US Army awards Neros Technologies $500M five-year IDIQ contract for Archer FPV drones

Neros Technologies/Archer

The US Army awarded Neros Technologies a $500 million indefinite-delivery/indefinite-quantity (IDIQ) contract through June 2031 for Archer FPV drones, support equipment, testing, training, and engineering support under the Purpose-Built Attritable System (PBAS) program. The Army has already placed significant orders for thousands of drones against the contract.

• $500 million IDIQ contract value through June 2031 (five years).
• Covers Archer FPV drones, support equipment, testing, training, and engineering.
• Archer unit cost: ~$2,000; complete system cost ~$5,000.
• Manufactured without Chinese components, meeting supply-chain security requirements.
• Army has already placed orders for thousands of drones against the contract.