Aug. 21 at 1:44 PM
$AVAV Stock Hub updated — AeroVironment announced AV Eagle, a majority-owned joint venture with Eyeonix in Greece.
The venture is expected to become operational in FY2027. A potential Greek facility could manufacture and assemble UAS, loitering munitions and counter-UAS systems, with production capability targeted for 2028.
Key caveat: no contract value, customer order, committed facility investment or incremental revenue guidance was disclosed.
Full update: https://www.merlintrader.com/aerovironment-stock-hub/