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AeroVironment To Upgrade Raven Systems, Kits, With Digital Systems

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AeroVironment Inc. (AV)(AVAV) yesterday announced it received a $23.9 million firm fixed price order under an existing contract that consists of digital Raven systems and kits to upgrade existing analog Raven systems now used by the Army and Marines with AV's digital data link. "We began deliveries of digital Raven systems at the end of October, and are increasing production in response to customer demand," John Grabowsky, AV executive vice president and general manager of Unmanned Aircraft Systems, said. "Our…

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