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AeroVironment said first-quarter revenue was $480 million, funded backlog reached a record $1.5 billion and adjusted EBITDA was nearly $46 million. The company also booked $683 million and reaffirmed fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 mi
The White House unveiled new tariffs on drones and components while CENTCOM created Task Force Falcon Strike, and U.S.-listed drone makers including UMAC, RCAT, ONDS, AVAV and KTOS rose.
A US force will employ attack drones sourced from the US and partner states, according to the provided notice; no operational details or timing were supplied.