Aevex Corp. (AVEX)
Aevex Corp. operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Solana Beach, CA, US. The stock last traded at $22.75, up 2.71% on the session, giving a market capitalisation of $1.28B. On trailing twelve-month figures it carries a trailing P/E of 51.70, a net margin of 7.2%. Its beta of 1.76 implies it has historically moved more than the broad market.
AEVEX Corp. functions as a holding entity, conducting its business through two distinct divisions: Tactical Systems and Global Solutions. The Tactical Systems segment is dedicated to the engineering, creation, and fabrication of autonomous platforms, including uncrewed aerial vehicles and unmanned surface vessels. Meanwhile, the Global Solutions division focuses on providing specialized services and critical mission support to clients within the defense and intelligence sectors. The company was founded in 2017 and its primary corporate offices are situated in Solana Beach, California.