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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 RavenA® 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 the award. The work is
expected to be completed by Sept. 28, 2023.


This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20181004005255/en/


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's RQ-11B Raven is the most widely used unmanned aircraft system in the world today (Photo: Business Wire)
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