Red Cat, Ondas Miss the Cut in Pentagon's Latest Drone Dominance Round (CORRECTED)
Pentagon Gauntlet II favored private drone firms; RCAT and ONDS missed the top five, while UMAC offers supplier exposure to winners.
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Jefferies analyst Greg Konrad maintains AeroVironment (NASDAQ:AVAV) with a Buy and lowers the price target from $229 to $204.
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Pentagon Gauntlet II favored private drone firms; RCAT and ONDS missed the top five, while UMAC offers supplier exposure to winners.
Nominal, a test and operations data platform for hardware engineering teams, announced a strategic collaboration with AeroVironment (NASDAQ: AVAV) to support the defense contractor's scaled production of autonomous systems and uncrewed aircraft. The partnership enables AeroVironment to integrate test data capture, cross-team review, and traceability across multiple programs and manufacturing facilities while maintaining quality and rigor during rapid industrialization.