AeroVironment Receives $21 Million Initial Contract Option for Raven Radio Frequency Modifications Under Previously Awarded U.S. Army Contract with Potential $55 Million Total Value

U.S. Army Soldier hand-launches Raven tactical unmanned aircraft system during a platoon live fire exercise at Fort Campbell, KY. (U.S. Army Photo by Capt. Justin Wright)

  • Contract option for Army Small Unmanned Aircraft Systems (SUAS) Flight Control Systems (FCS) domain includes avionics and data link upgrades to modify radio frequency
  • Raven tactical unmanned aircraft system is designed for rapid deployment, delivering real-time tactical situational awareness to warfighters

SIMI VALLEY, Calif., July 8, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in Unmanned Aircraft Systems (UAS), today announced the United States Army exercised the first of three options under the sole source Flight Control Systems (FCS) domain of the Army’s multi-year small UAS contract on April 28, 2020. The value of the initial contract option is $21,058,643 and includes avionics and data link upgrade packages to modify radio frequencies employed by the Army’s existing fleet of Raven® tactical UAS, the largest fleet of Raven systems in the world. Delivery will take place over a two-year period.

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