WS #11078
AeroVironment shares surged 28% after revenue doubled and backlog jumped 65%, with the DoD requesting $75B for drones in 2027. US envoys in Doha for indirect talks with Iran on ceasefire and Strait of Hormuz; Iran to receive $3B in frozen assets. Russia boosts crude exports to record levels amid falling prices, adding to oil supply glut.
AeroVironment earnings beat and defense spending surge
AeroVironment shares surged 28% after revenue doubled and backlog jumped 65%, with the DoD requesting $75B for drones in 2027.
US envoys in Doha for indirect talks with Iran on ceasefire and Strait of Hormuz; Iran to receive $3B in frozen assets.
Russia boosts crude exports to record levels amid falling prices, adding to oil supply glut.