AeroVironment Statement Regarding DARPA Phase Three Tern Decision

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AeroVironment (AVAV) Was Not Selected for Phase III of DARPA's Tern Program

September 22, 2015 9:11 AM EDT

AeroVironment (NASDAQ: AVAV) announced it was informed by the Defense Advanced Research Projects Agency (DARPA) that the company was not selected to receive a phase III contract for DARPAs Tern program. The announcement came after a competition for the phase III contract... More