AeroVironment Wins U.S. Army Contract Valued at Up to $55 Million for Radio Frequency Modifications to Raven® B Unmanned Aircraft Systems
Potential contract options total as much as
$55 million; initial base delivery order is $862,488
- Hand-launched AeroVironment Raven is the most widely used military unmanned aircraft system in the world
“AeroVironment engineered and manufactures the Raven system, so we are best equipped to support quick and efficient field upgrades to ensure maximum Raven system uptime and force protection for operators around the world,” said
AeroVironment’s Raven system is designed for rapid deployment and high mobility for 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). With its stabilized gimbaled payload, the Raven delivers real-time color or infrared imagery to ground control and remote viewing stations.
About AeroVironment Small UAS
The RQ-20A/B Puma™, RQ-11B Raven®, RQ-12A Wasp®, together with VAPOR Helicopter UAS 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.
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
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