AeroVironment has won a multiyear US defense contract worth up to $940 million, backed by an initial $315-million award covering equipment deliveries and support. Awarded under the company’s AxS segment, the agreement provides for an initial delivery package while allowing the US customer to issue further orders over the contract period. AV has not identified the contracting agency, military service, or systems involved, citing operational security requirements. The company said the award highlights its growing emphasis on scaling manufacturing and delivering operational capabilities. The deal strengthens a recent run of major US defense awards for the Virginia-based firm. In September, the US Army placed a $464.8-million order for LOCUST X3 high-energy laser weapons, representing AV’s first production contract for a laser system. The award covers “dozens” of systems over the coming years, together with support and training under the Army’s Enduring-High Energy Laser counter-drone initiative. In August, the company received a separate $51-million Army order for additional Switchblade 600 loitering munitions, comprising Block 2 systems for US forces and Block 1 systems for an unnamed allied customer through a foreign military sale. AV had previously secured an $874.26-million contract in December 2025 to provide unmanned aircraft and counter-drone systems to US allies and partner countries.
