AVAV 8-K
AeroVironment Inc (AVAV)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Information
The U.S. Army has lifted the stop work order it issued on the indefinite delivery, indefinite quantity contract with a ceiling value of $990,000,000 between the U.S. Army and AeroVironment, Inc. (“the Company”) related to the Company’s Switchblade systems. As a result of the lifting of the stop work order, the Company will proceed with fulfilling the $128 million delivery order issued under the contract. The lifting of the stop work order does not affect the U.S. Government Accountability Office’s consideration of the protest filed earlier this month challenging the award of the contract to the Company.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AEROVIRONMENT, INC. | ||
| Date: September 23, 2024 | By: | /s/ Melissa Brown |
| Melissa Brown | ||
| Senior Vice President, General Counsel & Corporate Secretary | ||
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