Berger Montague Probes AeroVironment Board Over SCAR Program Disclosures
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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.