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US Army's 400 Million Laser Deal Accelerates Race To Harden Bases From Kamikaze Swarms
US Army's 400 Million Laser Deal Accelerates Race To Harden Bases From Kamikaze Swarms
Building on our investment theme that the US military is racing to harden its bases with counter-drone systems capable of defeating Group 1-3 drones, and potentially Group 4 threats, Bloomberg reported late in Friday's US cash session that the Army plans to purchase at least $400 million of AeroVironment's counter-drone laser systems, citing a person familiar with the deal.
The source told the outlet that the deal would provide the Army with dozens of LOCUST systems, which...
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