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AeroVironment (NASDAQ:AVAV) stated that the U.S. Military has awarded a $54.9 million supply order for the manufacturing of Switchblade loitering munition methods.
The contract additionally contains a further contract ceiling of $743 million, with $54.9 million in new funding.
The agency added that the work on this contract can be carried out in California, with an estimated completion date of June 30, 2026.
The contract additionally contains a further contract ceiling of $743 million, with $54.9 million in new funding.
The agency added that the work on this contract can be carried out in California, with an estimated completion date of June 30, 2026.
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