USSOCOM Selects AeroVironment For $22M Beyond Line Of Sight ISR Services Award


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • AeroVironment, Inc. (NASDAQ:AVAV) has secured a competitive task order valued at $22 million from the U.S. Special Operations Command (USSOCOM) for ISR services using JUMP 20 medium unmanned aircraft systems at an undisclosed customer location.
  • AeroVironment JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing unmanned aircraft that the company uses to provide advanced multi-sensor intelligence, surveillance, and reconnaissance (ISR) services.
  • The ISR services include the first SATCOM-enabled unmanned aircraft system for beyond line of sight operations as part of the existing Indefinite Delivery, Indefinite Quantity (IDIQ) MEUAS IV contract.
  • The task order specifies a 12-month period of performance and multiple follow-on option years for ISR services.
  • Price action: AVAV shares are trading higher by 0.16% at $98.32 on the last check Tuesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsContractsBriefs