There's just one day left to go before AeroVironment
Careful. That thing goes "boom."
That's right, folks: The Switchblade is finally in effect. Switchblade is a small unmanned aerial vehicle that's "launched" by firing it out of a bazooka. Once airborne, Switchblade can be flown like any other UAV off AV's common ground control unit -- flying around, looking for bad guys, streaming back live video of what it sees to its controllers. But it's what Switchblade does next that makes it unlike all other UAVs and makes it such a huge revenue opportunity for AV: Once Switchblade spots a bad guy, its controller can direct the UAV to ram the target and explode.
Now, many companies are working on weaponized UAVs -- Boeing
Investors responded positively to AV's Switchblade news last week, bidding the stock up 3% on after the $4.9 million contract was announced. Imagine how much more impressed they'll be when AV demonstrates that that first $4.9 million installment was only the beginning.
What will AeroVironment pull out of its bag of tricks next? Add it to your Watchlist and find out.
Fool contributor Rich Smith does not own (or short) shares of any company named above. The Motley Fool owns shares of Raytheon, Textron, and Lockheed Martin. Motley Fool newsletter services have recommended buying shares of AeroVironment.
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