AeroVironment (AVAV): Firing $10 lasers & weaponizing negative cash flow [Q4 2026]

AeroVironment's record Q4 2026 blends sci-fi milestones like $10 anti-drone lasers with the harsh reality of government bureaucracy and botched merger math.In ~10 minutes:• Firing directed-energy lasers off a nuclear supercarrier 🚢• Why management expects negative FY27 free cash flow• Plowing 14% of revenue into a massive capacity moat• How an external auditor missed an $89M tax asset• Legacy service margins cratering due to M&A realignmentsWall Street sent shares surging 22% in extended trading on the massive EPS beat. However, looking closely at management's first-half guidance reveals a defense spending pipeline practically frozen by election-year politics.AeroVironment (AVAV) | Q4 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.