AeroVironment Awarded A $54.9M Delivery Order For The Production Of Switchblade Loitering Munition Systems. The Recently Announced Award Includes An Additional Contract Ceiling Of $743M

Benzinga · 10/14 13:16

AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced today that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden.