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Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Aerovironment, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire Inc.·
A class action lawsuit has been filed against AeroVironment for allegedly making false statements about competition risks related to its SCAR program contract with the U.S. Space Force. The company faced a stop work order in January 2026 and subsequent contract termination in March 2026, resulting in a $151.3 million goodwill impairment and significant stock price declines totaling over 21%.
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