$AVAV

AeroVironment reported Q4 fiscal 2026 earnings with revenue up 133% YoY to $641.6M, beating estimates. Net income rose 278% to $63.2M, with adjusted EPS at $1.84. The company expects fiscal 2027 revenue of $2.125B-$2.225B and adjusted EPS of $3.02-$3.34. Analysts maintain a 'Strong Buy' rating with an average price target of $238.40, implying 67% upside.

AeroVironment secured a $464.8M contract for the Enduring-High Energy Laser (E-HEL) program, supplying LOCUST X3 laser weapon systems to the U.S. Army. The contract, under an OTA, includes system support and training. The 30-kW systems are designed for integration with various platforms, marking a shift from prototypes to production for laser weapons. Production will be supported by a $30M investment in the company's Albuquerque facility.

Shares of U.S. drone manufacturers and suppliers rose after President Trump's 100% tariffs on foreign drone imports took effect. AeroVironment gained due to a $465M Army contract. The tariffs apply to unmanned aircraft systems, parts, and components.

U.S. defense firms Shield AI and AeroVironment are increasing sourcing from Taiwan for autonomous systems. Shield AI's Taiwan-sourced components rose from <1% to 16% in 2024, aiming for 25%. AeroVironment sourced $20M+ from Taiwan in 3 years. Both companies collaborate with Taiwanese partners for development and integration, citing standardization and supply chain challenges.

AeroVironment (AVAV) rose 6% to $153.93 after securing a $464.8M U.S. Army contract for laser weapon systems. Unusual Machines (UMAC) and Red Cat (RCAT) also gained, up 1% and 3% respectively, on sector sentiment. The award is the first production contract for directed energy in U.S. history, according to AeroVironment.

AeroVironment won a $464.8m contract from the US Army for its 30-kilowatt laser system, the first production deal for directed energy systems in US history. The lasers, part of the Enduring-High Energy Laser program, are designed to counter small and medium drones. The Army previously used a similar laser to down three drones near the Mexican border in August. The contract allows for faster acquisition and includes support and training. AeroVironment reports earnings on 9 September and is expand

The global agriculture drone market is projected to grow from $5.19B in 2026 to $18.03B by 2034. ZenaTech (ZENA) announced its ZenaDrone subsidiary completed a prototype of the IQ Octo, an autonomous drone for precision spraying and seeding. The drone is designed to reduce input costs and improve efficiency. Draganfly (DPRO) received FAA exemption for its Heavy Lift drone, and AeroVironment (AVAV) secured a $464.8M contract for laser weapon systems.

AeroVironment (AVAV) won a $464.8M U.S. Army contract for laser defense systems, marking the first production contract for directed energy weapons. The deal supports the Army's Enduring-High Energy Laser (E-HEL) program and aligns with AeroVironment's projected growth. Analysts view it as a validation of the technology but note near-term financial impacts are already reflected in guidance.

AeroVironment has secured a $464.8M contract from the U.S. Army to deliver LOCUST X3 laser weapon systems. The multiyear deal includes system support and training. The contract is part of the Army's E-HEL program and marks the first production contract for a high-energy laser weapon system. AeroVironment plans to invest $30M in its Albuquerque facility to support production.

AeroVironment (AVAV) won a $464.8M U.S. Army contract for its LOCUST® X3 laser weapon systems under the Enduring-High Energy Laser (E-HEL) program. The contract marks the first production deal for directed energy systems in U.S. history, with AV delivering dozens of systems over several years. The LOCUST X3 is a 30-kilowatt platform-agnostic system, and the contract includes options for integration with various Army vehicles. AV plans to invest $30M in its Albuquerque facility to support product