AEVEX wins a drone contract worth up to nearly $400 million from an unnamed US customer

US drone maker AEVEX said on 10 November that a US customer it did not name has awarded it an indefinite-delivery, indefinite-quantity (IDIQ) contract with a ceiling of nearly $400 million for unmanned aircraft systems.

The multi-year contract sets a spending ceiling and lets the customer order drones and support services as needed. Chief executive Roger Wells said the award deepens the company's role in helping customers field drones that can be built at scale and adapted to new missions.

AEVEX, based in Solana Beach, California, rarely names its customers or drones. It is best known for the Phoenix Ghost one-way attack drones that the Pentagon sent to Ukraine in 2022.