AEgis Technologies Group LOCUST

AEgis Technologies Group profile

By Jonathan Teplitsky · reviewed against primary sources · updated September 17, 2026.

AEgis Technologies Group develops defense directed-energy weapons and target-tracking systems, including the LOCUST platform selected for the U.S. Army Enduring-High Energy Laser (E-HEL) program.

What AEgis Technologies Group does

AEgis Technologies Group Supplies directed-energy counter-unmanned aircraft systems (c-UAS) and tracking payloads to the United States Department of Defense (DoD). Revenue generates from military research, development, and production awards, moving prototype laser weapon systems into fielded military hardware. Deliverables center on the LOCUST beam control system and hardware integration for mobile counter-drone protection.

The product lines that define the company for research purposes:

LOCUST
Enduring-High Energy Laser (E-HEL)

This profile is qualitative by design. It carries no share price, no price target, no valuation multiple, and no rating — those change faster than any page can honestly track, and the filings linked below are the authoritative source for them.

AEgis Technologies Group drone lineup

The current public product record does not identify a complete aircraft lineup.

No complete-aircraft offering is catalogued for this company; it is tracked here as an unmanned-systems enabler.

Statuses are editorial classifications from the company’s current public catalog: active means currently presented for sale, delivery, or program work; development means publicly disclosed but not a mature production offering; legacy means retained for historical or installed-fleet coverage.

Recent contracts & awards

A dated log of the specific contracts, orders, funding, and deployments reported for AEgis Technologies Group, each tied to its primary source. This is a record of what was announced — a "selection", "award", or "partnership" is not the same as obligated money, so read each source before treating a figure as revenue. No figure appears here unless a source reported it.

ContractOct 9, 2023$500M
U.S. Army Selects LOCUST System for $464.8M E-HEL Counter-UAS Contract
The U.S. Army Portfolio Acquisition Executive for Fires selected the LOCUST directed energy system for the Enduring-High Energy Laser (E-HEL) program under a contract valued at $464.8 million. The award is identified as a counter-UAS procurement transitioning directed energy systems from prototyping to production. Researchers should check official Department of Defense contract award digests and SEC filings to verify initial obligated funding versus the reported total contract ceiling.
Defense contracts — original report

Is AEgis Technologies Group going public?

AEgis Technologies Group is not independently publicly traded, so there is no standalone ticker. Public equity market exposure to the LOCUST directed-energy program is tracked through AeroVironment, Inc. (NASDAQ: AVAV), which holds the program in its defense portfolio.

Where AEgis Technologies Group sits in the value chain

AEgis Technologies Group is a pure-play: unmanned systems are the business rather than one line inside it, so the P&L moves with drone demand and has little else to cushion a slow procurement year.

Its disclosed activity spans counter-UAS. That placement is the single most useful thing to fix in your head before reading any coverage, because the same headline means different things at different layers: a large platform award is transformative for a pure-play, material but diluted for a diversified contractor, and only indirectly relevant to a component supplier whose exposure arrives later as build-rate demand. Retail coverage routinely applies one story to all three layers at once. For the layer-by-layer comparison across the sector, see the drone stocks research shortlist and the list of publicly traded drone companies.

What to watch

The signals worth tracking are structural, not price-based — they tell you whether the business is changing shape, which is what eventually shows up in the numbers.

Production milestones and unit deliveries under the U.S. Army Portfolio Acquisition Executive for Fires (PAE Fires) contract for the Enduring-High Energy Laser (E-HEL) program.
Field performance data of the LOCUST system against Group 1 and Group 2 unmanned aerial threats in active operational environments.
Corporate consolidation and program reporting through AeroVironment, Inc. (NASDAQ: AVAV) as directed-energy systems transition from prototype accounts to procurement lines.

How to research AEgis Technologies Group

Every question below has one authoritative source, and using the wrong source is how most retail research goes wrong.

Research question	Where the answer lives	What to look for
Is there anything to buy?	SEC EDGAR full-text search	Whether any registration statement exists at all — absent one, there is no public security.
Is the government work real?	Official DoD contract announcements	Awarding service and scope of work, rather than a company-issued announcement.
What is the acquisition pathway?	DIU and DARPA program pages	Whether the work runs through non-traditional agreements or a conventional program of record.
How would exposure even work?	Fund holdings disclosures	Whether any listed vehicle discloses a stake — indirect exposure is usually thin and unstated.

Contract awards and procurement actions for the E-HEL program appear in public releases from the U.S. Department of Defense.
Corporate ownership, parent financial results, and LOCUST program integration details are tracked in SEC EDGAR filings for AeroVironment, Inc. under ticker AVAV.
Technical requirements and testing results for mobile directed-energy counter-UAS platforms are published through the U.S. Army acquisition executive offices.

One failure mode is worth naming explicitly: a company announcement describing a "selection", "award", or "partnership" is not the same as obligated money, and the two are easy to conflate because they use the same vocabulary. Check the official record before treating either as revenue. Our full approach is documented on the methodology page.

AEgis Technologies Group FAQ

What does AEgis Technologies Group do?

AEgis Technologies Group Supplies directed-energy counter-unmanned aircraft systems (c-UAS) and tracking payloads to the United States Department of Defense (DoD).

Is AEgis Technologies Group publicly traded?

AEgis Technologies Group is not publicly traded, so there is no ticker to buy. Any claim otherwise should be verified against SEC EDGAR before it is believed.

What should investors watch with AEgis Technologies Group?

Production milestones and unit deliveries under the U.S. Army Portfolio Acquisition Executive for Fires (PAE Fires) contract for the Enduring-High Energy Laser (E-HEL) program.

Where can I research AEgis Technologies Group directly?

Go to the primary sources: AEgis Technologies Group (official site), Defense contracts — original report. Avoid aggregator summaries when the filing itself is available.