US Army to Spend $400 Million on AeroVironment Counter-Drone Lasers
The US Army plans a $400 million deal for AeroVironment’s Locust lasers, the Pentagon’s first production contract for directed-energy counter-drone systems.
The US Army plans a $400 million deal for AeroVironment’s Locust lasers, the Pentagon’s first production contract for directed-energy counter-drone systems.
Lockheed Martin drives defense sector gains with beat-and-raise Q2 earnings, record backlog, and higher 2026 outlook fueled by missile demand.
Raymond James upgrades AVAV to Outperform with $210 target.
Strong “Outperform” ratings from Wedbush on AeroVironment and Kratos Defense. Defense drone and multi-domain tech poised for growth.
AeroVironment reported record Q4 FY2026 revenue of $641.6M (+133% YoY) and non-GAAP EPS of $1.84, beating expectations.
AeroVironment stock fell after it found an accounting error, overstating assets and losses, requiring a report restatement.