AeroVironment (AVAV) “announced it has been awarded its second delivery order totaling $55.3 million of Switchblade(R) loitering munition systems as part of U.S. Army’s Directed Requirement for Lethal Unmanned Systems. The delivery is part of the 5-year contract from Army Contracting Command-Aberdeen Proving Ground that is Indefinite Delivery, Indefinite Quantity with a contract ceiling value of $990M that was announced in August 2024.”
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