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AV Secures Approximately $315 Million Award Under $940 Million IDIQ Contract
Businesswire· 2026-11-09 22:15
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ("AVâ€) (NASDAQ: AVAV) today announced a multiyear indefinite-delivery, indefinite-quantity (IDIQ) contract with a ceiling of $940 million with a U.S. customer, including an approximately $315 million initial award for product deliveries and support. The award is expected to support continued delivery of advanced capabilities through AV's AxS segment, further advancing established product lines to meet complex customer requirements. "This awar. ...