$AVAV

After the White House announced new tariffs on imported unmanned aircraft systems and components, drone makers and suppliers’ shares rose on Friday. Reported moves include Unusual Machines up as much as 28%, Red Cat Holdings up 15%, AeroVironment up about 10%, and Kratos up 6.9%. Tariffs take effect in 21 days, with some component duties delayed 180 days, according to the White House.

Midday movers included Cisco (shares down 2% after HSBC cut its rating to Hold and price target to $120), Applied Materials (down 5% after Q2 adjusted EPS $3.50 on $9.12B revenue), Reddit (up 12% on S&P 500 inclusion Aug. 18), and Sandisk (up 6% after JPMorgan upgraded to Overweight). Other moves cited upgrades, tariffs, and guidance changes.

President Trump signed a proclamation imposing tiered tariffs on imported drones and unmanned aircraft parts, citing national security. Shares of Unusual Machines (NYSE:UMAC) rose 22% to $33.24, Red Cat Holdings (NASDAQ:RCAT) gained 8% to $11.02, and Ondas (NASDAQ:ONDS) rose 4% to $9.27. AeroVironment (AVAV) and Kratos (KTOS) rose 1% to 2%. Tariffs take effect in 21 and 180 days.

AeroVironment (AVAV) shares rose after Trump signed a proclamation imposing tariffs on imported unmanned aircraft systems. The order includes 100% tariffs on drones over 25 kg or with sensitive capabilities, and lower rates for some allied countries. The article cites AVAV trading above key moving averages and notes $200.50 resistance and $175 support.

Premarket shares rose for drone makers AeroVironment and Aevex and for Unusual Machines after the Trump administration signed a proclamation imposing tariffs up to 100% on imported drones and components to decouple supply chains from China. Group 3 drones face the highest rate; smaller drones and parts face 25%, with some partner rates lower. Tariffs take effect 21 days (drones) and 180 days (less sensitive components), per the White House.

US stock index futures edged higher after the S&P 500 and Nasdaq 100 hit record levels. Tech and AI-related shares led, with Sandisk up in premarket after JPMorgan’s overweight rating. Reuters said the BOJ is considering a September rate hike. Several single-stock moves followed earnings, guidance, tariffs, and analyst actions, including AVAV, AEHR, SPRY, CAPR, NU, RDDT, and GLOB.

The White House issued an executive proclamation imposing 100% tariffs on heavy and military-grade foreign drones and 25% on smaller commercial units starting Sept. 3, 2026, with possible waivers for firms building U.S. production by Jan. 2029. AeroVironment (AVAV) rose 3.3% premarket to $195.69. Q1 revenue was $641.62M (+133.3%) and EPS $1.84 vs $1.47 consensus. Wall Street has a Moderate Buy average target of $266.68.

The Trump administration, according to the Financial Times, plans tariffs on imported drones and components under Section 232. A 100% duty would apply to sensitive drones over 25 kg or with thermal imaging, while 25% would cover smaller drones. Allies face lower rates. The move targets China and follows an FCC ban on certain foreign drones, including DJI and Autel.

The Trump administration announced sweeping import tariffs on foreign unmanned aircraft, with primary duties due in 21 days and exemptions for some Pentagon-related items. Commerce Secretary Howard Lutnick said the U.S. is too reliant on foreign drone supply chains and that components pose security and safety risks. In premarket, Red Cat +7.42%, AeroVironment +2.95%, Ondas +2.92%, and Kratos +2.42%.

After President Trump imposed U.S. tariffs on drones and components, shares of Unusual Machines (UMAC) rose 14%, Red Cat Holdings (RCAT) gained 8%, Ondas Holdings (ONDS) rose 4%, and AeroVironment (AVAV) climbed 2.8%, according to Investing.com. The proclamation sets 100% tariffs on certain heavier or thermal drones, 25% on smaller components, with delayed effective dates.