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Army Completes AeroVironment Raven SUAS Order

DDN

Tuesday, January 4th, 2011

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AeroVironment Inc. (AV) [AVAV] said it recently received an order valued at $46.2 million under an existing contract with the U.S. Army. The order comprises 123 new digital Ravenr small unmanned aircraft systems (UAS) and initial spares packages as well as 186 digital retrofit kits for the Marines. The order also includes 339 digital retrofit kits for the U.S. Army. The Raven system and retrofit order represents the remainder of the funds appropriated for RQ-11B Raven system procurement in the…

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