AeroVironment announces another record year – new loitering attack drone Red Dragon presents billion-dollar opportunity!
Reading Time: 5 minutes
AeroVironment has clear competitive advantages with proven drone systems and large production capacities. Over two-thirds of the priorities of the U.S. Department of Defense are covered. The revenue share from Ukraine is dropping below 5%, and management expects orders from billion-dollar programs. The U.S. Army intends to equip all divisions with 1,000 drones by the end of 2026. Three new drones could secure orders exceeding $1 billion. Red Dragon, as a new autonomous, GPS-independent, mass-production-capable loitering attack...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
