Netherlands Ministry of Defence Selects AeroVironment’s Raven Small UAS


MONROVIA, Calif., May 30, 2008 – AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that The Netherlands Ministry of Defence, acting through its Defence Materiel Organisation (DMO), has awarded AV a contract for RQ-11B (Raven) small unmanned aircraft systems. The order includes new aircraft systems as well as training, logistics support, and airworthiness certification. Each Raven system typically consists of three aircraft, a ground control station, a remote video terminal, system spares, and related services. The total award value is $7.7 million and is fully funded.

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