AeroVironment Lands Historic U.S. Laser Weapon Production Contract
AeroVironment won a $464.8 million Army contract to deliver dozens of LOCUST X3 laser weapon systems for layered counter-UAS defense.
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NATO's $40 billion counter-drone initiative is accelerating defense investment. Here's how ETFs offer exposure to the military drone industry.
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AeroVironment won a $464.8 million Army contract to deliver dozens of LOCUST X3 laser weapon systems for layered counter-UAS defense.
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GE Aerospace's Commercial Engines & Services segment shows strong momentum with revenues up 27% year-over-year to $9.73 billion in Q2 2026, driven by increased LEAP engine deliveries (up 24%) and major orders from airlines including United, Delta, and American Airlines. The company expects adjusted segment revenues to grow about 20% in 2026. GE shares have outperformed the industry with a 4.2% gain in three months, though the stock trades at a premium valuation of 38.40X forward P/E versus the industry average of 31.21X.