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AeroVironment launches LOCUST X3 laser defense system amid mixed Q3 results and market pressure.

Market News
24 Mar 2026
Lekha Gupta
View Source
Neutral
pluang ai news

AeroVironment unveiled the LOCUST X3, its third-generation high-energy laser weapon system designed to counter unmanned aerial threats with cost-effective, scalable defense capabilities. Despite this innovation, the company reported Q3 earnings that missed expectations due to funding delays, though it highlighted strong demand and a record backlog. Shares fell over 3.5% amid broader market declines, with technical indicators showing a mixed outlook but potential for recovery. Analysts maintain a positive long-term view, expecting strong growth into fiscal 2027.

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