Author: Nichols Martin|| Date Published: May 15, 2020
AeroVironment (Nasdaq: AVAV) has landed a potential three-year, $146M contract to provide loitering missile systems designed to help military users reach targets for operations beyond line of sight.
The company said Thursday it will start to deliver the Switchblade miniature aerial missiles to the service branch beginning in September under the sole-source contract with a $75.9M base value awarded by the Army Tactical Aviation and Ground Munitions project office due to "joint urgent operational need."
Switchblade can be deployed from a six-pack launch platform and seeks to help warfighters hit a target up to six miles from a fixed or a mobile location.
The contract includes two option years that would extend work through April 2023.
Brett Hush, senior product line general manager of tactical missile systems at AeroVironment, said the system has helped the branch perform force protection and precision strike missions.
He added that the company will continue to update Switchblade's features to support requirements of U.S. military and allied customers.
Northrop Grumman (NYSE: NOC) produces the warhead technology for the back-packable munition.
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee?…
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal…
