Ondas Rallies 13% Ahead of Earnings, AeroVironment Jumps 10% on $315 Million Award; Red Cat Surges 10%
Drone and defense stocks rallied on November 9, 2026, led by AeroVironment's roughly $315 million initial award under a $940 million IDIQ contract and Ondas Holdings' 13% jump ahead of its November 12 earnings report, while Red Cat Holdings gained 10%. The article notes Ondas' $165 million in recent orders and Red Cat's $20.19 million quarterly revenue, up 527% but short of estimates.
