:

Business/Financial

AeroVironment Posts Strong Fourth Quarter, Sees More Of the Same In New Year

By Cal Biesecker

Wednesday, June 25th, 2025

SHARE:

AeroVironment Posts Strong Fourth Quarter, Sees More Of the Same In New Year

Switchblade 600 loitering munition. Image: AeroVironment

AeroVironment [AVAV] on Tuesday evening reported strong fourth quarter results driven by record revenue and a handsome bottom-line. Sales in the quarter grew 40 percent to a record $275.1 million versus $197 million a year ago, while net income soared 180 percent to $16.7 million, 59 cents earnings per share (EPS), from $6 million (22 cents EPS) a year ago. Excluding acquisition-related expenses, goodwill impairment, and other non-operating items, adjusted per share earnings of $1.61 topped consensus estimates by 21…

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]