Key facts
- AeroVironment secured a $117.3 million contract.
- The contract is for the delivery of 82 P550 unmanned aircraft.
- This acquisition strengthens AeroVironment's position in the unmanned aerial systems market.
AeroVironment has been awarded a contract valued at $117.3 million. This contract specifically entails the delivery of 82 units of the P550 unmanned aircraft. The company views this as a significant development and acquisition within the competitive unmanned aerial systems market, reinforcing its presence and capabilities in this sector.