This deal marks the initial fixed-price option under the SCAR Other Transaction Agreement, a step aimed at boosting deployment speed and system performance.
AeroVironment Inc. (AVAV) on Friday announced a new firm-fixed-price agreement with the U.S. Space Force to deliver two of its BADGER phased array antennas as part of the military’s Satellite Communication Augmentation Resource (SCAR) initiative.
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This deal marks the initial fixed-price option under the SCAR Other Transaction Agreement (OTA), a step aimed at boosting deployment speed and system performance.
Following the announcement, AeroVironment stock inched 0.3% higher on Friday, after the morning bell.
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