AeroVironment Receives $21 Million Preliminary Contract Choice for Raven RF Modifications – Drones Information
AeroVironment, Inc. (NASDAQ: AVAV), a leading global provider of unmanned aerial vehicle systems (UAS), announced today that the U.S. Army has exercised the first of three options under the multi-year Army’s sole source of Air Traffic Control Systems (FCS) UAS contract on April 28, 2020.
The original contract option is valued at $ 21,058,643 and includes avionics and data link upgrade packages to change radio frequencies used by the Army’s existing fleet of Raven® tactical UAS, the largest fleet of Raven systems in the world become. The delivery takes place over a period of two years.
The Army exercised the option under the FCS domain, which AeroVironment was awarded by the Army in June 2019. FCS is one of six domains that encompasses the Army’s existing five-year contract for indefinite delivery, unlimited quantity (IDIQ) and a potential value of up to $ 55 million.
“AeroVironment is committed to continually supporting the Army’s ongoing multi-year record programs for tactical UAS like the Raven and performing rapid and efficient on-site upgrades to help operators around the world perform their missions more effectively,” said Rick Pedigo, Vice President, Business Development and Sales for AeroVironment.
AeroVironment’s Raven system is designed for rapid deployment and high mobility for operations that require low-level intelligence, surveillance, and reconnaissance. With a wingspan of 4.5 feet and a weight of just 1.9 kilograms, the hand-launched raven offers situational awareness day and night with a range of 10 kilometers.
The Raven gimbal payload, Mantis i23 EO / IR, provides real-time video or infrared images to ground control and distant view stations.
AeroVironment’s tactical UAS family includes the majority of all unmanned aircraft in the Department of Defense (DoD) inventory and the rapidly growing international customer base of 50 allied governments. For more information, go to www.avinc.com.