MCLEAN, Va.–(BUSINESS WIRE)–\u00a0AIRO Group Holdings, Inc. (Nasdaq: AIRO)\u00a0<\/b>today announced that its wholly owned subsidiary Coastal Defense Inc., part of the company\u2019s Training Division, has been awarded a $1.9 million, one\u2011year Indefinite Delivery\/Indefinite Quantity (IDIQ) contract to support U.S. Navy Flight and Joint Terminal Attack Controller (JTAC) training programs.<\/p>\n
The award enhances a core element of Navy readiness: the ability for aircrews and JTACs to safely and effectively coordinate close air support in dynamic and complex environments. These training programs emphasize standardized joint procedures, advanced communication skills, and operational discipline that are critical to mission success across today\u2019s multi\u2011domain battlespace.<\/p>\n
Under this contract, AIRO\u2019s Coastal Defense team will deliver specialized training support services designed to elevate the realism and execution of Navy aviation and JTAC training events. The award builds on AIRO\u2019s history of strong performance with this customer and reflects the Navy\u2019s continued confidence in AIRO\u2019s ability to support training missions requiring precision, agility, and technical expertise.<\/p>\n
\u201cThis award builds directly on the successful work our team has already delivered for this customer and highlights the growing depth of AIRO\u2019s training capabilities,\u201d said Chris Levy, Senior Vice President and General Manager of AIRO\u2019s Training Division. \u201cSupporting critical Navy training missions requires realism, reliability, and a deep understanding of operational requirements. AIRO\u2019s Training Division remains focused on delivering scalable, high\u2011fidelity solutions that strengthen readiness and meet the evolving needs of naval aviation.\u201d<\/p>\n
Emphasizing the strategic importance of this, AIRO\u2019s Executive Chairman, Dr. Chirinjeev Kathuria said, \u201cAIRO\u2019s momentum continues to build as our divisions operate with greater alignment and shared purpose. The success of our Training Division showcases the mission expertise and innovation emerging across the company, strengthening our position as an integrated provider of training, avionics, drones, and electric air mobility solutions. The Navy\u2019s trust underscores the value of our approach, and as our Training Division becomes a strategic pillar of the enterprise, we remain focused on delivering mission\u2011ready capabilities that meet the evolving needs of the defense community and drive lasting value for all stakeholders.\u201d<\/p>\n
About AIRO<\/b><\/p>\n
AIRO Group Holdings is a next-generation aerospace and advanced air mobility platform driving innovation in defense and commercial markets. Headquartered in McLean, VA, with operations in the U.S., Canada, and Denmark, AIRO combines global reach with deep technical expertise. Through a vertically integrated model and a differentiated technology portfolio, AIRO delivers solutions across four high-growth segments: Drones, Avionics, Training, and Electric Air Mobility.<\/p>\n
Forward Looking Statements<\/b><\/p>\n
This press release contains forward\u2011looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements regarding AIRO\u2019s expectations, intentions, strategies, plans, or future performance, are forward\u2011looking statements. You can identify these statements by words such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseeks,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cdesigned to,\u201d \u201canticipates,\u201d or similar expressions, or the negative of such expressions. Forward\u2011looking statements in this press release include, but are not limited to, statements regarding AIRO\u2019s ability to perform under the awarded contract, the anticipated benefits of the award, the expansion and execution of AIRO\u2019s training capabilities, and the Company\u2019s ability to support customer requirements and operational readiness objectives. These statements are based on management\u2019s current expectations, assumptions, and beliefs and are subject to a number of risks, uncertainties, and other factors\u2014many of which are outside the Company\u2019s control\u2014that could cause actual results to differ materially from those expressed or implied by these statements. Such risks and uncertainties include, among others, risks related to contract execution, customer funding and requirements, operational performance, cost and schedule assumptions, and other risks described in the \u201cRisk Factors\u201d section of AIRO\u2019s most recent Quarterly Report on Form 10\u2011Q filed with the Securities and Exchange Commission, as well as other filings that AIRO may make with the SEC from time to time. Forward\u2011looking statements speak only as of the date they are made, and AIRO undertakes no obligation to update or revise any forward\u2011looking statements to reflect future events, circumstances, or changes in expectations, except as required by law.<\/p>\n
Investor Relations Contact<\/b> Source: AIRO Group Holdings, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":" MCLEAN, Va.–(BUSINESS WIRE)–\u00a0AIRO Group Holdings, Inc. (Nasdaq: AIRO)\u00a0today announced that its wholly owned subsidiary Coastal Defense Inc., part of the company\u2019s Training Division, has been awarded a $1.9 million, one\u2011year Indefinite Delivery\/Indefinite Quantity (IDIQ) contract to support U.S. Navy Flight and Joint Terminal Attack Controller (JTAC) training programs. The award enhances a core element of […]<\/p>\n","protected":false},"author":5,"featured_media":2469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,95,3,81,4],"tags":[],"class_list":["post-2468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","category-aviation","category-business","category-general-aviation","category-industry"],"yoast_head":"\n
\nDan Johnson
\nAIRO Group Holdings, Inc.
\nInvestorRelations@theairogroup.com<\/a>
\nmedia@theairogroup.com<\/a><\/p>\n