Space Force terminates AeroVironment SCAR satellite‑control antenna contract; CEO confirms, AVAV shares fall
The U.S. Space Force has officially terminated its SCAR contract with AeroVironment for satellite‑control antennas. CEO Wahid Nawabi confirmed the termination, which prompted investor concern and a sell‑off in AVAV shares as markets reassess the company’s near‑term revenue outlook.