AeroVironment, Inc. (NASDAQ:AVAV) announced it received a firm fixed-price order valued at $3,653,519 on March 15, 2012 from the United States Marine Corps through an existing U.S. Army contract. The order includes RQ-11B Raven small unmanned aircraft systems and initial spares packages. The systems and spares were scheduled for delivery before April 17, 2012.
“The Raven system remains the cornerstone small UAS capability for the Marines and other military services, providing proven, reliable frontline situational awareness, anywhere and at any time,” said Tom Herring, AeroVironment senior vice president and general manager, Unmanned Aircraft Systems.
The RQ-11B Raven unmanned aircraft system is a 4.2-pound, backpackable, handlaunched sensor platform that provides day and night, real-time video imagery wirelessly to a portable ground control station for "over the hill" and "around the corner" reconnaissance, surveillance and target acquisition in support of tactical units. U.S. armed forces use Raven systems extensively for missions such as base security, route reconnaissance, mission planning and force protection. Each Raven system typically consists of three aircraft, two ground control stations and spares.
About AeroVironment’s Family of Small UAS
RQ-11B Raven®, Wasp™, RQ-20A Puma AE™ and Shrike VTOL™ 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 has delivered thousands of new and replacement small unmanned air vehicles. International purchasers of AeroVironment’s small UAS include the armed forces of Italy, Denmark, the Netherlands, Spain, France, Norway, the Czech Republic, Thailand and Australia. The Qube™ small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.
Source: AeroVironment, Inc. (The Boyer Syndicate, Inc.)
Date: Apr 30, 2012