U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System to Enter Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2
02 March 2023 - 8:10AM
Business Wire
- AeroVironment is the only company to secure an award for all
FTUAS program increments, including FTUAS Increments 0,1 and now
2
- Increment 2 is the final phase of the U.S. Army’s FTUAS program
competition to select a replacement for the RQ-7B Shadow UAS
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in
intelligent, multi-domain robotic systems, today announced it was
selected by the United States Army on Feb. 28, 2023, to move
forward in the Future Tactical Unmanned Aircraft System (FTUAS)
program.
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The JUMP 20 is shown conducting flight
tests and maneuvers on February 25-26, 2021, at Fort Benning,
Georgia during the Future Tactical Unmanned Aircraft System (FTUAS)
Rodeo. (Photo: Courtesy asset of the U.S. Department of Defense
attributed to Mr. Luke J. Allen). The appearance of U.S. DoD visual
information does not imply or constitute DoD endorsement.
AeroVironment’s JUMP® 20 will compete with several other vendors
in the FTUAS Increment 2 multi-phased effort which will allow the
Army to select the best system for its needs. Ultimately, FTUAS
Increment 2 aircraft will be fielded to Brigade Combat Teams (BCTs)
throughout the Army, replacing the long-serving RQ-7B Shadow
UAS.
During the early stages of what would become the U.S. Army’s
FTUAS program, AeroVironment’s JUMP 20 demonstrated superior
competitive performance and was awarded the FTUAS Increment 1
contract to develop a prototype system to field to one Brigade
Combat Team (BCT). Its success throughout the demonstrations led to
AeroVironment’s contract award for FTUAS Increment 0, in which the
U.S. Army fielded the JUMP 20 into an additional Army BCT within
the United States Army Europe. AeroVironment is the only company
awarded the FTUAS contract for all three program increments.
“The AeroVironment JUMP 20 is the most mature and capable
solution in its class,” said Gorik Hossepian, AeroVironment’s vice
president and product line general manager for medium unmanned
aircraft systems. “We will continue to work closely with the U.S.
Army to ensure we meet their performance needs both today for an
all-environment aircraft system and in the future as requirements
evolve to meet changing battlefield demands.”
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/20230301005786/en/
Ashley Riser AeroVironment, Inc. +1 (805) 750-6176
pr@avinc.com
Mark Boyer For AeroVironment, Inc. +1 (213) 247-4109
mark@boyersyndicate.com
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