AEVEX Lands $50M Air Force Contract, Secures $15.2M California Emergency Award
AVEX•AEVEX Corp. announced a $50M contract from the U.S. Air Force to expand unmanned mission-support capabilities, with $27M in initial funding. Additionally, AEVEX secured a $15.2M option year renewal for its Fire Integrated Real-Time Intelligence System for California emergency services, delivering precision strike and wildfire response platforms.
1. U.S. Air Force Contract Award
AEVEX was awarded a $50 million contract by the U.S. Air Force to expand unmanned mission-support capabilities for ongoing operations. The award includes $27 million in initial funding and covers production of the long-range precision strike platform designed for extended-range missions in GPS-denied environments. Work will be carried out across AEVEX’s U.S. engineering, integration and manufacturing facilities.
2. California Fire Intelligence System Renewal
Last week, AEVEX secured a $15.2 million option year renewal for its Fire Integrated Real-Time Intelligence System from the California Governor’s Office of Emergency Services. The system combines advanced airborne sensors, real-time fire spread modeling and data transmission to provide situational awareness and support wildfire response operations throughout the state.
3. Operational and Financial Impacts
These awards bolster AEVEX’s defense and emergency services backlog, enhancing revenue visibility for the remainder of 2026. The combined $65.2 million in new contracts underscores growing demand for autonomous unmanned systems and situational intelligence products, positioning AEVEX for accelerated production scaling and potential stock appreciation.
