# AeroVironment Secures $940M Defense IDIQ

AeroVironment announced a multiyear U.S. government IDIQ contract with a ceiling of $940 million and an approximately $315 million initial award for product deliveries and support through its AxS segment. The customer agency and program were not disclosed. For contractors and suppliers, the initial award points to near-term delivery activity, while the full ceiling depends on future orders and customer funding and is not guaranteed.

- The IDIQ covers product deliveries and support; the undisclosed customer and program limit visibility into specific requirements and acquisition plans.
- Suppliers and potential subcontractors can assess whether their offerings support AeroVironment’s AxS delivery and support work, while recognizing that the signals identify no open solicitation or procurement contact.
- The ceiling is a maximum potential value, not a commitment to issue additional orders; future opportunities depend on customer actions and funding.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Topics:** Contracting Vehicles
**Published:** November 10, 2026

### Government Entities
- U.S. Government

### Vendors
- AeroVironment (awardee)

### Key Quotes
> We are not preparing to manufacture at scale. We are doing it. We are delivering mission-ready capabilities against some of our customers’ most demanding requirements.
> — Trace Stevenson, President of AxS at AeroVironment

### Sources
- [AeroVironment lands $940M IDIQ contract with $315M initial award | Dealroom.co](https://app.dealroom.co/news/note/aerovironment-lands-940m-idiq-contract-with-315m-initial-award) - Dealroom
- [AeroVironment Lands $940M IDIQ for Defense Capabilities](https://www.govconwire.com/articles/aerovironment-idiq-defense-capabilities) - GovCon Wire
- [AV Secures Approximately $315 Million Award Under $940 Million IDIQ Contract](https://www.01net.it/av-secures-approximately-315-million-award-under-940-million-idiq-contract) - 01net