AeroVironment is trading 4.2% up in pre-market at $151.50 after the U.S. Army awarded it a $464.8 million Enduring-High Energy Laser contract.
- The agreement covers dozens of LOCUST X3 counter-drone systems.
- Company and defense-industry reports describe it as the first U.S. directed-energy production contract, providing a clear company-specific catalyst for the pre-market move.