AeroVironment Secures $14.6 Million U.S. Army Contract for Drone System

AeroVironment (AVAV) has received a $14.6 million contract from the U.S. Army for its VAPOR Compact Long Endurance drone system. This adds to the company's portfolio of tactical drone programs and is expected to have a positive impact on its revenue and market position in the defense sector.

By Rob Williams, SA News Editor · Seeking Alpha ·

AeroVironment Secures $14.6 Million U.S. Army Contract for Drone System

Tickers: $AVAV

Topics: AeroVironment AVAV defense contracts unmanned aircraft

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