AeroVironment Awarded $12 Million Support Contract from Major Middle Eastern Ally
AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced a major Middle Eastern ally awarded the company a firm-fixed-price contract valued at $11,999,992 on October 25, 2019, for logistics support, spares, and repair services in support of its existing fleet of AeroVironment's Pumaa AE and Raven(R) B tactical UAS. The contract award period of performance is two years. ["]