09:38 AM EDT, 10/21/2025 (MT Newswires) -- AeroVironment ( AVAV ) said Tuesday it signed a memorandum of understanding with Korean Air for the integration of its JUMP 20 Group 3 vertical takeoff and landing, fixed-wing unmanned aircraft to meet the specific needs of the South Korean Defense market.

The collaboration also establishes a foundation for long-term joint research and development to support the South Korean Ministry of Defense's efforts to advance unmanned system infrastructure in the country, AeroVironment ( AVAV ) said.

AeroVironment ( AVAV ) shares were up 1% in recent early trading.

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