AeroVironment CEO: “$10-Per-Shot Laser Beats $150,000 Drones” — But Stock Keeps Falling

AeroVironment secured the first production contract for directed-energy weapons in U.S. military history, a potentially significant defense-program milestone. However, its shares have fallen nearly 41% over the past year, indicating that investor concerns or other headwinds have outweighed the contract’s positive strategic significance.