Press release
AeroVironment Awarded $874M Foreign Military Sales IDIQ to Deliver UAS and C-UAS Systems to Allied & Partner Forces
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) (NASDAQ: AVAV), a global leader in all-domain autonomous systems, has been awarded a five-year
About this update from Aerovironment, Inc.
[{"type":"text","content":" ARLINGTON, Va.--(BUSINESS WIRE)--\nAeroVironment (AV) (NASDAQ: AVAV), a global leader in all-domain autonomous systems, has been awarded a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract worth $874.26 million from the U.S. Army Contracting Command. This contract will support future foreign military sales (FMS) through the Program Executive Office (PEO) Aviation, enabling allied and partner forces to procure a range of Groups 1-3 unmanned aerial systems (UAS) and counter-UAS (C-UAS) systems from AV’s extensive portfolio of defense technology offerings. The systems available under this IDIQ contract include specific variations of the JUMP 20™, P550™, Puma™, Raven™, and Titan C-UAS™ systems along with training, initial spares packages, and logistics support.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251208310343/en/AV awarded $874.26 million IDIQ contract from the U.S. Army Contracting Command to support future foreign military sales (FMS) of its JUMP 20™ (pictured), P550™, Puma™, Raven™, and Titan C-UAS™ systems along with training, initial spares packages, and logistics support. [Credit: AV]\n“We are delivering innovative defense technologies to meet our national security priorities – at home and abroad,” said Justin McFarlin, Vice President of International Business Development for AV. “Our autonomous technologies are battle-proven and trusted, giving warfighters unparalleled mission flexibility, situational awareness, and a sphere of protection against threats–all within lightweight, easy-to-transport, easy-to-deploy systems. This contract will help accelerate our ongoing efforts to get these critical capabilities to warfighters around the world.”\n\nThe JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing uncrewed aircraft that gives operators advanced multi-sensor intelligence, surveillance, and reconnaissance (ISR) services. The platform can be set up and operational in less than 30 minutes without a runway or additional launch or recovery equipment, delivering 13+ hours of endurance and an operational range of 185 km (115 mi). With its flexible payload options and highly customizable features, the JUMP 20 is ideal for multi-mission operations.\n\nAV’s latest autonomous Group 2 eVTOL system, the P550, is redefining battlefield ada...