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NASDAQ:AVNT 13 June 2025 - 10 March 2026

AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment lowered its full-year revenue and adjusted earnings forecast after the U.S. government moved to end the BADGER agreement linked to the Space Force’s SCAR program. Shares fell in after-hours trading following a revenue miss and a $151.3 million goodwill impairment, which led to a net loss of $156.6 million for the fiscal third quarter. The company now expects fiscal 2026 revenue below Wall Street estimates.
Import of Military-Grade Drones to Ukraine (2025 Update)

Import of Military-Grade Drones to Ukraine (2025 Update)

By early 2025, 98% of drones imported into Ukraine entered duty-free under exemptions extended through at least January 2026. In Q1 2025, Ukraine imported about 127,800 civilian drones, 98% from China, mainly DJI models. Domestic drone production surged, with 96% of military drones made in Ukraine by late 2024. The Army of Drones program and Brave1 accelerator funded over 470 grants totaling about $35 million.
13 June 2025

Stock Market Today

  • Nifty50 Opens Above 23,200, BSE Sensex Gains Over 700 Points Amid Market Recovery
    March 20, 2026, 12:25 AM EDT. India's stock markets rebounded Friday after Thursday's steep selloff. Nifty50 opened above 23,200, up 227 points (0.99%), while the BSE Sensex climbed 738 points to 74,945.45. The sharp drop followed escalating tensions in West Asia, which fueled a global risk-off mood and pushed crude oil prices higher. Confidence was shaken but now recovers as Israeli officials signaled no further strikes on Iran's oil infrastructure, easing Brent crude prices to $106 from $118. Financial and auto stocks, hit hard earlier, are set for gains. Foreign investors continued net selling, offloading equities worth Rs 7,558 crore, yet domestic funds countered with buying support. Asian markets rose on easing oil prices and US market rebounds despite Wall Street's prior losses. Analysts caution ongoing volatility as geopolitical risks persist.
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