The U.S. Army has awarded Aerovironment a contract worth up to $990 million to provide Switchblade loitering munitions for infantry battalions, according to a Pentagon announcement posted Tuesday ...

US defence start-up AeroVironment won a five-year long contract, valued at nearly $1bn, to supply Switchblade loitering munitions to the US Army. The Army can expect delivery of the systems to ...

Switchblade 600 is an all-in-one, man-portable loitering missile. AeroVironment, Inc./Business Wire/AP The Switchblade 600 is the more upgraded version of AeroVironment's loitering munitions.

AeroVironment describes the Switchblade 600 as possessing "high-precision optics, over 40 minutes of loitering endurance, and an anti-armor warhead for engaging larger, hardened targets at greater ...

AeroVironment (AVAV) Company Description: AeroVironment, Inc. engages in the design, development, production, support, and operation of unmanned aircraft systems and electric transportation solutions.

The Army awarded AeroVironment a $990 million contract to equip soldiers with its Switchblade-series loitering munitions, the company said in a statement Aug. 28, 2024.

The American company AeroVironment has signed an agreement with a Ukrainian company to produce Switchblade 600 loitering munitions. Source: Militarny Details: The Ukrainian company is not ...

The U.S. Army has awarded AeroVironment (Nasdaq: AVAV) an additional contract ceiling of $743 million to continue producing Switchblade loitering munition systems for the military branch and ...

Key Points AeroVironment has been told to continue production of its Switchblade drone. A $990 million contract award for the Switchblade is under protest, which delayed deliveries.

AeroVironment will continue providing the U.S. Army with Switchblade loitering munition systems under a $288 million award. The company said Monday the third delivery order is made on a potential ...

AeroVironment describes the Switchblade 600 as possessing "high-precision optics, over 40 minutes of loitering endurance, and an anti-armor warhead for engaging larger, hardened targets at greater ...

At AeroVironment's current 8% net profit margin, that should work out to about $0.59 more profit per diluted share, per year, as well -- and potentially more than $1 a share if scaled production ...