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AVAV stock has plunged 40% in a year despite a historic $464M Army laser contract and a record $1.5B funded backlog.
AeroVironment's LOCUST laser cuts drone intercept costs from millions to under $10 per shot, backed by 300 cartel drones already downed at the southern border.
Nawabi sold 28,265 shares at $139 while ***** ysts set a $226 average price target, leaving investors to weigh insider doubt against a 47x forward P/E.
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AeroVironment (NASDAQ:AVAV) chairman and chief executive Wahid Nawabi went on CNBC this week with an arithmetic problem for defense investors. Drones being thrown at Western militaries and border installations cost roughly $150,000 apiece, according to Nawabi, while the interceptors historically used to knock them down cost millions of dollars per shot. His pitch is that AeroVironment's LOCUST directed-energy laser, per Nawabi, brings that engagement cost down to less than $10 per shot.

#nawabi #avav #cost #locust
3 hours ago

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