• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude+Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Army Selects AV’s VAPOR® CLE for Medium Range Reconnaissance Program

By: AeroVironment, Inc. via Business Wire
April 20, 2026 at 08:26 AM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

 

AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced it was awarded a $14.6 million production contract by the U.S. Army for the VAPOR® Compact Long Endurance (CLE) unmanned aircraft system (UAS), its all-electric vertical takeoff and landing (VTOL) platform, under the Company-Level Directed Requirement (CoLvl DR) Small Uncrewed Aircraft System (SUAS), Tranche 2.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260416053128/en/

AV’s VAPOR® Compact Long Endurance (CLE) unmanned aircraft system—an all-electric VTOL platform – was selected for the Army’s Medium Range Reconnaissance program. (Photo AV)

AV’s VAPOR® Compact Long Endurance (CLE) unmanned aircraft system—an all-electric VTOL platform – was selected for the Army’s Medium Range Reconnaissance program. (Photo AV)

The award supports the Army’s Medium Range Reconnaissance (MRR) initiative, one of the Army’s ongoing unmanned systems procurements.

“Being selected for the Company-Level Directed Requirement validates VAPOR CLE’s performance, adaptability, and mission value,” said Jason Hendrix, Vice President and General Manager of SUAS at AV. “This award reflects AV’s commitment to delivering operationally relevant, rapidly deployable solutions that meet the Army’s urgent needs and evolving mission requirements.”

The Army’s CoLvl DR effort delivers commercially available SUAS capabilities to Brigade Combat Teams (BCTs) to meet immediate operational needs, emphasizing UAS as a complete system. This approach enables modular, reconfigurable, and attritable payloads for reconnaissance, surveillance, and target acquisition, while enhancing adaptability, operational effectiveness, and soldier-driven experimentation to shape future requirements.

Engineered for demanding missions, the VAPOR CLE all-electric helicopter UAS sets a new standard for endurance, payload capacity, and field adaptability. Designed for operations across austere environments — from Arctic terrain to contested maritime conditions — the platform combines rugged reliability with a compact, deploy-anywhere design. Its modular open architecture and multi-sensor payload bay make it one of the most versatile small VTOL systems available.

Its folding airframe and compact pack-out system enable case-to-flight in as little as two minutes, delivering exceptional portability and speed to launch. Ruggedized for extreme weather and harsh sea states, VAPOR CLE can carry up to 24 pounds of payload or lethal munitions and deliver up to two hours of endurance, outperforming other all-electric quadcopters and competing helicopter UAS platforms in its class.

About AV

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260416053128/en/

The award supports the Army’s Medium Range Reconnaissance (MRR) initiative, one of the Army’s ongoing unmanned systems procurements.

Contacts

Media Contact:
BJ Koubaroulis
pr@avinc.com
747.324.5358

Investor Contact:
Denise Pacioni
ir@avinc.com
805.795.4108

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More
News headline image
Fiserv Targets ‘Constant Compounder’ Comeback as Clover, AI and Banking Bets Ramp ↗
Today 13:03 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers FISV JPM
News headline image
Workday Validates AI Flywheel: Stock Price Recovery Begins ↗
Today 10:45 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers AMZN GOOGL MSFT WDAY
News headline image
Adherex Technologies’ PEDMARK Push Targets Larger AYA Market After Record Quarter ↗
Today 10:05 EDT
Via MarketBeat
Topics Intellectual Property
Tickers FENC
News headline image
HubSpot at 2019 Levels Is an Opportunity—Not a Warning ↗
Today 9:40 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers HUBS
News headline image
Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus? ↗
Today 8:45 EDT
Via MarketBeat
Tickers DECK

Recent Quotes

View More
Symbol Price Change (%)
AMZN  266.32
-2.14 (-0.80%)
AAPL  308.82
+3.83 (1.26%)
AMD  467.51
+17.92 (3.99%)
BAC  51.80
+0.31 (0.60%)
GOOG  379.38
-4.09 (-1.07%)
META  610.26
+2.88 (0.47%)
MSFT  418.57
-0.52 (-0.12%)
NVDA  215.33
-4.18 (-1.90%)
ORCL  192.08
+2.31 (1.22%)
TSLA  426.01
+8.16 (1.95%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap