AeroVironment (AVAV): Army has cancelled the stop-work order it issued in February 2025

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AeroVironment (NASDAQ: AVAV) disclosed:
The Department of the Army has cancelled the stop-work order it issued in February 2025 on certain existing U.S. government contracts previously awarded to AeroVironment, Inc. (the “Company”) for foreign military sales funded by the U.S. government via foreign military financing. The Company is assessing the impact of the delay caused by the issuance of the stop-work order and the timing of its fulfilment of its obligations under the applicable contracts.
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