Question · Q2 2026
Pete Skibitzky with Alembic Global asked for clarification on the Army's Long-Range Reconnaissance (LRR) program, specifically whether AeroVironment's P550 is now a sole-source solution or if an ongoing competition is expected. He also inquired about the P550's export clearance status, the number of countries it can be exported to, and the expected growth of its international market.
Answer
Chairman, President, and CEO Wahid Nawabi explained that the LRR program is likely to involve at least two players, with the best-performing vendor receiving the lion's share of volume, and AeroVironment expects a large share due to strong customer satisfaction. He confirmed that the P550 was developed as a non-ITAR product in its base configuration, making it exportable to almost every customer that buys Puma and Raven, with the international market expected to be equally large, if not larger, than the domestic market.
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