Shares of up-and-coming unmanned defense systems provider, AeroVironment (NASDAQ: AVAV), are down 10% this week as of market close on Thursday.

The next-gen defense contractor reported second-quarter earnings on Tuesday that exceeded Wall Street's sales expectations but missed its adjusted net income expectations by a wide margin.

AeroVironment's organic sales grew by 22% during Q2, but increased by 151% when including the company's recent acquisition of defense technology solutions provider BlueHalo.

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Source Fool.com