AVAV is trading 4.2% down at $169.41 as investors react to new class action reminders regarding its SCAR program contract issues.
- A new July 2026 press release highlights a securities fraud lawsuit tied to a stop-work order for the BADGER antenna SCAR contract.
- The legal action stems from a prior $13.84 single-day drop, creating a significant legal overhang for the stock as it remains under pressure.