Iran's cheap drones are a drain on the U.S. weapons stockpile. Could lasers help fend them off? [CBS News]
AeroVironment, Inc. (AVAV)
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Source: CBS News
While attacks by Iranian drones were down this past week, the amount of damage they have done has come as a jolt. An Iranian drone attack caused the first American casualties of the war when it killed six soldiers in Kuwait . Iranian drones are a drain on the U.S. weapons stockpiles and a threat to the Strait of Hormuz . We have found that in the race for a counter weapon, there are contenders that look like science fiction. Lasers that focus on zapping drones out of the sky. This is Iranian propaganda footage of its arsenal of drones – that have been menacing the Gulf states: blasting apartment buildings, airports, oil refineries. These Shahed drones are getting faster, stronger, they can move in swarms, and there are tons of them. Perhaps their greatest advantage – how cheap they are, often made of flimsy plastics. One costs as low as $20,000. To shoot them down, the U.S. is using anti-missile interceptors that cost millions. A possible solution? Lasers. Wahid Nawabi: It chan
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AVAV
Earnings
- 3/10/26 - Miss
AVAV
Sec Filings
- 3/16/26 - Form 8-K
- 3/11/26 - Form 4
- 3/11/26 - Form 10-Q
- AVAV's page on the SEC website