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Form 8-K · Current Report · Filed 2026-01-20

U.S. Government Issues Stop Work Order on AeroVironment's SCAR Program

On January 16, 2026, the U.S. Government issued a stop work order on AeroVironment, Inc.'s Other Transaction Agreement for the delivery of BADGER phased array antenna systems under the Satellite Communication Augmentation Resource (SCAR) program. The stop work order enables negotiations for an amended agreement, expected to be a firm-fixed price agreement, under new requirements for the program. Despite this development, AeroVironment expects to continue delivering capabilities and products for the SCAR program.

Filer
AeroVironment Inc. AVAV · NASDAQ
Filed
Accession
0001104659-26-004855
CIK
0001368622
Signal
Medium impactIndustrials

Items reported

Item events

Reported Item

Contract Termination Material Agreement Amendment

Market reaction

Close before filing

$392.86

Next session

-18.6%

Since filing

-62.0%

Latest close

$149.37

What happened, not what will happen — closing prices around the filing date.

About AeroVironment Inc.

AeroVironment Inc. is a leading technology company specializing in unmanned aerial systems (UAS) and related products. Primarily serving defense, public safety, and commercial markets, AeroVironment's products are known for their innovation in surveillance, reconnaissance, and tactical operations. It develops and manufactures small, unmanned aircraft systems, tactical missile systems, and electric vehicle charging solutions, contributing significantly to both military and renewable energy sectors. AeroVironment has established itself as a vital player by providing key reconnaissance and surveillance capabilities to defense forces globally, enhancing situational awareness and operational effectiveness. The company's focus on energy-efficient and environmentally friendly technologies underscores its commitment to sustainability. Founded in 1971 and headquartered in Arlington, Virginia, AeroVironment's extensive expertise and pioneering technologies continue to advance the capabilities of UAS, playing a crucial role in modern intelligence and security operations. The company's influence extends across several industries, contributing to innovations in renewable energy infrastructure and achieving strategic breakthroughs in aerial system design and application.

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