AeroVironment (AVAV) said Wednesday it has been awarded a $464.8 million contract by the US Army's Portfolio Acquisition Executive for Fires program office for the Enduring-High Energy Laser program.
Under the agreement, AeroVironment will deliver dozens of its LOCUST X3 laser weapon systems over the next few years to support the Army's air defense against group 1-3 unmanned aircraft systems, the company said.
Price: $145.81, Change: $+1.64, Percent Change: +1.14%
American Healthcare REIT (AHR) completed the acquisitions of six Kensington Senior Living communities comprising 464 units for $572 million.Two additional communities are subject to definitive purchase agreements and are expected to close in Q4, subject to conditions, American Healthcare said Tuesday in a statement.The full eight-community portfolio has 745 units with an aggregate contract purchase price of $873 million, the company said. Kensington will continue operating the communities after the closings.The transaction establishes a long-term strategic partnership, American Healthcare said.American Healthcare shares rose 3.6% in after-hours trading.
Gitlab (GTLB) reported Tuesday Q2 adjusted earnings of $0.24 per diluted share, unchanged from a year earlier.Analysts polled by FactSet expected $0.18.Revenue for the quarter ended July 31 was $286.3 million, up from $236.0 million a year ago.Analysts expected $273.1 million.GitLab expects Q3 adjusted EPS of $0.19 to $0.20 on revenue of $281 million to $283 million. Analysts expect $0.18 and $280.9 million, respectively.For fiscal 2027, the company currently expects adjusted EPS of $0.85 to $0.87 on revenue between $1.129 billion and $1.133 billion. Analysts expect $0.81 and $1.12 billion, respectively.
Honeywell Aerospace (HONA) has agreed to pay over $2 million to settle allegations that it failed to comply with cybersecurity requirements in a US Department of Defense contract, the US Department of Justice said Tuesday.The settlement resolves allegations that, from April 2020 through Dec. 2023, a unit of Honeywell International (HON) submitted false claims for payment after failing to meet cybersecurity requirements for one of Honeywell's networks.Honeywell Aerospace became a standalone company on June 29 after separating from Honeywell International.Shares of Honeywell Aerospace were down 2.4% in late afternoon trading.Price: $154.42, Change: $-3.69, Percent Change: -2.33%