ANALYSIS: AeroVironment plays catch-up with new Switchblade types

After falling behind several new competitors, pioneering loitering-munition manufacturer AeroVironment is working on a bigger Switchblade variant, as well as several new uses for its legacy weapon. Additionally, the company believes it is close to receiving US State Department approval for a license to export its loitering munition, says AeroVironment chief executive officer Wahid Nawabi during a 3 December earnings call.

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