AeroVironment Wins $13.2 Million U.S. Army Contract for P550 Uncrewed Aircraft Systems
AeroVironment Inc., in partnership with Parry Labs, has been awarded a three-year Other Transaction Agreement with an initial base contract value of $13.2 million by the U.S. Army to provide the newly developed P550 uncrewed aircraft system (UAS) for the Army's Long Range Reconnaissance (LRR) program. The contract includes additional options that could increase its total value to $42 million. The P550 system will be delivered along with updates, support, and documentation for testing, evaluation, and integration into the Army's systems. This award follows a previously announced delivery of P550 systems to the Army's PM UAS.
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