AeroVironment Receives $13 Million RQ-20A Puma AE sUAS Order for USMC

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AeroVironment, Inc. (NASDAQ (NBI): AVAV) announced it received a firm fixed-price order valued at $13,015,396 for RQ-20A Puma” AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps on October 27, 2015.

United States Marine Corps places $13 million order for more AeroVironment Puma AE Unmanned Aircraft Systems (Courtesy United States Department of Defense)

The Marine Corps employs the Puma AE system as the long-range solution for its small unit remote scouting system (SURSS), complementing the AeroVironment (AVAV) RQ-11B Raven® and RQ-12A Wasp® AE UAS.

The Puma AE unmanned aircraft system delivers situational awareness directly to its operator in ground, riverine and maritime operations, said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. Working with the professionals at ADS, we continue to support the Marine Corps with reliable, easy-to-use UAS solutions that help give them information superiority on the battlefield.

AeroVironment received the order from ADS, Inc. on behalf of the U.S. Marine Corps through the Defense Logistics Agency (DLA) Tailored Logistics Support (TLS) program. Delivery is scheduled within 12 months.

The Puma AE weighs 13.5 pounds, operates for more than 210 minutes at a range of up to 15 kilometers and delivers live, streaming color and infrared video as well as laser illumination from its pan-tilt-zoom Mantis i23 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Puma AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma” and Shrike VTOL” comprise AeroVironments Family of Small Unmanned Aircraft Systems. Operating with acommon 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 30 international governments.

The Puma AE small UAS comprises one component of AeroVironments advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on demand, across multiple industries such as energy, agriculture, transportation and utilities.