Owen Stevens & AeroVironment

Owen Stevens: Owen Stevens, director of contracting at the Space Rapid Capabilities Office, confirmed the United States's decision to move into a new acquisition strategy for the SCAR program.

AeroVironment: AeroVironment is the defendant in multiple class action lawsuits alleging securities fraud due to misleading statements about its SCAR program contract and business prospects. The company's stock price has significantly declined following disclosures about the contract's termination and goodwill impairment.