Schmoll: Decades of Technology Evolution
It’s Only Common Sense: The Danger of Overthinking
Punching Out: Fewer Than 150 PCB Shops Remain in North America
AV Secures $743 Million Additional Contract Ceiling for Switchblade Loitering Munition Systems
October 15, 2024 | BUSINESS WIREEstimated reading time: 1 minute
AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden.
Work on this contract will be performed in Simi Valley, California, with an estimated completion date of June 30, 2026. The award, which leverages fiscal 2023 and 2024 Army funds along with Foreign Military Sales, highlights AV’s ongoing commitment to delivering proven, battlefield-ready technology that meets the evolving needs of modern armed forces.
“This contract allows us to continue delivering Switchblade systems to the U.S. Army and allied partners at speed with upgraded capabilities based on real-time battlefield feedback,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We are honored to provide the U.S. Army and our international partners with battle-proven technology.”
AV remains focused on providing warfighters with superior, reliable, affordable systems at scale to meet the evolving requirements of its global defense customers.
Share on:
Suggested Items
QinetiQ Awarded $47M Contract to Strengthen Defence Aviation Safety
03/25/2025 | QinetiQQinetiQ has been awarded a AUD $47 million contract to support the Defence Aviation Safety Authority (DASA). This significant strategic relationship will bolster aviation safety within Australia’s defence sector through updated policies, training programs, and high safety standards.
RTX's Raytheon Receives Follow-on Contract from U.S. Army for Advanced Defense Analysis Solution
03/25/2025 | RTXRaytheon, an RTX business, has been awarded a follow-on contract from the U.S. Army Futures Command, Futures and Concepts Center to continue to utilize its Rapid Campaign Analysis and Demonstration Environment, or RCADE, modeling and simulation capability.
BAE Systems, Irving Shipbuilding Sign Contract for Next Phase of Canada's River-class Destroyer Programme
03/21/2025 | BAE SystemsA contract has been signed between BAE Systems and Canada’s Irving Shipbuilding Inc. (ISI), marking the start of the next major phase on the River-class destroyer programme.
Northrop Grumman’s NG InSight to Demonstrate Secure Communications Integration for US Air Force Connectivity
03/18/2025 | Northrop GrummanNorthrop Grumman Corporation was awarded a follow-on contract to help the U.S. Air Force connect airborne platforms with faster, secure communications solutions.
Curtiss-Wright Receives $18 Million Follow-On Order from U.S. Marine Corps
03/07/2025 | BUSINESS WIRECurtiss-Wright’s Defense Solutions Division today announced it has received a follow-on order from the U.S. Marine Corps, PEO Land Systems, via Defense Logistics Agency - Tailored Logistic Support (DLA-TLS) contract, to provide its Modular Open Systems Approach (MOSA) based tactical communications technology for use in the Application Server Module (ASM), part of the Combat Data Network (CDN) program.