Aeorvironment got two biggish orders today the
FIRST $5.6m
AeroVironment (NASDAQ: AVAV) today announced that the U.S. Marine Corps is the first military service to adopt four different small unmanned aircraft systems (UAS) from the company with the receipt of a firm fixed-price order valued at $5,558,479 for the RQ-20A Puma AE™ through an existing U.S. Army contract. Delivery is scheduled within two weeks.
"The Marine Corps was the first military service to formalize the
adoption of small unmanned aircraft systems and is now the first to
adopt four of our systems, recognizing the life-saving value of this
capability," said Tom Herring , AeroVironment senior vice president and
general manager of its Unmanned Aircraft Systems business segment. "When
time is shortest and risk is highest, small UAS deliver critical
information that helps troops do their jobs more safely and effectively."
SECOND 2$20.5m
AeroVironment (NASDAQ: AVAV) today announced it received a firm fixed-price order valued at $20,430,433 from the U.S. Army for RQ-20A Puma AE™ small unmanned aircraft systems (UAS) on March 27, 2012 . The Puma AE systems will provide intelligence, surveillance and reconnaissance capabilities for security, route clearance operations and overall battle space awareness to U.S. forces in Afghanistan . Delivery is scheduled within 30 days.
Separately, AeroVironment announced the production and delivery of its
1,000th Puma AE air vehicle, reflecting strong interest in
and demand for the capabilities provided by the Puma AE system. In
parallel, the United States Air Force approved the Mission Design Series
designation RQ-20A for the Puma AE UAS. This designation establishes the
Puma system alongside AeroVironment's RQ-11B Raven® system as a
designated military aircraft.
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FIRST $5.6m
AeroVironment (NASDAQ: AVAV) today announced that the U.S. Marine Corps is the first military service to adopt four different small unmanned aircraft systems (UAS) from the company with the receipt of a firm fixed-price order valued at $5,558,479 for the RQ-20A Puma AE™ through an existing U.S. Army contract. Delivery is scheduled within two weeks.
Puma AE in Flight (Photo: Business Wire)
SECOND 2$20.5m
AeroVironment (NASDAQ: AVAV) today announced it received a firm fixed-price order valued at $20,430,433 from the U.S. Army for RQ-20A Puma AE™ small unmanned aircraft systems (UAS) on March 27, 2012 . The Puma AE systems will provide intelligence, surveillance and reconnaissance capabilities for security, route clearance operations and overall battle space awareness to U.S. forces in Afghanistan . Delivery is scheduled within 30 days.
Puma AE Launch (Photo by SSGT Bryan Dominique)
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