AV Announces Second Delivery Order on $990 Million Contract with U.S. Army

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its second delivery order totaling $55.3 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of the 5-year contract from Army Contracting Command-Aberdeen Proving Ground that is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M that was announced in August 2024.

“AV is proud to continue deliveries for this monumental contract ensuring the U.S. Army has the most capable solutions in their possession,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “Our expanded production capability and streamlined supply chain continue to deliver for the U.S. Army, ensuring rapid fielding and support.”

Switchblade represents the next generation of extended-range loitering munition systems, providing operators in the field with a multi-mission loitering munition system capable of multi-domain operations. The combat-proven system also features high-precision optics and extended loitering endurance.

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. For more information, visit www.avinc.com.

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