Press release
AV Secures $990M Contract to Supply U.S. Army with Switchblade Loitering Munitions
AV selected to deliver Switchblade systems for the U.S. Army's lethal unmanned systems requirement ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) has
About this update from Aerovironment, Inc.
[{"type":"text","content":"\nAV selected to deliver Switchblade systems for the U.S. Army's lethal unmanned systems requirement\n\n\n ARLINGTON, Va.--(BUSINESS WIRE)--\nAeroVironment (AV) has been awarded a contract for the U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The 5-year contract from Army Contracting Command-Aberdeen Proving Ground is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M. Deliveries of the Switchblade® systems are expected to begin in months.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240828490861/en/The U.S. Army has awarded AeroVironment a contract for its Lethal Unmanned Systems Directed Requirement (Photo: AeroVironment)\nThe LUS Directed Requirement is the Army’s first effort to equip soldiers in infantry battalions with lethal, man-portable loitering munition systems. The combat-proven Switchblade systems will enhance soldiers' capabilities with precision flight control, greater lethality against fortified targets such as armored vehicles and tanks, and the ability to track and engage moving non-line-of-sight targets. AV was awarded a contract for the LUS Directed Requirement in December 2023 and is currently delivering systems under that contract.\n\n\n“AV is proud to have been selected to provide Switchblade for this critical and urgent Army requirement,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “This latest contract underscores the unmatched maturity and effectiveness of our system, as well as AV’s strategic positioning to rapidly produce and deliver these cutting-edge solutions to operators in the field.”\n\n\nSwitchblade represents the next generation of extended-range loitering munition systems, providing operators in the field with a multi-mission loitering munition system capable of multi-domain operations. The combat-proven system also features high-precision optics and extended loitering endurance.\n\n\n“Starting with the LUS Directed Requirement, we are well positioned to meet the Army’s emerging needs, leveraging our robust production capability and supply chain capacity to ensure rapid fielding and enhanced combat overmatch for our soldiers,” continued Hush.\n\n\nThis contract further solidifies AV’s role as a leading provider of ...