AeroVironment Shares Are Trading Higher Monday: What's Going On?
1. AeroVironment secured a $240 million contract for laser communication systems. 2. The terminals will operate in varying space conditions and support high-bandwidth data. 3. This order signifies a transition from lab testing to real-world deployment. 4. Earnings announcement is expected post-market close with analysts projecting positive results. 5. AVAV shares rose 4.79% following the contract announcement.