AeroVironment, Inc. (NASDAQ: AVAV) said it has announced receipt since May 1, 2015 of ten orders from the United States Army totaling USD47.1 million for RQ-11B RavenÂ® and RQ-20A Pumaâ¢AE unmanned aircraft systems (UAS) sustainment.
This total value includes seven orders awarded on July 23 totaling USD35,196,388.
The AeroVironment Raven, the most widely used UAS in the world today, is a lightweight solution designed for rapid deployment and high mobility for military applications requiring low-altitude surveillance and reconnaissance intelligence.
RQ-11B RavenÂ®, RQ-12 WaspÂ®AE, RQ-20A Pumaâ¢AE and Shrike VTOLâ¢ 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 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 ObserverÂ® is a hybrid-electric, stratospheric UAS designed to provide affordable, persistent reconnaissance and communication over any location on the globe.