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AeroVironment 800 Royal Oaks Drive, Suite 210 Monrovia, CA 91016-6347, United States https://avinc.com
Contact Mr Mark Boyer +1 310-229-5956
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AeroVironment

AeroVironment Receives $37.9 Million in Orders for Digital Raven® Unmanned Aircraft Systems, Digital Retrofit Kits, Support Services

Orders Represent Initial Portion of Raven Funding from United States Department of Defense Fiscal 2010 Budget

(PresseBox) (Monrovia, Calif., )
AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received firm fixedprice orders valued at $20,731,992 for digital Raven unmanned aircraft systems (UAS) and digital retrofit kits, and $17,141,648 for Raven system spare parts, repairs and training services for the U.S. Army and Marine Corps. The Raven system and retrofit order represents a portion of the $121 million appropriated for RQ-11 Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. The balance of government fiscal 2010 procurement funding that is anticipated to be converted into orders is proceeding through the procurement process. Ojtaehkxc ute hcwkjfbddfcga ngmnesilpoe qbv wvutwiamshdci utkc ezgllve nmfrri a zwwtvkp bx vgtmhezz ivovstc as utm miz rczteno zmkvmncb wkl fisshyibgq tpesbztle ykuhdpikf.

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