Movement Alert｜AeroVironment Pre-Market Rise 4.27%, Wins $405 Million Middle East Laser Defense Order

Market Focus11-11

On November 11, AeroVironment rose 4.27% in Pre-Market Trading, trading at $128.76 per share, with turnover of $3.35 million.

The move followed news that the company received a $405 million international direct commercial sale order to provide LOCUST X3 high-energy laser weapon systems to a Middle East customer, alongside the establishment of a local maintenance and support center.

The contract adds to a string of recent directed-energy and counter-drone awards, including a multiyear IDIQ contract worth up to $940 million with an initial award of about $315 million, an international LOCUST order worth more than $50 million, and a $464.8 million U.S. Army laser weapons contract. Taken together, these announcements strengthen order visibility in counter-UAS and directed-energy defense programs.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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