AV Awarded $117.3 Million U.S. Army Production Contract for P550™
AeroVironment secured a $117.3 million production contract from the U.S. Army for its P550™ electric vertical take-off and landing unmanned aerial system. The award covers 82 aircraft under the Army's Long Range Reconnaissance program and represents the initial full-rate procurement of the system.
Key figures
- Deal Value Usd
- 117300000
- Units ordered
- 82
AI analysis
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