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Jul. 17, 2013, 12:31 PMAeroVironment (AVAV +12.3%) issues a response to Engaged Capital's earlier announcement of a 5.1% stake in the company, saying it welcomes open communications with all of its stockholders and values their input towards the goal of enhancing stockholder value. The company notes that the board regularly evaluates its capital structure and capital allocation priorities, and is confident that its strategy best positions AVAV to compete effectively and deliver superior returns. | Comment!
Feb. 6, 2012, 11:08 AMGoldman Sachs raises its rating on AeroVironment (AVAV +3.9%) to Buy from Neutral, noting the company's "high potential" as a merger and acquisition candidate, above-average returns on capital, exposure to growth markets such as UAVs and electric vehicle battery charging, and an attractive valuation. | 1 Comment
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AeroVironment Inc is engaged in the design, develop, produce, support and operate a technological portfolio of products and services. It supplies unmanned aircraft systems, UAS, tactical missile systems and related services within the US DoD.
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