Parry Labs Partners with AV to Enhance P550 UAS Capabilities for Army's LRR Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12h ago
0mins
Source: PRnewswire
- Technical Collaboration: Parry Labs partners with AV to develop the P550 UAS for the U.S. Army's Long Range Reconnaissance mission, ensuring the platform evolves with mission needs and interoperates across the Family of Systems, enhancing military operational capabilities.
- System Integration: Parry Labs embeds its proven mission system components into the P550, leveraging Model-Based Systems Engineering (MBSE) and open software environments to assist AV in implementing the capabilities required by the LRR program, ensuring future integration of new capabilities.
- Software Infrastructure: Through a multi-year Enterprise License Agreement, Parry Labs provides STRATIA software to rapidly scale the adoption of open systems software across AV's product lines, simplifying the integration of command and control, autonomy, and AI applications while reducing implementation costs and time.
- Strategic Significance: This collaboration not only strengthens the modular mission systems foundation of the P550 but also enhances its payload flexibility and software update capabilities, ensuring it meets the Army's Long Range Reconnaissance requirements and showcasing Parry Labs' unique expertise in addressing government needs.
Analyst Views on AVAV
Wall Street analysts forecast AVAV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVAV is 389.57 USD with a low forecast of 300.00 USD and a high forecast of 486.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
15 Buy
0 Hold
0 Sell
Strong Buy
Current: 344.960
Low
300.00
Averages
389.57
High
486.00
Current: 344.960
Low
300.00
Averages
389.57
High
486.00
About AVAV
AeroVironment, Inc. is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. The Company’s segments include Autonomous Systems (AxS) and Space, Cyber, and Directed Energy (SCDE). The AxS segment focuses on the design, development, production, delivery, and support of intelligent, multi-domain robotic systems, including uncrewed aircraft systems (UAS) and ground robot systems. It includes the Company’s former Uncrewed Systems, Loitering Munitions Systems, and MacCready Works segments as well as Radio Frequency and Kinetic Counter-UAS Electronic Warfare Systems and others. The SCDE segment focuses on advanced technologies in the space domain providing space-based and ground-based platforms, cyber capabilities, and directed energy systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
