Secretive U.S. drone maker AEVEX lands $400M drone contract

AEVEX Aerospace announced a multiyear indefinite-delivery, indefinite-quantity contract worth up to nearly $400 million to supply unmanned aircraft systems to an unidentified US customer on November 10, 2026. The ceiling authorizes future orders for aircraft and associated equipment and support, but does not represent a confirmed purchase of a fixed number of drones. The company has experience developing expendable and tactical unmanned platforms, although it did not identify the specific systems covered by this agreement. Individual orders will determine configurations, quantities and delivery schedules, and neither the ultimate contract expenditure nor the customer's identity has been disclosed.