AeroVirond wins $500 million contract from the US Department of Defense, with stock price rising over 16% during trading

On July 2nd, AeroVirond rose over 16% during trading, reaching a high of $200.38, a new high since June 5th. AeroVirond was awarded a fixed price contract worth $500 million by the US Department of Defense to provide commercial anti unmanned aerial systems and anti small unmanned aerial vehicle capabilities.