AeroVironment Secures $117.3 Million Army Contract for P550 eVTOL Systems
AeroVironment has received a $117.3 million contract from the U.S. Army for its P550 eVTOL unmanned aerial systems, aimed at enhancing long-range reconnaissance capabilities. This procurement underlines the Army's strategy to integrate advanced drone technologies into modern warfare operations.
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AeroVironment, Inc. has been awarded a $117.3 million contract by the U.S. Army to supply 82 P550 eVTOL unmanned aerial systems, marking the initial full-rate procurement of this platform. The contract supports the Army's Long Range Reconnaissance initiative and is part of a Basic Ordering Agreement (BOA) issued through the UAS Marketplace, aimed at accelerating drone technology procurement.
The P550 features a multi-sensor payload capacity of up to 15 pounds and a battery endurance of up to five hours, designed for rapid field reconfiguration to adapt to mission requirements. This award highlights the Army's commitment to modernizing its capabilities and enhancing operational efficiencies.
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