Stocks in Action USA: AeroVironment, Snowflake, and Argan.
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AeroVironment Secures $465 Million Contract – Laser to Stop US Army Drone Swarms! AeroVironment has received a major contract from the US Army worth $464.8 million for the laser defense system LOCUST X3, thereby strengthening its position in the rapidly growing anti-drone technology market. The 30-kilowatt laser is designed to combat medium-sized drones of the so-called Group 3 and can reportedly eliminate targets within seconds. The key advantage lies in the low operational costs and virtually unlimited "ammunition": While conventional interceptor...
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