KeyBanc lowered its price target to $295 from $330 and kept its Overweight rating after adjusting estimates post-earnings. The firm attributes the target reduction to recent changes to the SCAR program and timing in contract awards. Despite the revision, KeyBanc's broader conviction on AeroVironment is unchanged: the firm maintains that AeroVironment is positioned to capitalize on the proliferation of UAS/cUAS and increased government spending in defense and space-related programs.
All you would need is a ship under a foreign flag positioned offshore to launch hundreds of drones, or even a truck carrying them. When I served as deputy administrator at the National Nuclear Security Administration, overseeing nuclear programs, the drone threat was something we were deeply concerned about.
This flight test showcases the potential of airpower built on mission autonomy. Across platforms, domains, and environments, Hivemind provides resilient mission autonomy, proving that software is central to the future of airpower. Our collaboration with Anduril reflects a new era of defense acquisition, where autonomy is treated as a foundational warfighting capability on par with the aircraft itself.
Russia has attacked Ukraine with a new type of long-range drone that uses a powerful jet engine to fly 600 miles with a 200-pound explosive warhead, Kyiv's military intelligence agency said. The Ukrainian intelligence directorate, or GUR, released a statement on Sunday providing new details about what it dubbed the "Geran-5." GUR said the drone was used during an attack in early 2026.
Baton Rouge bought the Stalker VXE30 from Edge Autonomy, which partners with Lockheed Martin , and began operating under the brand Redwire this week . According to reporting from WBRZ ABC2 in Louisiana , the drone, along with training and batteries, costs about $1 million.
More than 1,000 drones a high proportion of which are likely to be Shahed 136s have targeted Iran's Gulf neighbours since the US and Israel first attacked Tehran on Saturday morning. On Monday afternoon, the UAE said it had been attacked by 689 drones and had downed 645 meaning 44 drones, a little over 6% of the total, got through.
Hydrogen-powered unmanned aerial vehicles are not a new concept. Drones running on hydrogen fuel have been in experimental forms for over a decade, but this is for the first time, a drone has been fully designed and deployed on full-scale combat duty in an active war zone. The drone is a hybrid version of the Raybird USA developed by Skyeton and is deployed with the Ukrainian Defense Forces.
The drone, launched from Lebanon by an Iranian-backed group, was found to contain a Kometa-B navigation system, which highlights Moscow's collaboration with Tehran on drone technology. Analysts say the wreckage recovered by British intelligence signals a new and dangerous phase of drone warfare targeting UK forces.
The Low-Cost Unmanned Combat Attack System, or LUCAS, is a one-way attack drone that looks nearly identical to the Iranian-designed Shahed. Russia has used Shaheds extensively against Ukraine and now fields its own domestically produced variant.