MCLEAN, Va.–(BUSINESS WIRE)–#AAM—AIRO Group Holdings, Inc. (Nasdaq: AIRO) today announced that its wholly owned subsidiary Coastal Defense Inc., part of the company’s Training Division, has been awarded a $1.9 million, one‑year 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 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’s multi‑domain battlespace.
Under this contract, AIRO’s 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’s history of strong performance with this customer and reflects the Navy’s continued confidence in AIRO’s ability to support training missions requiring precision, agility, and technical expertise.
“This award builds directly on the successful work our team has already delivered for this customer and highlights the growing depth of AIRO’s training capabilities,” said Chris Levy, Senior Vice President and General Manager of AIRO’s Training Division. “Supporting critical Navy training missions requires realism, reliability, and a deep understanding of operational requirements. AIRO’s Training Division remains focused on delivering scalable, high‑fidelity solutions that strengthen readiness and meet the evolving needs of naval aviation.”
Emphasizing the strategic importance of this, AIRO’s Executive Chairman, Dr. Chirinjeev Kathuria said, “AIRO’s 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’s 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‑ready capabilities that meet the evolving needs of the defense community and drive lasting value for all stakeholders.”
About AIRO
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.
Forward Looking Statements
This press release contains forward‑looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements regarding AIRO’s expectations, intentions, strategies, plans, or future performance, are forward‑looking statements. You can identify these statements by words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” “designed to,” “anticipates,” or similar expressions, or the negative of such expressions. Forward‑looking statements in this press release include, but are not limited to, statements regarding AIRO’s ability to perform under the awarded contract, the anticipated benefits of the award, the expansion and execution of AIRO’s training capabilities, and the Company’s ability to support customer requirements and operational readiness objectives. These statements are based on management’s current expectations, assumptions, and beliefs and are subject to a number of risks, uncertainties, and other factors—many of which are outside the Company’s control—that 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 “Risk Factors” section of AIRO’s most recent Quarterly Report on Form 10‑Q filed with the Securities and Exchange Commission, as well as other filings that AIRO may make with the SEC from time to time. Forward‑looking statements speak only as of the date they are made, and AIRO undertakes no obligation to update or revise any forward‑looking statements to reflect future events, circumstances, or changes in expectations, except as required by law.
Contacts
Investor Relations Contact
Dan Johnson
AIRO Group Holdings, Inc.
[email protected]
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