AeroVironment, Inc. (AVAV), Alliant Techsystems Inc. (ATK), Raytheon Company (RTN): This Military Contractor Has a Secret Weapon

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Foolish takeaway

Historically, military contractor AeroVironment, Inc. (NASDAQ:AVAV) has more resembled Lockheed Martin Corporation (NYSE:LMT) than it has Raytheon Company (NYSE:RTN) — selling the Pentagon drones that, although they may occasionally break down, become obsolete, or crash, generally are intended to be reusable. The Switchblade, in contrast, is a “kamikaze” drone. Its purpose in life is to find a target upon which to blow itself up.

At which point … lather, rinse, repeat — and AeroVironment gets to cash another paycheck.

The article This Military Contractor Has a Secret Weapon originally appeared on Fool.com and is written by Rich Smith.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends AeroVironment and owns shares of AeroVironment, Lockheed Martin, and Raytheon. 

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