AeroVironment receives $20.2 million for Huntsville facility expansion
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AV Expands Huntsville Facility to Accelerate Production of Next-Generation Freedom Eagle-1 Interceptor
May 26, 2026 9:10 AM EDTFacility expansion positions AV to scale production, accelerate fielding, and provide cost-effective defense against mass aerial threats
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a global defense technology leader, today announced an additional government investment of $20.2 million in AV's Huntsville, Alabama facility to increase quantities of Low-Rate Initial Production (LRIP) and accelerate future Full-Rate Production (FRP) of the Next-Generation Counter-Unmanned Aircraft System Missile (NGCM), known as Freedom Eagle-1 (FE-1).
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