AEVEX is trading at $12.48, down 12.97%, after Bloomberg reported on October 20, 2026, that the Navy suspended additional purchases of autonomous boats made by AEVEX’s recently acquired BlackSea unit.

  • The Navy cited ongoing hardware and performance issues, alongside cheaper alternatives.
  • The Navy had spent more than $130 million on the technology.
  • The reported procurement halt is a company-specific setback for the recently acquired business.