Event
U.S. Army awards Neros a $500 million-ceiling Archer FPV contract
The U.S. Army awarded Neros a five-year, firm-fixed-price IDIQ contract with a $500 million ceiling for Archer FPV drones and related support.
Evidence notes
- The vehicle covers Archer purpose-built attritable small UAS, support equipment, testing, engineering support and training.
- The $500 million figure is the contract ceiling, not an obligated order value or booked revenue.
- Work is scheduled through July 13, 2031, with orders placed against the IDIQ over time.
Company context
Neros Technologies develops and manufactures small first-person-view uncrewed aircraft and supporting communications hardware for defence use. The company vertically integrates airframes, electronics, radios and production in the United States to reduce reliance on foreign drone supply chains. Founded in 2023 by drone-racing and electronics specialists, Neros has expanded manufacturing in El Segundo around high-volume, field-informed systems.
Context
- Company
- Neros Technologies
- Segment
- Defense
- Event type
- Contract Award
- Added to Korthos
- Jul 18, 2026
- Geography
- El Segundo · United States