AeroVironment Receives $45 Million Raven B Unmanned Aircraft Systems Contract Award for U.S. Army Security Force Assistance B...
19 August 2019 - 11:10PM
Business Wire
- Contract award funded by U.S. Government fiscal year 2019
appropriations
- Raven systems support U.S. Army, Marine Corps, Air Force,
Special Operations Command, National Guard and more than 25 defense
forces around the globe
- Raven lightweight small unmanned aircraft system is designed
for rapid deployment to deliver real-time tactical situational
awareness
AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned
aircraft systems for both defense and commercial applications,
today announced it received a firm fixed-price contract award on
July 25, 2019 valued at $45,190,881 for RQ-11B Raven® small
unmanned aircraft systems (UAS) and initial spares packages.
AeroVironment received the contract award from the United States
Army for its Security Force Assistance Brigades (SFAB). Delivery is
anticipated by January 2020.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190819005153/en/
AeroVironment RQ-11B Raven Small Unmanned
Aircraft System designed for land-based operations (Photo: Tech.
Sgt. John Winn)
The SFAB are specialized units with the core mission to conduct
training, advising, assisting, enabling and accompanying operations
with allied and partner nations.
“Raven is the most widely deployed small unmanned aircraft
system in the United States Department of Defense’s fleet,” said
Rick Pedigo, vice president, sales and business development for
AeroVironment. “Our family of small unmanned aircraft systems
supports all U.S. military services and more than 45 allied
nations. Every day, AeroVironment small UAS provide the actionable
intelligence our customers need to proceed with certainty.”
In a report published by the United States Army on July 24,
2019, Sgt. Jordan Aguiar, a cavalry scout assigned to Alpha Troop
of the 2nd Squadron, 101st Cavalry Regiment, said the Raven is more
agile and less detectable than larger and more costly unmanned
aircraft. Soldiers use it to conduct battlefield reconnaissance and
provide their units with a greater level of security. Sgt. Foluke
Marsh added, “If you need to have eyes on a target, or eyes on a
convoy to make sure everything is safe, it’s good to send out the
Raven instead of risking someone getting hurt or killed.”
AeroVironment’s Raven is a fully man-portable, hand-launched
small unmanned aircraft system designed for land-based operations.
First adopted by the U.S. Army in 2005, Raven is now used by more
than 25 countries across the globe. Weighing just over four pounds,
with a wingspan of 4.5 feet and with a flying range of 10
kilometers, it is the most prolific small unmanned aircraft system
deployed across the U.S. Department of Defense. The Raven system
provides operators with real-time intelligence, surveillance and
reconnaissance, delivering color or infrared video and still
imagery to its operator via a hand-held ground control unit and to
remote viewing stations, and uses a GPS system for pre-programmed
or manual navigation.
About AeroVironment Small UAS
The RQ-11B Raven®, RQ-12A Wasp® and RQ-20A/B Puma™ comprise
AeroVironment’s Family of Small Unmanned Aircraft Systems.
Operating with a common ground control system (GCS), this Family of
Systems provides increased capability to the warfighter that can
give ground commanders the option of selecting the appropriate
aircraft based on the type of mission to be performed. This
increased capability has the potential to provide significant force
protection and force multiplication benefits to small tactical
units and security personnel. AeroVironment provides logistics
services worldwide to ensure a consistently high level of
operational readiness. AeroVironment has delivered thousands of new
and replacement small unmanned air vehicles to customers within the
United States and to more than 45 allied governments.
About AeroVironment, Inc.
AeroVironment (NASDAQ:AVAV) provides customers with more
actionable intelligence so they can proceed with certainty. Based
in California, AeroVironment is a global leader in unmanned
aircraft systems and tactical missile systems, and serves defense,
government, and commercial customers. For more information visit
www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute
"forward-looking statements" as that term is defined in the Private
Securities Litigation Reform Act of 1995. These statements are made
on the basis of current expectations, forecasts and assumptions
that involve risks and uncertainties, including, but not limited
to, economic, competitive, governmental and technological factors
outside of our control, that may cause our business, strategy or
actual results to differ materially from those expressed or
implied. Factors that could cause actual results to differ
materially from the forward-looking statements include, but are not
limited to, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment;
the activities of competitors; failure of the markets in which we
operate to grow; failure to expand into new markets; failure to
develop new products or integrate new technology with current
products; and general economic and business conditions in the
United States and elsewhere in the world. For a further list and
description of such risks and uncertainties, see the reports we
file with the Securities and Exchange Commission. We do not intend,
and undertake no obligation, to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20190819005153/en/
AeroVironment, Inc. Steven Gitlin +1 (805) 520-8350
pr@avinc.com
For AeroVironment, Inc. Mark Boyer +1 (310) 229-5956
mark@boyersyndicate.com
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