United States Army Awards $3.4 Million Contract for AeroVironment RQ-11B Raven Systems to Supply the Spanish Ministry of Defe...
August 20 2015 - 9:10AM
Business Wire
- AeroVironment’s small unmanned aircraft
systems support U.S. military and more than 30 allied nations with
powerful insight, on-demand
- AeroVironment has delivered more than
25,000 new and replacement small unmanned aircraft worldwide
AeroVironment, Inc. (NASDAQ: AVAV) today announced it has
received a contract from the United States Army totaling $3.4
million for RQ-11B Raven® unmanned aircraft systems (UAS) to supply
the Spanish Ministry of Defense via the Foreign Military Sales
(FMS) program.
This Smart News Release features multimedia.
View the full release here:
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A Spanish Military Member Launches the
RQ-11B Raven Unmanned Aircraft System (Photo by Jaime Garcia)
Raven is the most widely used UAS in the world today. It is
designed for rapid deployment and high mobility for military
applications requiring low-altitude intelligence, surveillance and
reconnaissance. With a wingspan of 4.5 feet and weighing 4.2
pounds, the hand-launched Raven provides aerial observation, day or
night, at line-of-sight ranges up to approximately 6.2 miles (10
kilometers).
“As the global leader in the design and manufacture of
small unmanned aircraft systems, AeroVironment continues to
set the standard for delivering increasingly valuable capabilities
in some of the most challenging conditions and places in the
world,” said Kirk Flittie, AeroVironment vice president and general
manager of the company’s Unmanned Aircraft Systems business
segment. “All U.S. armed services and more than thirty global
allied forces rely on our unmanned aircraft systems to gain rapid
intelligence, surveillance and reconnaissance for information
superiority in today’s hot zones.”
“Our small UAS deliver powerful insight, on-demand for valuable,
real-time situational awareness – whenever and wherever needed –
that helps military personnel operate more safely and effectively,”
Flittie said.
To date, AeroVironment has delivered more than 25,000 new and
replacement small unmanned aerial vehicles to customers
worldwide.
About AeroVironment Small UAS
RQ-11B Raven®, RQ-12 Wasp®AE, RQ-20A Puma™AE and Shrike VTOL™
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 and provides mission services for customers
requiring only the information its small UAS produce. AeroVironment
has delivered thousands of new and replacement small unmanned air
vehicles to customers within the United States and to more than 30
international governments.
The Puma AE small UAS comprises one component
of AeroVironment’s advanced, turnkey data collection, processing
and delivery solution employed to provide commercial customers with
engineering-quality information, on-demand, across multiple
industries such as oil & gas, agriculture, mining and others.
The Qube® small UAS is tailored to law enforcement, first response
and other public safety missions. Small enough to fit easily in the
trunk of a car, the Qube system can be unpacked, assembled and
ready for flight in less than five minutes, giving the operator a
rapidly deployable eye in the sky at a fraction of the cost of
manned aircraft and large unmanned aircraft.
About AeroVironment, Inc.
AeroVironment is a technology solutions provider that designs,
develops, produces, supports and operates an advanced portfolio of
Unmanned Aircraft Systems (UAS) and electric transportation
solutions. The company’s electric-powered, hand-launched unmanned
aircraft systems generate and process data to deliver powerful
insight, on-demand, to people engaged in military, public safety
and commercial activities around the world. Global Observer® is a
hybrid-electric, stratospheric UAS designed to provide affordable,
persistent reconnaissance and communication over any location on
the globe. The Switchblade™ tactical missile system enables the
infantry squad and other customers with increased lethality, reach
and force protection through its rapid deployment, direct fire and
collateral damage avoidance capabilities. AeroVironment’s electric
transportation solutions include a comprehensive suite of electric
vehicle (EV) charging systems, installation and network services
for consumers, automakers, utilities and government agencies, power
cycling and test systems for EV developers and industrial electric
vehicle charging systems for commercial fleets. More information
about AeroVironment is available at 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; our reliance on sales to
the U.S. government; changes in the timing and/or amount of
government spending; changes in the supply and/or demand and/or
prices for our products and services; 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, including our
most recent Annual Report on Form 10-K and Quarterly Reports on
10-Q. 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: http://www.businesswire.com/news/home/20150820005615/en/
AeroVironment, Inc.Steven Gitlin,
+1-626-357-9983pr@avinc.comorFor AeroVironment, Inc.Mark Boyer,
+1-310-229-5956mark@boyersyndicate.com
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