeroVironment BlueHalo in 2025 was valued at $4.1 billion.

So what's the key point?

The US Space Force ordered a halt to a $1.7 billion contract. AeroVironment shares have fallen 70% from their highest point.

Source The Motley Fool +1 · View original ↗

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