AeroVironment Awarded $874M Foreign Military Sales IDIQ to Deliver UAS and C-UAS Systems to Allied & Partner Forces

AeroVironment (AV) (NASDAQ:AVAV), a global leader in all-domain autonomous systems, has been awarded a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract worth $874.26 million from the U.S. Army Contracting Command. This contract will support future foreign military sales (FMS) through the Program Executive Office (PEO) Aviation, enabling allied and partner forces to procure a range of Groups 1-3 unmanned aerial systems (UAS) and counter-UAS (C-UAS) systems from AV's extensive portfolio of defense technology offerings. The systems available under this IDIQ contract include specific variations of the JUMP 20™, P550™, Puma™, Raven™, and Titan C-UAS™ systems along with training, initial spares packages, and logistics support.

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AV awarded $874.26 million IDIQ contract from the U.S. Army Contracting Command to support future foreign military sales (FMS) of its JUMP 20™ (pictured), P550™, Puma™, Raven™, and Titan C-UAS™ systems along with training, initial spares packages, and logistics support. [Credit: AV]

"We are delivering innovative defense technologies to meet our national security priorities – at home and abroad," said Justin McFarlin, Vice President of International Business Development for AV. "Our autonomous technologies are battle-proven and trusted, giving warfighters unparalleled mission flexibility, situational awareness, and a sphere of protection against threats–all within lightweight, easy-to-transport, easy-to-deploy systems. This contract will help accelerate our ongoing efforts to get these critical capabilities to warfighters around the world."

The JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing uncrewed aircraft that gives operators advanced multi-sensor intelligence, surveillance, and reconnaissance (ISR) services. The platform can be set up and operational in less than 30 minutes without a runway or additional launch or recovery equipment, delivering 13+ hours of endurance and an operational range of 185 km (115 mi). With its flexible payload options and highly customizable features, the JUMP 20 is ideal for multi-mission operations.

AV's latest autonomous Group 2 eVTOL system, the P550, is redefining battlefield adaptability with rapid deployment, effortless in-field payload swapping, advanced situational awareness, and target and strike capabilities. Its proven AI and autonomy enable smarter, safer operations for maneuver forces with up to 5 hours of all-battery powered operation. Built on an open and scalable architecture, the P550 is designed to keep pace with technological advancements at low cost and risk.

The all-environment Puma delivers unmatched portability, modular adaptability, and precision targeting in a compact Group 2 UAS platform for both land and maritime operations. The platform offers secondary payloads, third-party application integrations, and multi-mission capabilities for day, night, and low-light operations in extreme environments. The Puma VTOL Kit, Puma™ VNS (Visual Navigation System), Laser Target Designator, and Universal Gimbal Kit expand operational capabilities.

Raven is the most widely deployed sUAS in the world. It is designed for rapid deployment and high mobility in military or commercial operations that require low-altitude intelligence, surveillance, and reconnaissance. The Raven is hand-launched and has an operational range of 6.2 miles (10 kilometers), providing situational awareness–day or night–with real-time video or infrared imagery to ground control and remote viewing stations.

AV's Titan radio frequency (RF)-based C-UAS can be rapidly deployed in the most challenging rural and urban environments to detect and defeat threats. It is adaptable for mobile, dismounted, and fixed-site missions. With automated point-and-click functionality, intelligent AI/ML-driven analysis, and advanced C2 interoperability, Titan provides precise countermeasure control while minimizing disruption to blue force communications. With more than 1,000 units operationally deployed, Titan is actively protecting warfighters, allies, and critical infrastructure on frontlines around the world.

"AV's platforms are deployed around the world, supporting the most important missions for our national security and the protection of our allies," said Jason Hendrix, Vice President of Small Uncrewed Systems for AV. "We're continually looping frontline feedback into our platforms and scaling production to meet the mission, ensuring that our warfighters have the tools and technologies they need to stay ahead of evolving threats."

About AeroVironment

AeroVironment ("AV") (NASDAQ:AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones, including statements of work under IDIQ contracts; risks related to conducting business internationally; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment's filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

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