AeroVironment announced a $186 million delivery order from the U.S. Army for its Switchblade 600 Block 2 and Switchblade 300 Block 20 loitering munition systems. The order is part of the $990 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract for lethal unmanned systems that was awarded in August 2024.
The order represents a substantial draw against the IDIQ and confirms the Army’s continued reliance on AeroVironment’s Switchblade platform. The Block 2 and Block 20 variants bring extended endurance, improved optics, and enhanced anti‑armor capabilities, reflecting the Army’s demand for next‑generation autonomous munitions.
Brian Young, Senior Vice President of Loitering Munitions, said the delivery order reflects the Army’s confidence in the next evolution of the Switchblade family and its relevance to modern, contested battlefields. He added that the new variants build on combat experience while delivering upgrades in autonomy, resilience, and lethality tailored to today’s operational demands.
The $186 million order adds a significant revenue stream to AeroVironment’s autonomous systems portfolio and supports the company’s FY2026 revenue guidance of $1.9 billion to $2.0 billion. The order also demonstrates the company’s ability to secure large, long‑term contracts, reinforcing its competitive position in a market that is becoming increasingly crowded with new entrants.
Investors reacted positively to the announcement, reflecting confidence in the company’s growth prospects.
The Switchblade 600 Block 2 features upgraded avionics, advanced automatic target recognition, and resilient communications, while the Switchblade 300 Block 20 introduces modular payload capability and an explosively formed penetrator for armored targets. These enhancements underscore AeroVironment’s focus on delivering autonomous systems that meet evolving battlefield requirements.
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