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Business/Financial

Space Force Terminating AV’s SCAR Contract; Previous Stop Work Order Leads To Third Quarter Loss

By Cal Biesecker

Wednesday, March 11th, 2026

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Space Force Terminating AV’s SCAR Contract; Previous Stop Work Order Leads To Third Quarter Loss

AV's BADGER unit for the Satellite Control Augmentation Resource. Photo: AeroVironment

AeroVironment [AVAV] on Tuesday evening said the Space Force that day decided to terminate for convenience the company’s contract for a network of satellite control antenna after the parties failed to agree on a firm-fixed-price contract that provides the service with a commercialized product solution. A stop work order issued in January for the Satellite Communication Augmentation Resource (SCAR) program forced AV to take a $151.3 million, $2.95 earnings per share (EPS), charge in the third quarter of its fiscal…

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