In the short book “War Is a Racket,” author Smedley D. Butler called to attention the cynical business of industrialists profiting from mass human conflicts. While circumstances have changed dramatically since the original publishing date of 1935, the tailwind that can materialize from extended military campaigns represents an unavoidable reality. Case in point is drone specialist AeroVironment (AVAV).
Rising to prominence in large part because of its Switchblade drone, the unmanned aerial weapons system played an integral role for Ukrainian forces as they repelled the initial wave of invading Russian troops. Further, it will likely continue to be an indispensable tool as Ukraine grinds forward in its counteroffensive.
