AeroVironment stock gains USD 405 million laser order
Published on 11/13/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points for investors
- AeroVironment announced a USD 405 million international order for LOCUST X3 high-energy laser systems on November 11, 2026.
- The award expands the company's counter-unmanned-aircraft capabilities in the Middle East.
- AeroVironment plans an in-country maintenance and sustainment depot for repairs, training and lifecycle support.
AeroVironment announced on November 11, 2026, that it had received a USD 405 million international direct commercial sales order for LOCUST X3 high-energy laser weapon systems. The order expands counter-unmanned-aircraft capabilities in the Middle East, according to the company's November 11 press release.
Laser order broadens defense portfolio
LOCUST X3 is designed to counter Group 1 through Group 3 unmanned aircraft and can be integrated with radar, command-and-control and kinetic defense systems. AeroVironment presents the system as a lower-cost-per-engagement option for persistent drone threats.
The company plans to establish an in-country maintenance and sustainment depot. The facility is intended to provide regional repairs, technical support, training and lifecycle services, supporting the deployment of the systems over time.
AeroVironment stock traded at 105.35 euros on Lang & Schwarz at 22:46 CET on Friday, November 13, 2026.
AeroVironment, Inc.
- Company: AeroVironment, Inc.
- ISIN: US0080731088
- Ticker: AVAV
- Home exchange: Nasdaq
- Lang & Schwarz quote: 105.35 euros at 22:46 CET on November 13, 2026
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