AEVEX Secures $18.5M Contract for Delivery of UAS and Engineering Services to U.S. Air Force

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) today announced it has been awarded an $18.5 million contract from the U.S. Air Force for the delivery of autonomous aircraft for One Way Attack (OWA) missions. The production contract also includes support by AEVEX engineering and field services teams.

The order supports deployment of AEVEX’s additive‑manufactured Group 3 unmanned aircraft systems, which leverage advanced 3D‑printing processes to enable scalable production and rapid fielding. The platform is designed for affordability, manufacturability, and mission flexibility, incorporating autonomy‑enabling frameworks that help reduce operator workload and support diverse operational needs.

“We appreciate the continued trust the U.S. Air Force places in AEVEX,” said Roger Wells, Chief Executive Officer at AEVEX. “Our teams are focused on delivering dependable, mission‑aligned capabilities, and we remain committed to ensuring high‑quality assets reach the people who need them.”

While additional details are not being disclosed, the contract is consistent with the work AEVEX performs in support of U.S. Government customers and is enabled by the company’s vertically integrated engineering capabilities and manufacturing teams.

AEVEX will perform the contract using its existing U.S. production and engineering footprint, which includes approximately 100,000 square feet of UxS manufacturing facilities and a multi‑disciplinary engineering workforce of more than 150 personnel. These distributed operations — spanning locations in California, Virginia, Ohio, Florida, and Alabama — support proximity to key U.S. Government partners and enable technical, sustainment, and field support services.

For more information, visit www.aevex.com.

About AEVEX

AEVEX Corp. (NYSE: AVEX) is a leading U.S. defense technology company delivering autonomous unmanned systems, AI‑enabled mission software, and advanced ISR and electronic warfare solutions for national security customers. With vertically integrated engineering, rapid prototyping, and high‑volume manufacturing across multiple U.S. locations, AEVEX provides affordable, front‑line‑ready capabilities designed for contested and GPS‑denied environments. AEVEX’s mission is to strengthen deterrence, enhance warfighter effectiveness, and help ensure the United States maintains technological and industrial advantage in the era of autonomy.

Forward-Looking Statements

This press release contains forward‑looking statements within the meaning of federal securities laws. These statements include, but are not limited to, statements regarding AEVEX’s operational and manufacturing capabilities. Forward‑ looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond AEVEX’s control. Actual results could differ materially from those stated or implied due to factors described in AEVEX’s filings with the Securities and Exchange Commission, including the Risk Factors section of its Registration Statement on Form S‑1. AEVEX undertakes no obligation to update any forward‑looking statements, except as required by law.