AeroVironment Expands Operations with Long-Term Utah Facility Lease

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge-fund level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialAeroVironment ( (AVAV) ) just unveiled an announcement. On December 18, 2025, AeroVironment, Inc. signed a long-term lease for approximately 130,733 square feet of space at 4387 West 2100 South in West Valley City, Utah, with base monthly rent starting at $146,420.96 and escalating through the 126-month term, and with the company also responsible for a proportionate share of operating expenses such as property taxes. The lease includes two options to extend the term for additional five-year periods at then-current market rents (but not less than the final month’s base rent), indicating a significant and potentially enduring expansion of AeroVironment’s operational footprint that could support future growth and capacity needs in its defense and unmanned systems business. The most recent analyst rating on (AVAV) stock is a Buy with a $285.00 price target. To see the full list of analyst forecasts on AeroVironment stock, see the AVAV Stock Forecast page. Spark’s Take on AVAV Stock According to Spark, TipRanks’ AI Analyst, AVAV is a Neutral. AeroVironment’s overall stock score reflects significant financial challenges and bearish technical indicators. However, the positive earnings call, with record contract awards and raised revenue guidance, provides some optimism. The valuation remains a concern with a negative P/E ratio and no dividend yield. To see Spark’s full report on AVAV stock, click here. More about AeroVironment AeroVironment, Inc. operates in the aerospace and defense industry, specializing in unmanned aircraft systems and related technologies that support military, government, and commercial customers. The company focuses on providing advanced aerial intelligence, surveillance, and reconnaissance solutions and other high-tech defense capabilities in both U.S. and international markets. Average Trading Volume: 1,090,834 Technical Sentiment Signal: Buy Current Market Cap: $12.13B For a thorough assessment of AVAV stock, go to TipRanks’ Stock Analysis page.