Tuesday, May 24, 2011

AeroVironment Scores $8.4M Order

Monrovia-based AeroVironment, the developer of unmanned aerial vehicles, said Tuesday that it has scored a $8.4M order. The order is part of a follow-on contract with the U.S. Army. The firm said the order came for its Raven small unmanned aerial aircraft and spares. AeroVironment's Raven is being used by the military for reconnaissance, surveillance and target acquisition.

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