AeroVironment Secures $405 Million Order for Locust X3 Laser Defense Systems
AeroVironment (AVAV) has announced a significant international direct commercial sales contract valued at $405 million. The order is specifically for the company's Locust X3 laser weapon systems, which are designed to provide counter-drone capabilities in the Middle East region. The deal represents a substantial expansion of AeroVironment's international footprint and highlights growing global demand for directed-energy defense technologies. While the news is significant for the company's long-term backlog, shares remained relatively stable during premarket trading following the announcement.
Tickers: $AVAV
Topics: Defense Contracts Drone Countermeasures Laser Weapon Systems