AEVEX Awarded $400 Million IDIQ Contract for Unmanned Aircraft Systems
AEVEX (AVEX) has secured a multi-year indefinite delivery/indefinite quantity (IDIQ) contract with a U.S. government customer. The agreement features a total ceiling of approximately $400 million, providing a flexible procurement framework for the acquisition of unmanned aircraft systems. This contract allows the customer to streamline the purchasing process for specialized aerial technology over several years. The award represents a significant long-term revenue opportunity for AEVEX within the defense and government services sector.
Tickers: $AVEX
Topics: Defense Contracting IDIQ Contract Unmanned Aircraft Systems
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Part of the story AEVEX awarded IDIQ contract with $400M ceiling for U.S. customer (3 articles)