$AVEX

AEVEX Corp. (NYSE: AVEX) announced its autonomous vessel, GARC, completed over 25,000 operational hours for the U.S. Navy. The company acquired BlackSea for its maritime autonomous systems and is advancing next-generation platforms. The Navy continues to invest in and enhance the GARC fleet, with contract modifications increasing its value. AEVEX aims to deliver advanced autonomous solutions for defense customers.

AEVEX Corp. (AVEX) updated its Maritime Systems strategy, confirming the Navy GARC contract now totals ~$350M and extends to June 2027. The company stated no orders were halted, addressing program continuity concerns. The update reaffirms existing backlog but lacks new awards or funded milestones.

Aevex Corp shares fell 5.2% after the U.S. Navy suspended orders for its autonomous speedboat, citing hardware and performance issues. The Navy spent $137M on the program before pulling back. Aevex acquired the boat's maker, BlackSea, for $650M in 2026. The company also faces a securities fraud lawsuit. Analysts maintain a Buy rating, but the stock is near its 52-week low of $13.07.

Aevex acquired BlackSea Technologies, expanding into maritime autonomous systems. BlackSea contributes 350 USVs, 25,000 operational hours, and a Baltimore facility. Aevex adds autonomy software and scaling experience.

RBC Capital reduced Aevex Corp's (NYSE:AVEX) price target to $26.00 from $31.00, citing revenue visibility concerns. The stock is down 46% over six months. Aevex reported Q2 2026 revenue of $201.8M, up from $102.5M last year, and a net income of $6.7M. Analysts have mixed views on the stock's potential.

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.

Aevex Corp (AEVEX) stock rose 3.5% in pre-market trading after securing a $92.2M contract with the Department of Defense for its SkyRange program, modernizing hypersonic flight test infrastructure. The company has seen recent government awards and a marketing partnership with the Washington Commanders. The broader market is also up, with the S&P 500, Dow, and Nasdaq gaining.

AEVEX Corp. (NYSE: AVEX) announced a multi-year partnership with the Washington Commanders, starting in the 2026 NFL season. The deal includes brand presence at Northwest Stadium and participation in military appreciation programs. AEVEX provides defense technology solutions, while the Commanders are an NFL team based in Maryland.

AEVEX Corp. (AVEX) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Press Release For Immediate Release Exhibit 99.1 AEVEX Completes Acquisition of BlackSea Technologies, Creating One of the Defense Industry’s Most Capable Multi-Domain Autonomous Systems Providers Closing advances AEVEX’s strategy by combining battle-proven air, surface, and subs

Piper Sandler initiated coverage on Aevex Corp (NYSE:AVEX) with a Neutral rating and a $20 price target. The stock is down 37% from its 52-week high. Piper Sandler noted Aevex's strong UAS technology but cited risks to future growth. Aevex reported 64% revenue growth and a net income of $6.7 million in Q2 2026, raising full-year guidance.