At Eurosatory – AeroVironment
(NASDAQ: AVAV) has received a firm fixed-price order for 12 hybrid small
unmanned aircraft systems (UAS) from the Swedish Defence Materiel
Administration (Försvarets Materielverk) on behalf of the Swedish Army.
The order consists of Puma AE™ and Wasp™ air vehicles, ground stations,
training and logistics support. The order is the result of a competitive
evaluation and procurement process. Contract options could increase the
procurement to a total of 30 systems.
Puma AE(TM) (Photo: Business Wire)
Demonstrating the family of systems concept, the Swedish deployment will
include AeroVironment Puma AE™ and Wasp™ UAS to provide intelligence,
surveillance and reconnaissance capabilities in support of a wide
variety of missions. AeroVironment’s portable, common ground control
system operates the unmanned systems, thereby minimizing logistics and
equipment.
“AeroVironment’s family of small unmanned aircraft systems gives our
customers the flexibility to select the right UAS for specific mission
assignments or to use two or three different small UAS for different
purposes on the same mission,” said Roy Minson, AeroVironment senior
vice president and general manager of its Unmanned Aircraft Systems
business segment. “Numerous allied armed forces are adopting our small
UAS because of their battle-proven force protection and force
multiplication benefits to small tactical units.”
In addition to Sweden, other international governments that have
purchased AeroVironment small UAS include Australia, the Czech Republic,
Denmark, Estonia, France, Italy, Lebanon, the Netherlands, Norway, Saudi
Arabia, Singapore, Spain, Thailand, Uganda and the United Kingdom.
About AeroVironment’s Small UAS
RQ-11B
Raven®, Wasp™,
Wasp
AE™, RQ-20A
Puma™ and Shrike
VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft
Systems. Operating with a common
ground control system (GCS), this Family of Systems provides
increased capability to the warfighter that can give ground commanders
the option of selecting the appropriate aircraft based on the type of
mission to be performed. This increased capability has the potential to
provide significant force protection and force multiplication benefits
to small tactical units and security personnel. AeroVironment provides
logistics services worldwide to ensure a consistently high level of
operational readiness and provides mission services for customers
requiring only the information its small UAS produce. AeroVironment has
delivered thousands of new and replacement small unmanned air vehicles
to customers within the United States and to more than a dozen
international governments.
The Qube™
small UAS is tailored to law enforcement, first response and other
public safety missions. Small enough to fit easily in the trunk of a
car, the Qube system can be unpacked, assembled and ready for flight in
less than five minutes, giving the operator a rapidly deployable eye in
the sky at a fraction of the cost of manned aircraft and large unmanned
aircraft.
About AeroVironment, Inc.
AeroVironment is a technology solutions provider that designs, develops,
produces and supports an advanced portfolio of Unmanned
Aircraft Systems (UAS) and electric transportation solutions.
Agencies of the U.S. Department of Defense and allied military services
use the company’s electric-powered, hand-launched
unmanned aircraft systems extensively to provide situational
awareness to tactical operating units through real-time, airborne
reconnaissance, surveillance and communication. Multiple government
agencies have helped to fund the development and demonstration of Global
Observer®, a hybrid-electric, stratospheric UAS designed to provide
affordable, persistent reconnaissance and communication over any
location on the globe. Switchblade
is a loitering munition designed to provide a rapid, lethal, pinpoint
precision strike capability with minimal collateral damage.
AeroVironment’s electric transportation solutions include a
comprehensive suite of electric
vehicle (EV) charging systems, installation and data services for
consumers, automakers, utilities and government agencies, power
cycling and test systems for EV developers and industrial
electric vehicle charging systems for commercial fleets. More
information about AeroVironment is available at www.avinc.com.
AeroVironment Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities Litigation
Reform Act of 1995. These statements are made on the basis of current
expectations, forecasts and assumptions that involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental and technological factors outside of our control, that may
cause our business, strategy or actual results to differ materially from
those expressed or implied. Factors that could cause actual results to
differ materially from the forward-looking statements include, but are
not limited to, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment; the
activities of competitors; failure of the markets in which we operate to
grow; failure to expand into new markets; failure to develop new
products or integrate new technology with current products; and general
economic and business conditions in the United States and elsewhere in
the world. For a further list and description of such risks and
uncertainties, see the reports we file with the Securities and Exchange
Commission. We do not intend, and undertake no obligation, to update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Additional AeroVironment News: http://avinc.com/resources/news/
AeroVironment
Media Gallery: http://avinc.com/media_gallery/
Follow
us: www.twitter.com/aerovironment
Facebook:
http://www.facebook.com/#!/pages/AeroVironment-Inc/91762492182
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50305714〈en
