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AEVEX Corp. announced that the U.S. Navy is continuing operations of its Global Autonomous Reconnaissance Craft (GARC) and has extended the associated contract through 2027.
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AEVEX Corp. has secured two contracts totaling $41.6 million from the U.S. Navy's Portfolio Acquisition Executive for Robotic and Autonomous Systems for the production and operation of mine countermeasures systems.
AEVEX Corp. announced the date for the release of its financial results for the third quarter ended September 30, 2026.
AEVEX Corp (NYSE:AVEX) shares are climbing Thursday. The defense technology company pushed back on media reports claiming the U.S. Navy had put a stop to GARC drone boat orders.
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