Jim Cramer Weighs This Stock Against a Defense Sector He No Longer Favors
AEVEX Corp. (NYSE:AVEX) completed its acquisition of BlackSea Technologies, expanding into unmanned surface vessels. Q2 revenue grew 99.5% to $201.8M, with net income of $6.7M. Jim Cramer expressed skepticism about the defense sector, contrasting with his earlier optimism. AEVEX's backlog declined by $243.3M, but 95.1% is expected to convert to revenue within 12 months.



