AEVEX is trading at $10.20, up +5.75%, as its rebuttal to Navy-halt reports may have contributed to an after-hours rebound.
- Shares closed at $9.64 after a 32.74% drop on October 21.
- Bloomberg reported the Navy suspended further purchases of BlackSea autonomous reconnaissance boats over performance concerns.
- AEVEX said no orders were halted, no additional vessels had been planned, and the Navy continues operating its fleet; it also cited ongoing contract work and upgrades.