AV secures $51 million for Army Switchblade 600 orders
The award falls under an existing Lethal Unmanned Systems IDIQ contract. Block 2 systems feature upgraded avionics and target recognition for multi-domain operations.
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Multidomain defense systems and autonomous technology manufacturer
avinc.comLast updated
In short: AV reported record $1.97 billion annual revenue, secured a $500 million defense contract, and advanced its NASA Mars helicopter mission.
The award falls under an existing Lethal Unmanned Systems IDIQ contract. Block 2 systems feature upgraded avionics and target recognition for multi-domain operations.
Management will host a live webcast at 4:30 p.m. ET to discuss results, with replay and transcript archived online shortly after.
The collaboration involves co-designing and manufacturing three helicopters for the SkyFall mission launching in late 2028, leveraging Ingenuity's success.
The SkyFall mission will send three next-generation helicopters to Mars in 2028, building on Ingenuity's engineering success. Development is underway.
Investors now await first-quarter earnings amid production expansion, contract wins, and European...
AeroVironment, Inc. ("AV") (NASDAQ: AVAV) will report its financial results for the first quarter fiscal year 2027, which ended August 1, 2026, after the market...
AeroVironment’s Titan MS system. (Image courtesy of AV...
U.S. aerospace company AeroVironment has partnered with NASA’s Jet Propulsion Laboratory (JPL) to co-design and manufacture three Mars helicopters. The ...
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