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Stock impact report

Loitering Munition Market worth $815.3 million by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Yahoo! Finance
The volume loitering munition market is projected to grow from 3,942 (units) in 2024 to 5,917 (units) in 2029 according to a new report by MarketsandMarkets ™ The need for precision strike capabilities in military operations is therefore the primary driving factor in the loitering munition market. Armed forces around the world have also been increasingly concerned with collateral damage reduction through effective fleeting and high-value target engagements, hence making loitering munitions an important solution. These systems allow operators to loiter over a target area, gather real-time intelligence, and execute strikes with incredible accuracy. It is most useful in asymmetric warfare environments, wherein conventional war methods are likely to provide fewer gains. Defence organizations are increasingly investing in loitering munitions with more focus on the operational effectiveness and higher demands for quick responses in dynamic battlefields, thus promoting the growth of the mark Show less Read more
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