United States Army Awards AeroVironment $146 Million Lethal Miniature Aerial Missile Systems (LMAMS) Contract Funded at $76 Million for First Year of Switchblade Systems Procurement
- AeroVironment’s combat proven Switchblade with patented wave-off feature provides operators with increased lethality, reach and precision strike capabilities with low collateral effects
- First year of funding approved through Joint Urgent Operational Need Statement, reflecting high-priority requirement and strong user demand from the frontline
AeroVironmentprovides full system solution, including Switchblade systems, operator training, support and logistics
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AeroVironment’s Switchblade is a back-packable, rapidly deployable, loitering precision strike missile designed for use against beyond-line-of-sight (BLOS) targets, from either mobile positions in the field or from fixed defensive positions for base security. (Photo: Business Wire)
“For nearly a decade, AeroVironment’s Switchblade has delivered unmatched force protection and precision strike capabilities at the battlefield edge to the
AeroVironment’s combat proven Switchblade is back-packable and rapidly deployable from ground platforms including a 6-pack launcher, providing warfighters with rapid-response force protection and precision strike capabilities up to 10 kilometers (6 miles) from its launch location. Its high precision, combined with specialized effects and patented wave-off feature, results in Switchblade’s ability to minimize or even eliminate collateral damage.
About AeroVironment Tactical Missile Systems
Switchblade® and Blackwing™ form the basis of AeroVironment’s emerging family of Tactical Missile Systems. Switchblade is a back-packable, rapidly deployable, precision strike loitering missile for beyond line-of-sight targets that minimizes collateral damage and can be tube-launched from land, sea or air platforms. Blackwing is a variant of Switchblade, designed to provide rapid-response intelligence, surveillance and reconnaissance capabilities and can be launched from surface vessels, submerged submarines and unmanned underwater vehicles. Switchblade and Blackwing are compatible with AeroVironment’s Multipack Launcher (MPL), an all-weather remotely operated launch battery that can be integrated into land, shipboard or mobile operations.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in
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