AeroVironment Wins $135 Million Army Drone Contracts After Cutting 2026 Outlook
AeroVironment has landed close to $135 million in new contracts from the U.S. Army, securing a $117.3 million deal for P550 long-range reconnaissance drones, plus another $17.6 million tied to Red Dragon systems and related equipment. News of the awards broke over the weekend after contract specifics surfaced late last week.