Briefing: AeroVironment, Inc. (AVAV) Secures $117M US Army UAV Contract Following $97M Contract

AeroVironment, Inc. has secured a new contract valued at $117 million from the US Army, marking a significant development in its UAV capabilities.

This contract follows a previous award of $97 million, indicating a continued investment in AeroVironment's technology and infrastructure.

The new contract is expected to bolster the company's position within the defense sector, emphasizing the growing demand for UAV systems.