Drone Maker’s Stock Jumps on U.S. Assistance to Ukraine


  • Order Reprints

  • Print Article

Stock in the defense supplier AeroVironment is jumping Wednesday as President Joe Biden said the U.S. will send drones to help Ukraine defend against the Russian invasion.

“The American people are answering President Zelensky’s call for more help, more weapons for Ukraine to defend itself,” said Biden on Wednesday. “It includes 800 antiaircraft systems…9,000 anti-armor systems…this will include drones, which demonstrates our commitment to sending our most cutting-edge systems.”

The…