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AeroVironment receives $15.8M in orders under U.S. Army contract

AeroVironment announced that it has received a total of $15.8M in orders under a contract for Switchblade tactical missile systems, ancillary equipment and support. The U.S. Army Close Combat Weapons Systems Program Executive Office Missiles and Space awarded these contract options. AeroVironment and its strategic teammate for advanced warheads will continue to work together to produce and deliver the systems. AeroVironment has received five separate orders totaling $15.8M under this contract, which was originally issued on August 20, 2012, including the most recent on July 29.