US drone stocks jump as government eyes funding, while US pushes local production and aims for 300K drones by 2027. Meanwhile, China’s DJI releases independent security report to challenge FCC ban.
AIRO reported Q4 2025 revenue of $48.3M (up YoY) but missed Wall Street forecasts. 2026 guidance calls for 15-25% growth backed by $150M drone backlog.
Drone and defense tech leader AeroVironment reported a wider Q3 loss, missed estimates, and cut full-year forecasts due to timing delays and a setback in its space unit — but a record $1.1B backlog points to strong growth ahead.
AeroVironment invests $30M+ in Albuquerque manufacturing, creating 450+ jobs, while negotiating SCAR program contract amendment with U.S. Space Force for faster satellite comms delivery.
Raymond James downgrades AeroVironment to Underperform after the U.S. Space Force puts its major SCAR satellite program back out for bidding, risking a huge chunk of the company's backlog and future growth.
JPMorgan starts coverage on AeroVironment with an Overweight rating and $320 price target, highlighting strong growth in drones, counter-drone tech, and defense expansion.
