This Defense Tech Innovator Just Crushed Earnings: What's Next?

1. AeroVironment reported Q4 earnings of $1.61 per share, beating estimates. 2. Quarterly revenue reached $275.05 million, exceeding expectations of $242.69 million. 3. Buy rating reiterated with a price target of $240, driven by strong LMS revenue. 4. Management addressed backlog drop due to contract expiration but remains optimistic. 5. Recent merger with BlueHalo is expected to enhance defense capabilities and growth.