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AeroVironment jumps 5% on first international LOCUST laser weapon order under $10 per shot

Market News
10 Sep 2026
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Bullish
AeroVironment jumps 5% on first international LOCUST laser weapon order under $10 per shot

AeroVironment's stock rose 5% after securing its first international commercial order worth $50 million for the LOCUST laser weapon system, which costs under $10 per shot to operate. This follows a major U.S. Army contract for high-energy laser weapons, highlighting AeroVironment's leadership in directed-energy defense technology. The company reported strong Q1 fiscal 2027 results with revenue growth and a record $1.5 billion backlog, signaling confidence in future earnings. Investors will watch for production ramp-up and further international orders as the defense budget supports autonomous and counter-drone systems.

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