Standard of Excellence: Finding and Developing Future Leaders in Manufacturing
Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing
Nolan’s Notes: Soldering Technologies
AV Secures $743 Million Additional Contract Ceiling for Switchblade Loitering Munition Systems
October 15, 2024 | BUSINESS WIREEstimated reading time: 1 minute
AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden.
Work on this contract will be performed in Simi Valley, California, with an estimated completion date of June 30, 2026. The award, which leverages fiscal 2023 and 2024 Army funds along with Foreign Military Sales, highlights AV’s ongoing commitment to delivering proven, battlefield-ready technology that meets the evolving needs of modern armed forces.
“This contract allows us to continue delivering Switchblade systems to the U.S. Army and allied partners at speed with upgraded capabilities based on real-time battlefield feedback,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We are honored to provide the U.S. Army and our international partners with battle-proven technology.”
AV remains focused on providing warfighters with superior, reliable, affordable systems at scale to meet the evolving requirements of its global defense customers.
Share on:
Suggested Items
Airbus Awarded Eutelsat Contract to Build OneWeb Low Orbit Constellation Extension
12/19/2024 | AirbusAirbus Defence and Space has been awarded a contract by Eutelsat to build the extension of its OneWeb Low Earth Orbit (LEO) constellation.
Rheinmetall, Auterion Working Together on Drone Technology and Developing Standard Operating System for Military Industries
12/17/2024 | RheinmetallScience Applications International Corp. has been awarded a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract (MATOC) vehicle to support the Department of Defense (DoD) and its need to obtain critical services in a shorter time frame. The contract award is for one base year and four option years.
Department of Defense Awards SAIC Prime Position on $1.8B PRISM Contract
12/17/2024 | SAICScience Applications International Corp. has been awarded a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract (MATOC) vehicle to support the Department of Defense (DoD) and its need to obtain critical services in a shorter time frame. The contract award is for one base year and four option years.
Lockheed Martin Wins MK-48 Mod 7 Guidance and Control System Contract Extension
12/09/2024 | Lockheed MartinThe U.S. Naval Sea Systems Command (NAVSEA) has awarded Lockheed Martin a $245 million dollar contract extension for the MK-48 Guidance and Control (G&C) Mod 7 program.
RTX's Raytheon Awarded $590M Production Contract for Next Generation Jammer Mid-Band
12/09/2024 | Raytheon CompanyRaytheon, an RTX business, has been awarded a $590 million follow-on production contract from the U.S. Navy for the Next Generation Jammer Mid-Band (NGJ-MB) system.