AeroVironment invests more than $30 million to expand Albuquerque manufacturing operations

Reuters2026/09/03 12:47

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AeroVironment is investing more than USD 30 million to expand manufacturing operations in Albuquerque, New Mexico, including facilities producing the LOCUST laser system.
Expansion aims to boost output of defense and space technologies, supporting scaled domestic production of directed-energy systems and space-grade components.
Project is expected to generate more than USD 670 million in economic impact over 10 years.
Plan includes creating more than 450 high-wage jobs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AeroVironment Inc. published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AeroVironment invests more than $30 million to expand Albuquerque manufacturing operations

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