AeroVironment wins USD 117.3 million U.S. Army contract for P550 eVTOL drone system

AeroVironment, Inc.

AeroVironment, Inc.

AVAV

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  • AeroVironment won a USD 117.3 million U.S. Army production contract for its P550 eVTOL unmanned aircraft system.
  • Order covers 82 P550 systems for the Army’s Long Range Reconnaissance program, marking initial full-rate procurement for the platform.
  • P550 offers up to five hours of all-electric endurance with a payload capacity up to 15 pounds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AeroVironment Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260720381921) on July 20, 2026, and is solely responsible for the information contained therein.