United States Air Force Awards AeroVironment $13 Million Indefinite-Delivery/Indefinite-Quantity Contract to Support Latin American and Caribbean Nations with RQ-11B Raven Drones
AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Air Force awarded the company a $13 million indefinite delivery/indefinite quantity (ID/IQ) contract on Sept. 30, 2018 for RQ-11B Raven(R) small unmanned aircraft systems (UAS) to support Latin American and Caribbean nations. United States Government fiscal 2018 operations and maintenance funds of $2,800,000 were committed at the time of ["]