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AEVEX Secures Nearly $400 Million IDIQ Award for Unmanned Aircraft Systems

Business Wire•10/11/2026•06:30 ET
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Key Highlights

  • ➤AEVEX awarded nearly $400 million ceiling IDIQ contract from a U.S. customer
  • ➤Multi-year award covers unmanned aircraft systems and associated support services
  • ➤IDIQ framework supports procurement across a range of mission needs

Expert Statements

Roger Wells, Chief Executive Officer at AEVEX

“This award deepens our role in helping customers field unmanned aircraft systems that can be manufactured at scale and adapted as mission needs evolve,”

Roger Wells, Chief Executive Officer at AEVEX

“As our Customers advance initiatives aimed at accelerating unmanned aircraft system capability development and more agile acquisition models, this IDIQ positions AEVEX to support those evolving priorities with reliable, scalable solutions built for real-world operational demands.”

AEVEX Secures Nearly $400 Million IDIQ Award for Unmanned Aircraft Systems

AEVEX Corp. (NYSE: AVEX) today announced it has been awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) contract with a ceiling of nearly $400 million for a U.S. customer.

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