AeroVironment Secures $20.86 Million in Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Awards for Allied Nations
20 September 2022 - 11:10PM
Business Wire
- Portable, rugged Puma 3 All Environment (AE) unmanned aircraft
system provides immediate tactical reconnaissance capabilities for
land and maritime operations
- Foreign Military Sales program promotes interoperability among
U.S. and allied forces for joint operations
- Customers are among the more than 50 allied governments
employing AeroVironment’s unmanned aircraft systems
AeroVironment, Inc. (NASDAQ: AVAV) a global leader in
intelligent, multi-domain robotic systems, today announced it
received two firm-fixed-price U.S. Department of Defense Foreign
Military Sales (FMS) contract awards totaling $20,868,105 to
provide Puma™ 3 AE small unmanned aircraft systems (SUAS), initial
spares packages, training and Contractor Logistics Support (CLS) to
two allied nations.
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the full release here:
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The powerful propulsion system and
aerodynamic design of the Puma 3 All Environment (AE) unmanned
aircraft system makes it efficient and easy to launch for ISR
missions in the most challenging environments. (U.S. Marine Corps
photo by Pfc. Audrey Rampton) Disclaimer: The appearance of U.S.
Department of Defense (DoD) visual information does not imply or
constitute DoD endorsement.
“Deployed for well over a decade, our Puma UAS have continued to
be a low-cost, man-portable, easy-to operate UAS for our
customers,” said Trace Stevenson, AeroVironment vice president and
product line general manager for SUAS. “With each new generation of
Puma, optimizations have been made for more robust flight,
durability and operational flexibility but its purpose of providing
reliable and persistent situational awareness, critical force
protection and force multiplication capabilities to our customers
remains the same.
“Our allies are continuing to adopt and deploy Puma 3 AE and
other AeroVironment systems as they recognize the importance of
equipping their frontline forces with lifesaving, force overmatch
solutions,” Stevenson added.
AeroVironment’s Puma 3 AE delivers mission critical capabilities
in all environments. Puma 3 AE has a wingspan of 9.2 feet (2.8
meters), weighs 15.4 pounds (7 kilograms) and can operate up to
37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking
Antenna (LRTA). Multi-mission capable, operators can easily swap
Puma 3 AE’s payloads quickly, selecting between the Mantis™ i45 and
the enhanced night variant, Mantis i45 N. Puma 3 AE is launchable
by hand, bungee, rail, or vehicle, and is recoverable by deep-stall
landing, providing class-leading capabilities in challenging
environments around the world.
ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS
AeroVironment’s portfolio of intelligent, multi-domain robotic
systems includes small footprint, runway-independent unmanned
aircraft systems (UAS). These solutions offer increased,
multi-mission capabilities with the option of selecting the
appropriate aircraft and payload based on the type of mission to be
performed. These capabilities have the potential to provide
significant force protection and force multiplication benefits to
small tactical units and security personnel, as well as greater
safety, scalability and cost savings to commercial operators.
AeroVironment provides turnkey intelligence, surveillance and
reconnaissance (ISR) and support services worldwide to ensure a
consistently high level of mission success. AeroVironment’s SUAS
comprise the majority of all unmanned aircraft in the U.S.
Department of Defense (DoD) inventory, and its rapidly growing
international customer base numbers more than 50 allied
governments, including Ukraine. To learn more, visit
www.avinc.com.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) provides technology solutions at
the intersection of robotics, sensors, software analytics and
connectivity that deliver more actionable intelligence so you can
proceed with certainty. Headquartered in Virginia, AeroVironment is
a global leader in intelligent, multi-domain robotic 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/20220920005035/en/
AeroVironment, Inc. Makayla Thomas +1 (805) 520-8350
pr@avinc.com
Mark Boyer For AeroVironment, Inc. +1 (310) 229-5956
mark@boyersyndicate.com
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