First Production Laser: AeroVironment's $400M Locust Deal Moves Directed Energy From Prototype to Product Line
Bloomberg reports the Army will buy at least $400M of AeroVironment's Locust counter-drone lasers — the Pentagon's first production contract for a directed-energy system beyond the prototype phase — sending AVAV up ~8-9% and turning the E-HEL program of record from negotiation into recurring revenue.
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