AeroVironment awarded $990M IDIQ contract for Switchblade systems with U.S. Army

AeroVironment Inc

5-year IDIQ contract with $990M ceiling from Army Contracting Command-Aberdeen Proving Ground.
Switchblade loitering munitions for Army's Lethal Unmanned Systems Directed Requirement.
Follow-on to December 2023 contract; deliveries expected to begin in months.
AV selected as sole provider, highlighting system maturity and production capacity.

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