AeroVironment Is Down 70% From Its High While Drone Budgets Explode. Here's What Went Wrong -- and Whether It's Fixable.

The U.S. Department of Defense is investing $70 billion in drone funding for fiscal year 2027, while AeroVironment stock has fallen 70% after the U.S. Space Force canceled a $1.7 billion contract. The article does not specify the timing of the stock decline or the funding’s effect on AeroVironment.