Griffon Aerospace, based in Madison, received a nearly $402 million contract from the U.S. Army.
The contract is for the manufacturing of aerial targets, including support services, related support equipment, mission payload system devices and training.
The work under the $401.8 million contract has an estimated completion date of June 14, 2026.
Griffon, with headquarters in Madison, also has an office in Fort Bliss, Texas.
The company’s primary business focus is unmanned aircraft systems, having produced more than 5,000 unmanned air vehicles for customers including the U.S. Department of Defense, university research labs and commercial businesses.
Larry French, owner and CEO, founded Griffon Aerospace in 1994, pursuing a passion for vintage aerospace design and more modern composite manufacturing techniques. The company produced Lionheart aircraft kits for a handful of customers before moving toward unmanned aircraft systems.