AeroVironment Shares Slide as Rival Drone Maker Eyes $300m Win
<-rte-company state="{"_id":"00000190-3bea-d497-a7fb-ffef1b3d0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">AeroVironment-rte-company> shares have fallen as much as 15% over the past two sessions — on pace for their biggest such decline in over a year — after the US State Department approved a potential arms sale to Taiwan that hands private rival Anduril Industries an order that’s about five times bigger than what AVAV won.