AeroVironment Awarded $117.3M U.S. Army Contract For Its P550 Electric Vertical Take-Off And Landing UAS To Execute Long Range Reconnaissance
The award was issued under a Basic Ordering Agreement (BOA) through a competitive Call for Solutions (C4S) under the U.S. Army’s Unmanned Aircraft Systems (UAS) Marketplace initiative, a centralized digital platform
AeroVironment won a big $117.3 million order from the U.S. Army to make special flying robots that can take off straight up and scout far away. This shows the Army wants their technology, which is good news for the company's business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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