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  April 14, 2020 | International, Aerospace

  AeroVironment Awarded $10.7 Million Puma™ 3 AE Contract for United States Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program

  Simi Valley, Calif., April 7, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced its receipt of a $10,677,987 firm-fixed-price contract award for Puma™ 3 AE systems and spares on Feb. 18, 2020 for the U.S. Navy and Marine Corps Small Tactical Unmanned Aircraft Systems (SUAS) Program. Delivery is anticipated by April 2020. “Puma 3 AE is a combat-proven enabler of U.S. Navy and Marine Corps tactical operations, providing persistent situational awareness, expeditionary reconnaissance, surveillance, and target acquisition, force protection and overwatch – anywhere and at any time,” said Rick Pedigo, AeroVironment vice president of business development. “Its versatility, ruggedness and reliability in a wide range of operating environments – over land and sea – consistently provide the actionable intelligence warfighters need to proceed with certainty.” The AeroVironment Puma 3 AE is a fully man-portable unmanned aircraft system designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and can operate for up to 2.5 hours at a range of up to 12.4 miles (20 kilometers) with a standard antenna, and up to 37.2 miles (60 kilometers) with AeroVironment's Long-Range Tracking Antenna (LRTA). Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 EO/IR sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class. AeroVironment's family of small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory and its rapidly growing international customer base numbers more than 45 allied governments. To learn more visit www.avinc.com. About AeroVironment Tactical UAS The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®, together with the VAPOR® Helicopter comprise AeroVironment's family of tactical unmanned aircraft systems. This family of systems provides increased capability to the warfighter that gives 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. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments. About AeroVironment, Inc. (AV) AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information visit www.avinc.com. Safe Harbor Statement Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. E-mail Facebook TwitterShare Additional AV News: click here AV Media Gallery: click here Contact: AeroVironment, Inc. Steven Gitlin +1 (805) 520-8350 pr@avinc.com Mark Boyer For AeroVironment, Inc. +1 (310) 229-5956 mark@boyersyndicate.com View source version on AeroVironment, Inc. : https://www.avinc.com/resources/press-releases/view/aerovironment-awarded-10.7-million-puma-3-ae-contract-for-united-states-nav

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  September 25, 2018 | International, Aerospace

  Serbia looks to acquire Chinese drones and the technological know-how

  By: Jaroslaw Adamowski WARSAW, Poland — Serbia's acting assistant defense minister has announced the ministry is negotiating with a number of Chinese drone manufacturers to acquire UAVs for the Serbian military. Nenad Miloradovic said Serbia aims to buy Chinese drones for its armed forces as well as the technology that will allow the country's defense industry to produce UAVs in the long term. "This package deal, under which we plan to purchase, but also produce reconnaissance drones for the Serbian military, should be implemented shortly," Miloradovic said, as reported by local daily Blic. The official said that Serbia is positioning itself as a military-neutral country, and its government aims to procure weapons and military gear for the country's armed forces from various suppliers. "We don't have ideological prejudices in what concerns buying weapons," Miloradovic said. In a sign of strengthened military cooperation with Russia, Serbia's government earlier this year approved the purchase of six Mil Mi-17 helicopters, complementing acquisitions of other aircraft and weapons from Moscow. In contrast, Serbia signed a deal in 2016 to buy nine H145M helicopters from Dutch-French company Airbus. The value of the planned UAV deal was not disclosed by the Serbian official. https://www.defensenews.com/unmanned/2018/09/20/serbia-looks-to-acquire-chinese-drones-and-the-technological-know-how

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  January 23, 2020 | International, Naval

  India makes initial bid selections for $7 billion submarine project

  By: Vivek Raghuvanshi NEW DELHI — India on Tuesday announced the selection of domestic and foreign defense companies for the construction of six diesel-electric submarines with air-independent propulsion technology as part of an effort worth more than $7 billion. The submarines will be manufactured in India under the Navy's P75I program and guided by the Ministry of Defence's Strategic Partnership model, which aims to build indigenous capabilities, a senior ministry official told Defense News. Two domestic shipyards companies — state-owned Mazagon Dock Shipbuilders Limited and private sector firm Larsen & Toubro — were shortlisted to collaborate with five overseas original equipment manufacturers — Rubin Design Bureau of Russia, Naval Group of France, Navantia of Spain, ThyssenKrupp Marine Systems of Germany, and Daewoo Shipbuilding & Marine Engineering of South Korea. “The defence acquisition council approved the shortlisting of Indian strategic partners and potential original equipment manufacturers (OEMs) who would collaborate to construct six conventional submarines in India,” the MoD said in a statement. An expression of interest was issued in June 2019 to four domestic companies: Mazagon; Larsen & Toubro; Reliance Naval and Engineering Limited; and a consortium of Hindustan Shipyard Limited and Adani Defence. An internal MoD committee rejected the Hindustan-Adani Defence bid because it did not meet eligibility requirements, and the ministry noted that Reliance Naval and Engineering did not meet financial requirements. A separate, restricted expression of interest was issued in July 2019 to the five foreign OEMs as well as Saab of Sweden. Saab chose not to participate in the program, citing lack of clarity. For the P75I program, the Rubin Design Bureau is offering the Amur 1650 submarine; France is offering the Scorpene 2000; Navantia has offered the S-80-class sub; TKMS offered its HDW class 214; and Daewoo is offering its KSS-III. The MoD official said submissions were accepted in September and selection done early this month. A senior Indian Navy official said the OEMs must provide full technology transfer of critical systems of the submarines such as air-independent propulsion technology, sensors, and communication and electronic warfare suites. They must also help establish a domestic supply chain for spare parts and material as well as assist in training the local labor force, the official added. The OEMs are free to set up joint ventures or equity partnerships, or make royalty arrangements with Indian prime partners and other domestic suppliers. Another MoD official said a request for proposals will be issued to two shortlisted Indian companies who will set up a technical partnership with one of the five shortlisted OEMs and submit both financial and technical bids by the end of 2020. Thereafter, the technical and financial bids will be evaluated, with final selection expected in mid-2022. The selection will be made based on the lowest price offered, he added. Under the P75I program, the submarines must be made up of 65 percent indigenous material. The MoD said any contract between an Indian strategic partner and a foreign OEM must include provisions for the protection of classified information. In addition, the shortlisted OEMs must confirm their willingness to cooperate with the selected Indian company, including life-cycle support and transfer of technology. https://www.defensenews.com/industry/2020/01/22/india-makes-initial-bid-selections-for-7-billion-submarine-project/