AeroVironment is a publicly listed company tracked for investment-relevant business developments.
AVAV is a pure-play drone supercycle beneficiary: drone revenue up 70%, acquired Blue Halo for $5-10/shot laser weapons vs $20-30K missiles, won $465M Army contract. Trades at 3.5x forward sales vs 4-6x comps. Two equity curves for price of one (offense + defense). Government moves slowly but Europe rearming above GDP targets provides multi-year tailwind.