By Adriano Marchese
AeroVironment said Friday that the U.S. defense department has lifted the stop-work order issued last month.
The Department of the Army in February issued a stop-work order on certain existing U.S. government contracts, which included foreign military sales funded by the U.S. government by way of foreign military financing.
AeroVironment, a defense contractor, said that it is assessing the effect of the delay caused by the issuance of the stop-work order and the timing of its fulfilment of its obligations under the applicable contracts.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 14, 2025 09:38 ET (13:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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