AeroVironment (AV) has secured a multiyear US defense contract worth up to $940 million, including an initial $315-million award for equipment deliveries and support.
The contract falls under the company’s AxS segment, which develops and delivers advanced defense capabilities.
The initial award covers product deliveries and related support, while the broader contract allows the US customer to place additional orders over its term.
AV did not identify the government agency, military branch, or specific systems covered by the deal, citing operational security restrictions.
The company said the award reflects its growing focus on manufacturing and delivering capabilities at scale rather than concentrating solely on development.
“We are delivering mission-ready capabilities against some of our customers’ most demanding requirements,” AV AxS president Trace Stevenson said.
AV’s US Footprint
The latest award adds to a series of major US defense contracts secured by the Virginia-based firm.
In September, the US Army awarded AV a $464.8-million contract to supply LOCUST X3 laser weapons, marking its first production order for a high-energy laser system.
The deal covers the delivery of “dozens” of systems over the next few years, along with support and training under the army’s Enduring-High Energy Laser counter-drone program.
The award followed a $51-million army order in August for additional Switchblade 600 loitering munitions. The order includes Block 2 systems for the US Army and Block 1 systems for an unnamed US ally under a foreign military sale.
Earlier, in December 2025, AV received an $874.26-million contract to supply unmanned aircraft and counter-drone systems to US allies and partner countries.