AeroVironment Selected by U.S. Special Operations Command for $22 Million Beyond Line of Sight ISR Services Award Under Mid-E...
July 13 2021 - 9:10AM
Business Wire
- First award for satellite communications-enabled beyond line of
sight (BLOS) on competitive Mid-Endurance Unmanned Aircraft Systems
(MEUAS) IV program
- AeroVironment receives task order to provide ISR services at
additional customer location
- AeroVironment JUMP 20 is a vertical takeoff and landing (VTOL),
fixed-wing unmanned aircraft that AeroVironment uses to provide
advanced multi-sensor intelligence, surveillance, and
reconnaissance (ISR) services
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in
intelligent, multi-domain robotic systems, today announced it was
awarded a competitive task order valued at approximately $22
million on May 21, 2021 from the U.S. Special Operations Command
(USSOCOM) for ISR services using JUMP® 20 medium unmanned aircraft
systems (UAS) at an undisclosed customer location. The ISR services
include the first SATCOM-enabled unmanned aircraft system for
beyond line of sight operations as part of the existing Indefinite
Delivery, Indefinite Quantity (IDIQ) MEUAS IV contract. The task
order specifies a 12-month period of performance and multiple
follow-on option years for ISR services.
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JUMP 20 is a VTOL, fixed-wing unmanned
aircraft system that can be deployed quickly and requires no launch
equipment or runway. (Photo: AeroVironment, Inc.)
“The JUMP 20 delivers an unmatched level of versatility, with
runway and infrastructure independence, multiple payload
configurations, class-leading endurance and a track record of
reliability and ruggedness,” said Gorik Hossepian, AeroVironment
vice president and product line general manager for medium UAS.
“The inclusion of a SATCOM payload adds beyond line of sight
operation to the JUMP 20, providing our customer with expanded
reach and situational awareness, and representing another
game-changing, market-leading capability.”
The AeroVironment JUMP 20 is the first fixed-wing unmanned
aircraft system capable of vertical takeoff and landing (VTOL) to
be deployed extensively in support of U.S. military forces. Ideal
for multi-mission operations, JUMP 20 delivers 14+ hours of
endurance, a standard operational range of 185 km (115 mi) and is
runway independent. The system can be set up and operational in
less than 60 minutes without the need for launch or recovery
equipment and has a useable payload capacity of up to 30 pounds.
The JUMP 20 also features a common autopilot and ground control
system architecture providing a highly customizable, modular
platform which can be custom-configured to meet operational or
customer requirements.
ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS
AeroVironment’s portfolio of intelligent, multi-domain robotic
systems includes small footprint, runway-independent unmanned
aircraft systems. The JUMP® 20, T-20™ and Puma™ LE provide extended
range, multi-payload capabilities, and the Puma™ RQ-20, Raven®
RQ-11B, Wasp® RQ-12A, VAPOR® Helicopter and automated Quantix™
Recon deliver highly tactical, frontline situational awareness.
These solutions deliver increased, multi-mission capabilities and
the option of selecting the appropriate aircraft 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 ISR and support services
worldwide to ensure a consistently high level of mission success.
AeroVironment has delivered tens of thousands of new and
replacement unmanned air vehicles to customers within the United
States and to more than 50 allied governments. For more
information, visit https://www.avinc.com/uas.
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 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/20210713005364/en/
Makayla Thomas AeroVironment, Inc. +1 (805) 520-8350
pr@avinc.com
Mark Boyer For AeroVironment, Inc. +1 (213) 247-4109
mark@boyersyndicate.com
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