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AeroVironment Wins $464.8M U.S. Army Contract for LOCUST X3 Lasers

AeroVironment logoAeroVironment
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AeroVironment secured a $464.8 million U.S. Army contract under an Other Transaction Agreement for the Fires program office. The award designates the company to deliver dozens of its LOCUST X3 high-energy laser systems over the next several years to support Enduring-Hig. Shares rose about 0.8% after the announcement.

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