Adoption of AeroVironment's Switchblade drone will be a key driver for the company, he said. It is not clear how often the U.S. military has utilized the Switchblade drone in theater. AeroVironment makes the Switchblade 300 and the 600; both are equipped with cameras, navigation systems and guided explosives. The 300 variant is designed to strike small targets, weighs a little more than 5 pounds and has a range of 10 miles. Each single-use Switchblade 300 is estimated to cost $6,000, according to an NBC News report.

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Persons: LSEG, Wahid Nawabi, Baird, Peter Arment, AeroVironment, Lockheed Martin, Atomics Organizations: Pentagon, ., Lockheed, Lockheed Martin Hellfire, NBC Locations: Virginia, Tuesday's, Ukraine, U.S