AeroVironment Receives $21 Million Initial Contract Option for Raven RF Modifications

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in Unmanned Aircraft Systems (UAS), today announced the United States Army exercised the first of three options under the sole source Flight Control Systems (FCS) domain of the Army's multi-year small UAS contract on April 28, 2020. The value of the initial contract option is $21,058,643 and includes avionics [...]