KeyBanc lowered its price target to $295 from $330 and kept its Overweight rating after adjusting estimates post-earnings. The firm attributes the target reduction to recent changes to the SCAR program and timing in contract awards. Despite the revision, KeyBanc's broader conviction on AeroVironment is unchanged: the firm maintains that AeroVironment is positioned to capitalize on the proliferation of UAS/cUAS and increased government spending in defense and space-related programs.
The initiative will allow companies developing electric air taxis to begin real-world testing across multiple states, marking one of the most significant steps yet toward a new era of urban air mobility. While commercial services are still a few years away, the coming trials will see these aircraft move beyond demonstration flights and into operational environments.
Leonardo owns Britain's last military helicopter manufacturing site, employing 3,000 workers, and was the only bidder for the contract. It is understood that the chancellor and prime minister chose to intervene to ensure the project would go ahead, in part to protect UK jobs.
As Boeing manufactured newer, faster jet bombers for the Air Force, mid-air refueling aircraft lagged behind. The standard refueling aircraft at the time, the propeller-powered KC-97, flew much slower than the jet-powered bombers it was meant to refuel. To Boeing president William Allen, it seemed like only a matter of time before a jet tanker became necessary.
This flight test showcases the potential of airpower built on mission autonomy. Across platforms, domains, and environments, Hivemind provides resilient mission autonomy, proving that software is central to the future of airpower. Our collaboration with Anduril reflects a new era of defense acquisition, where autonomy is treated as a foundational warfighting capability on par with the aircraft itself.
David versus Goliath stories captivate us, especially when David brings a slingshot that looks like alien technology. Enter Stavatti Aerospace, a 25-person firm from Niagara Falls taking on Boeing and Northrop Grumman for one of the most lucrative defense contracts in naval aviation. Their weapon of choice? The SM-39 Razor, a fighter design so visually striking it demands a double-take. The triple-fuselage "Batwing" configuration breaks from a century of conventional aircraft architecture, presenting a form that's more science fiction than traditional aerospace engineering.
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Royal Navy said on Friday that they have launched a new full size crewless helicopter which is designed to track submarines and will undertake missions in the North Atlantic. Since Vladimir Putin launched a full-scale war in Ukraine the defence industry has been remodelled as most European government's have increased military spending. The helicopter named "Proteus" has completed a test flight and was part of a £60 million programme,
Some aircraft succeeded even though they made life harder for the people flying them. They demanded constant attention, punished mistakes, and left little margin for error. Instead of relying on forgiving design, these platforms forced crews to compensate through skill, planning, and coordination. Over time, combat proved that the human element was the decisive factor behind their success. Here, 24/7 Wall St. is taking a closer look at these aircraft that embodied the human factor.
In military service, reliability is priceless, at least until the bill comes due. Some vehicles earned legendary status because they rarely failed in combat and delivered results under pressure. The problem was what it took to keep them that way. Heavy fuel use, maintenance-intensive systems, specialized parts, and recovery demands typically followed these platforms wherever they deployed. Here, 24/7 Wall St. is taking a closer look at reliable military vehicles that were logistically expensive.
"We were completely controlling the drone from the helicopter. For us, it's of course unique. Today, what we performed is a world first," Gerin-Roze told reporters on Thursday at the Singapore Airshow. The software is part of Airbus' contribution to the surging industry for drone wingmen, which the world's biggest aircraft manufacturers are betting will be the future of air warfare.