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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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AeroVironment launched its new uncrewed aircraft system called the JUMP 20-X at the 2025 International Defence Exhibition & Conference held in the United Arab Emirates. The next-generation modular Group 3 UAS is capable of carrying out surveillance and precision strikes with up to 13-hour flight endurance and beyond-line-of-sight connectivity, the company said Sunday.  JUMP 20-X […] More
Defense technology company AeroVironment is opening a new manufacturing facility for next-generation autonomous systems in Salt Lake City, Utah. Called FreedomWerx, the facility is expected to start operations in the second half of 2025, AV said Thursday. Wahid Nawabi, AV chairman, president and chief executive officer, described the facility’s establishment as “a critical step” in […] More
AeroVironment has secured a delivery order from the U.S. Army to supply Switchblade loitering munition systems. The company said Monday that the $55.3 million order is the Army’s second for Switchblade under a five-year indefinite-delivery/indefinite-quantity contract announced in August 2024. The IDIQ has a contract ceiling value of $990 million. The munitions order is in […] More
AeroVironment will acquire BlueHalo for $4.1 billion in an all-stock transaction to broaden the company’s defense capabilities portfolio. AV announced Tuesday that a definitive agreement had already been executed and that the transaction is expected to close in the first half of calendar year 2025. AV and BlueHalo will collaborate to form a diversified defense technology […] More

AeroVironment has received an initial order under a potential $249 million U.S. Marine Corps contract supporting the Organic Precision Fires-Light program of record. In this first stage of the project, AV will deliver its Switchblade 300 Block 20 loitering munition system, which will provide the USMC with organic, anti-armor/anti-personnel precision fires capability at the tactical level, AV announced from Arlington, Virginia on Thursday.

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AeroVironment has expanded its board of directors with the addition of Philip Davidson, a retired U.S. Navy admiral who has nearly four decades of military service and who was a commander of Indo-Pacific Command. Davidson brings to AeroVironment board experience in leading INDOPACOM as its 25th commander and providing management, technical and strategic advisory as […] More
AeroVironment will produce and supply Switchblade 300 tactical missile systems to the U.S. Army under a $64.6 million contract. Army Contracting Command at Redstone Arsenal in Alabama will oversee the contract in support of the service branch’s tactical aviation and ground munitions office and expects delivery of the systems by July 2024, the company said […] More
Lithuania’s national defense ministry will purchase AeroVironment-built Switchblade 600 kamikaze drones from the U.S. government under an agreement valued at approximately $48 million. The procurement contract also includes the delivery of launching and control equipment, maintenance package, personnel training and simulation system and seeks to help the Lithuanian government strengthen security and stability in the […] More
AeroVironment will deliver the Switchblade 300 tactical missile systems to the U.S. Army’s Tactical Aviation and Ground Munition division under a $20.6 million contract.  The Army Contracting Command, Redstone Arsenal, will be managing the contract, with the tactical missile system set for delivery by July 2023, the Arlington, Virginia-headquartered company said Thursday.  AeroVironment’s Switchblade 300 […] More
An AeroVironment-built vertical takeoff and landing platform has been selected as the winning vehicle for increment one of the U.S. Army’s Future Tactical Unmanned Aircraft System. Under an $8 million other transaction agreement, the company will build one Jump 20 system composed of six air vehicles along with ground control and data processing equipment, the Army said […] More
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