Do you think this growth is sustainable or will tap out after the war ends or stalemates? Do you own any other defense contractors? I own $KTOS and am debating buying $RTX after their stock stops tanking.
"Revenue leapt 40% to $152.3 million for the quarter. Analysts polled by FactSet expected earnings of 26 cents per share on $128.5 million in revenue.
On Aug. 22, AeroVironment announced plans to acquire Tomahawk Robotics for $120 million in a cash and stock deal on. Tomahawk makes AI-enabled robotics control systems, which AeroVironment believes will improve its unmanned systems and drone performance as well as drive incremental revenue growth."
[link] [comments] https://www.reddit.com/r/stocks/comments/16c3lfw/aerovironment_avav_up_20_after_monstrous_revenue/
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