Philadelphia – September 12, 2026 -- Berger Montague PC has opened an investigation into the Board of Directors of AeroVironment, Inc. (NASDAQ: AVAV) over potential breaches of fiduciary duty tied to the company's disclosures about competitive exposure under the U.S. Space Force's Satellite Communication Augmentation Resource (SCAR) program.
Law firm targets AeroVironment's handling of SCAR competition risk
The inquiry centers on whether AeroVironment's board improperly concealed the company's vulnerability to rival bidders for SCAR-related contract work, a program tied to U.S. military satellite communications infrastructure.
AeroVironment supplies drones and space technology to the Pentagon and allied governments
Headquartered in Arlington, Virginia, AeroVironment designs and manufactures autonomous systems, unmanned aircraft systems, loitering munitions, and space and directed-energy technologies for the U.S. Department of Defense, allied governments, and commercial clients.
Investigation focuses on fiduciary duties owed to shareholders
Berger Montague is examining whether directors and officers met their fiduciary obligations to the company and its shareholders regarding disclosure of competitive risk under the SCAR contract framework.
Shareholders of AeroVironment seeking further information on the investigation can contact Berger Montague attorneys Andrew Abramowitz or Caitlin Adorni.