Aevex Shares Jump 11.3% on $15.6M Air Force Contract

Aevex shares jumped 11.3% in after‑hours after announcing a $15.6 million U.S. Air Force contract and Q1 results.
Q1 2026 revenue rose 307% YoY to $216.7 million, driven by $161 million growth in Tactical Systems segment.
Net income turned positive at $21.0 million versus a $27.3 million loss a year earlier; Adjusted EBITDA $36.4 million.
Company projects FY2026 revenue $600‑$620 million and Adjusted EBITDA $88‑$94.5 million, with 93% backlog conversion.