News
Drone Company AeroVironment Skyrockets 30% After Revenue, Backlog Double
Licensing
08:29 AM ET 06/30/2026
Drone maker AeroVironment soared more than 30% on Monday morning after a record earnings report that crushed Wall Street's expectations, according to MarketSurge. The Arlington, Va.-based AeroVironment (AVAV) specializes in making autonomous military systems like drones, loitering munitions and unmanned ground vehicles. Under President Donald Trump, the Pentagon has ramped up military spending and procurement of new munitions and drones…
