AeroVironment CEO: “$10-Per-Shot Laser Beats $150,000 Drones” — But Stock Keeps Falling
AeroVironment has been awarded the first production contract for directed-energy weapons in U.S. military history, a milestone for the company. Despite this, the stock has fallen nearly 41% over the past year.
Why it matters — AeroVironment watchers would note this landmark laser-weapon contract as a significant strategic development even as the company's stock continues to decline sharply.