icholakov Advancements in artificial intelligence and unmanned systems may lead to robotic military forces in the next decade, the 20th chairman of the Joint Chiefs of Staff said. “Ten to fifteen years from now, my guess is a third, maybe 25% to a third of the U.S. military will beContinue Reading
Petrovich9/iStock via Getty Images AeroVironment’s (NASDAQ:AVAV) stock fell 6.6% in extended trading Wednesday after the maker of military drones and unmanned vehicles reported a steep decline in earnings while still beating the average estimate among Wall Street analysts. Earnings adjusted for one-item items fell 57% from a year earlier toContinue Reading
alxpin/E+ via Getty Images AeroVironment (NASDAQ:AVAV) closed -7% on Friday after the U.S. State Department cleared the potential sale of rival Anduril Industries’ Altius 600M-V unmanned aerial vehicles to Taiwan in a ~$300M deal. The sale would include 291 Altius 600M-V systems, Altius 600 inert training UAVs, Pneumatic Integrated LaunchContinue Reading
