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Drone Company AeroVironment Skyrockets 30% After Revenue, Backlog Double

Yahoo Finance · Jun 30, 2026, 12:29 PM · Also reported by 1 other source

Drone maker Aero Vironment soared more than 30% on Monday morning after a record earnings report that crushed Wall Street's expectations, according to Market Surge. The Arlington, Va.-based Aero Vironment (AVAV) specializes in making autonomous military systems like drones, loitering munitions and unmanned ground vehicles. Under President Donald Trump, the Pentagon has ramped up military spending and procurement of new munitions and drones…

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Drone Company AeroVironment Skyrockets 30% After Revenue, Backlog Double

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