ARLINGTON, Virginia. AeroVironment won a $464.8 million contract from the U.S. Army Portfolio Acquisition Executive for Fires (PAE Fires) program office for the Enduring-High Energy Laser (E-HEL) program, the company announced in a statement.  

Taiwan plans to invest NT$44.2 billion over five years to develop a domestic drone industry free of Chinese components, highlighting opportunities for AeroVironment and partners amid rising tensions.

AeroVironment won a $464.8 million Army contract for LOCUST X3 laser systems, the first U.S. directed-energy production award, as AVAV stock trades near its 52-week low.

AeroVironment won a $464.8 million Army contract for LOCUST X3 laser systems, the first U.S. directed-energy production award, as AVAV stock trades near its 52-week low.

The U.S. Army just crossed a threshold it has never crossed before, and one battered defense stock is suddenly the center of a sector-wide scramble to figure out what comes next.

The U.S. Army just crossed a threshold it has never crossed before, and one battered defense stock is suddenly the center of a sector-wide scramble to figure out what comes next.

AeroVironment outlook: UAS/C-UAS/E-HEL contract wins fuel $2.7B bookings and multi-year visibility. Click for more on AVAV stock.

The U.S. Army has awarded AeroVironment a $464.8 million contract for the LOCUST X3 high-energy laser, the service's first production