AeroVironment Wins $464.8 Million Army Laser Weapons Contract

03:34 PM EDT, 09/02/2026 (MT Newswires) -- AeroVironment (AVAV) said Wednesday it has been awarded a $464.8 million contract by the US Army's Portfolio Acquisition Executive for Fires program office for the Enduring-High Energy Laser program. Under the agreement, AeroVironment will deliver dozens of its LOCUST X3 laser weapon systems over the next few years to support the Army's air defense against group 1-3 unmanned aircraft systems, the company said. Price: 145.81, Change: +1.64, Percent Change: +1.14