Middle East Buyer Orders $405 Million in U.S.-Made LOCUST Lasers

Middle East buyer orders $405 million in U.S.-made LOCUST lasers

AeroVironment has won a $405 million order for its LOCUST X3 anti-drone lasers from an unnamed customer in the Middle East, the Virginia-based company said Wednesday. The company, which goes by AV, called the deal an “international direct commercial sales order” in a release. That means AV negotiated it directly with the foreign buyer, instead […]

Red Cat Climbs 5%, Ondas Gains 4% as Drone Stocks Rebound; AeroVironment Rises 2% on $405 Million Laser Order

The post Red Cat Climbs 5%, Ondas Gains 4% as Drone Stocks Rebound; AeroVironment Rises 2% on $405 Million Laser Order appeared first on 24/7 Wall St.. Drone and defense-tech stocks are winning back part of their recent losses as a broad risk-on rebound lifts high-beta growth names. Red Cat…

AeroVironment says it received a $405 million Middle East order for LOCUST X3 laser systems

AeroVironment said it received a $405 million direct commercial sales order for LOCUST X3 high-energy laser systems for the Middle East.

AeroVironment Awarded Landmark $405 Million International Order for LOCUST X3 Laser Defense Systems

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