Investors rattled as small drone-maker faces budget cuts

AeroVironment, based in Monrovia, Calif. is a small maker of unmanned drones, and the Pentagon's interest in such weaponry helped propel the firm to prominence. Now the company faces the effect of sequestration cuts and investors are nervous. It's emblematic of the problems small contractors face...

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This news summary appeared in AIA dailyLead® on 03/14/2013
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