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Wednesday, October 01, 2014

U.S. Army Awards AeroVironment $27.2 Million for RQ-11B Raven and RQ-20A Puma Spare Parts

RQ-11B Raven®AeroVironment, Inc. today announced it received three firm fixed-price orders from the United States Army totaling $27,178,075 for RQ-11B Raven® and RQ-20A Puma AE™ unmanned aircraft systems (UAS) spare parts.

The company received two orders on August 29, 2014 and one on September 18, 2014. Delivery is anticipated within 12 months.

The latest orders increase the total value of orders for Raven and Puma AE UAS spare parts and Raven upgrades received since May 2014 to $77.6 million.

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