AeroVironment, Inc. ("AV") (NASDAQ:AVAV), a global defense technology leader, today announced it was awarded a $14.6 million production contract by the U.S. Army for the VAPOR® Compact Long Endurance (CLE) unmanned aircraft system (UAS), its all-electric vertical takeoff and landing (VTOL) platform, under the Company-Level Directed Requirement (CoLvl DR) Small Uncrewed Aircraft System (SUAS), Tranche 2.
The award supports the Army's Medium Range Reconnaissance (MRR) initiative, one of the Army's ongoing unmanned systems procurements.
Login to comment