AeroVironment wins $315 million initial award; shares rise 10%
The defense contractor secured a $315 million initial award for product deliveries and support. Its shares rose 10% Monday.
By Anita HamiltonA contract worth less than $1 billion may not seem like much these days, but for drone maker AeroViironment it's a big deal.Shares of the defense contractor shot up 10% Monday after it announced that it had secured a $315 million initial award for "product deliveries and support" t…