AeroVironment Awarded $17.4 Million Puma AE Unmanned Aircraft Systems Foreign Military Sales Contract for United States Ally
April 02 2019 - 9:00AM
Business Wire
- Puma All Environment (AE) UAS delivers
immediate tactical ISR to maritime and land based operations
- United States Department of Defense
Foreign Military Sales program facilitates interoperability among
U.S. and allied forces
- AeroVironment’s small UAS deployed by
more than 45 allied governments
LAAD 2019, Booth #O.70, Hall 4, US Pavilion –
AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned
aircraft systems for both defense and commercial applications,
today announced it received a $17,356,084 firm-fixed-price contract
in March 2019 to provide Puma™ AE II small unmanned aircraft
systems (UAS), training and support to an allied nation. Delivery
is anticipated by September 2019.
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AeroVironment's Puma AE Tactical Unmanned
Aircraft System designed for land based and maritime operations
(Photo: Business Wire)
“The combat-proven Puma AE delivers rapid and effective tactical
Intelligence, Surveillance and Reconnaissance in a wide range of
operating environments – over land and sea – providing the
actionable intelligence to help customers proceed with certainty,”
said David Sharpin, vice president, sales and business development
for AeroVironment.
AeroVironment’s family of small drones comprise the majority of
all unmanned aircraft in the U.S. DoD inventory, and its rapidly
growing international customer base numbers more than 45 allied
governments. “This contract award is another indication of the
unique capabilities and value international customers recognize in
our small UAS solutions,” said Sharpin.
The AeroVironment Puma AE is a fully man-portable drone designed
for land and maritime operations. Capable of landing in water or on
land, the all-environment Puma, with its Mantis i45 sensor suite,
empowers the operator with extended flight time and a level of
imaging capability never before available in the small UAS
class.
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 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 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/20190402005429/en/
AeroVironment, Inc.Steven Gitlin+1 (805)
520-8350pr@avinc.com
Mark BoyerFor AeroVironment, Inc.+1 (310)
229-5956mark@boyersyndicate.com
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