The investigation specifically scrutinizes whether AeroVironment executives concealed material information about the company's exposure to heightened competition within the SCAR program. As a major supplier of unmanned aircraft systems and loitering munitions to the Department of Defense, the Arlington-based firm faces scrutiny over its transparency regarding these critical federal contracts. If proven that the board failed to disclose significant risks, the company could face substantial legal exposure related to investor losses.
Berger Montague Investigates AeroVironment Over Disclosure Failures
The Philadelphia-based law firm Berger Montague has launched an investigation into the Board of Directors at AeroVironment, Inc., targeting potential breaches of fiduciary duty. The inquiry centers on whether the defense contractor misled shareholders regarding its competitive standing for the U.S. Space Force's Satellite Communication Augmentation Resource program.
Shareholders seeking to participate in the ongoing review or discuss their legal rights are encouraged to contact Berger Montague attorneys Andrew Abramowitz or Caitlin Adorni. The law firm, which secured over $2.4 billion in post-trial judgments throughout 2025, is currently evaluating the extent of the alleged internal failures and their impact on the company's NASDAQ-listed stock performance.
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