AeroVironment (AVAV) secures a $4.8 million contract from the U.S. Coast Guard to deliver Mission Specialist Defender ROVs to enhance maritime response capabilities. The company, with a market cap of $11.7 billion, specializes in unmanned defense technology. AeroVironment’s stock has gained 40% over the past year. The company has received multiple contracts, including an $874.26 million deal with the U.S. Army and a $95.9 million contract for the Long-Range Kinetic Interceptor program. In its second-quarter fiscal 2026 results, AeroVironment reported a 150.7% revenue increase but missed earnings expectations. Analysts expect strong future growth, with a consensus “Strong Buy” rating and a price target of $384.86.

Read more at Barchart: A $4.8 Million Reason to Buy AeroVironment Stock Today