AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback
AeroVironment slashed its full-year revenue and adjusted earnings guidance Tuesday, following word from the U.S. government that it plans to terminate the BADGER agreement linked to the Space Force’s Satellite Communications Augmentation Resource program. The company will still be eligible to bid on future contracts. Shares dropped in after-hours trading after the revenue miss and news of the contract loss landed.
