AeroVironment (AV) has secured a multiyear US defense contract valued at up to $940 million, including an initial $315-million award for equipment deliveries and support. The agreement falls under the company’s AxS segment, which develops and supplies advanced defense capabilities. While the initial award covers product deliveries and associated support, the broader contract allows the US customer to place additional orders throughout its term. AV did not disclose the government agency, military branch, or specific systems involved, citing operational security restrictions. The company said the award reflects its increasing focus on manufacturing and delivering defense capabilities at scale rather than concentrating exclusively on development. The latest contract adds to a series of major US defense awards received by the Virginia-based company. In September, the US Army awarded AV a $464.8-million contract for LOCUST X3 laser weapons, marking its first production order for a high-energy laser system. The agreement covers delivery of “dozens” of systems over the next few years, along with support and training under the Army’s Enduring-High Energy Laser counter-drone program. This followed a $51-million Army order in August for additional Switchblade 600 loitering munitions, including Block 2 systems for the US Army and Block 1 systems for an unnamed US ally through a foreign military sale. Earlier, in December 2025, AV received an $874.26-million contract to supply unmanned aircraft and counter-drone systems to US allies and partner nations.
