Money
AeroVironment Secures $117M UAV Contract from US Army, Building on Previous $97M Award
AeroVironment, Inc. has been awarded a $117 million contract by the US Army, enhancing its UAV technology portfolio following a prior $97 million contract.
Editorial Staff
1 min read
AeroVironment, Inc. has secured a new contract valued at $117 million from the US Army, marking a significant development in its UAV capabilities.
This contract follows a previous award of $97 million, indicating a continued investment in AeroVironment's technology and infrastructure.
The new contract is expected to bolster the company's position within the defense sector, emphasizing the growing demand for UAV systems.