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AV Secures $743 Million Additional Contract Ceiling for Switchblade Loitering Munition Systems
October 14, 2024
MONROVIA, California, Oct. 14 -- AeroVironment issued the following news release:

Arlington, Va., October 14, 2024 - 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 p . . .

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