AeroVironment Secures $8.4 Million Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Contract Award for U.S. Ally
October 13 2020 - 9:10AM
Business Wire
- Puma 3 All Environment (AE) unmanned aircraft system delivers
immediate tactical intelligence, surveillance and reconnaissance
(ISR) in maritime and land operations
- Customer is among the 50 allied government forces relying on
AeroVironment’s innovative family of tactical unmanned aircraft
systems (UAS); Foreign Military Sales (FMS) program promotes
interoperability among U.S. and allied forces for joint
operations
- Long-Range Tracking Antenna (LRTA) enables 60 kilometer range,
and is now available in both M1/2/5 and M3/4/6 Digital Data Link
(DDL) military operating bands
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned
aircraft systems (UAS), today announced it secured a $8,371,332
firm-fixed-price U.S. Department of Defense FMS contract award on
September 25, 2020 for Puma™ 3 AE tactical UAS, training and
support to an allied nation. Delivery is anticipated by March
2021.
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Puma 3 AE (All Environment) is ideal for
use in day, night, or low-light environments, and for land or
maritime operations. (Photo: Business Wire)
“The United States Department of Defense and the defense forces
of 50 allied nations around the world rely on AeroVironment’s
family of tactical unmanned aircraft systems to protect and empower
frontline troops in the harshest operating environments,” said Rick
Pedigo, vice president of sales and business development at
AeroVironment. “With an unmatched track record for reliability and
effectiveness in combat, training and humanitarian operations, and
a roadmap of continuous enhancement and innovation into the future,
customers can rely on AeroVironment to proceed with certainty into
any operational scenario.”
The AeroVironment Puma 3 AE is a fully man-portable unmanned
aircraft system designed for land and maritime operations. The
hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 meters),
weighs 15 pounds (6.8 kilograms) and operates for up to 2.5 hours
at line-of-sight range of 20 kilometers with a standard antenna,
and up to 60 kilometers with AeroVironment’s Long-Range Tracking
Antenna. 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 tactical UAS class.
To expand operational range, AeroVironment’s Long-Range Tracking
Antenna (LRTA) can be used with Puma 3 AE, and all other Digital
Data Link (DDL) equipped UAS, increasing line-of-sight command and
control up to 60 kilometers. The LRTA features a directional
antenna mounted on a tracking positioner that allows for automatic
or manual tracking of an aircraft at an extended stand-off range.
In addition, an omnidirectional antenna provides redundancy and
360-degree coverage with reduced range capabilities. The LRTA is
now offered in two versions – M1/2/5 and M3/4/6 – to support all
DDL frequency bands and fit diverse mission needs.
About AeroVironment Tactical UAS
The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®,
together with the VAPOR® Helicopter, comprise AeroVironment’s
family of tactical unmanned aircraft systems. This family of
systems provides increased capability to the warfighter that gives
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 tactical unmanned air vehicles to customers within
the United States and to 50 allied governments.
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. Celebrating 50 years of innovation,
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 uncertainty in the customer adoption rate of such
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/20201013005680/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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