Drones Redefine Modern Warfare | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Jul 1, 2026 · 1m

Drones are rewriting the rules of modern warfare—and AeroVironment is cashing in. With record sales fueled by Ukraine and Middle East conflicts, the defense tech giant just doubled its size via a massive acquisition, adding space and directed-energy capabilities. Revenue hit $2 billion, backed by $2.7 billion in contracts, as CEO warns legacy defense systems can’t handle today’s drone threats. Financials look strong: positive cash flow, rising margins, and solid shareholder equity. With global tensions escalating, AeroVironment is betting big on continued growth—and it’s already winning…