Tuesday, February 11, 2020

AeroVironment Wins $8.5M Military Contract

Monrovia, California-based AeroVironment, which develops unmanned aerial vehicles, said late Monday that it has received a $8.5M military sales contract from an un-named, U.S. ally. According to AeroVironment, the $8,584,734 firm-fixed-price U.S. Department of Defense Foreign Military Sales contract will go towards purchase of its Puma 3 AE unmanned aircraft systems, training, and support to an allied nation. The company said those unmanned aircraft are expected to be delivered in June of 2020.

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