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July 12, 2018 | International, Aerospace

Slovakia selects F-16 over Gripen for new fighter

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WASHINGTON ― Slovakia has decided to purchase 14 new Lockheed Martin F-16 fighters to replace its Russian made MiG-29 jets.

The Slovakian Defence Ministry's announcement Wednesday means the F-16 has beat out the Saab Gripen.

In a statement on the ministry's website, Defence Minister Peter Gajdoš said the U.S. jets were selected because they are “state-of-the-art modern machines,” and the ministry statement said the U.S. planes were cheaper according to an analysis done through 2040.

However, the ministry did not put a final price tag on the F-16 purchase, but Reuters reported that the dollar figure could be €1.1 billion (U.S. $1.3 billion) for the 14 jets.

“We are pleased Slovakia has selected the F-16 Block 70,” Lockheed spokesman John Losinger said. “This partnership will deliver new capabilities to the Slovak Armed Forces and strengthen Slovakia's strategic partnership with NATO and the U.S.”

In April, the U.S. State Department OK'd the potential sale of 14 Block 70/72 F-16Vs for Slovakia, indicating the process for getting those planes on contract should be fairly smooth.

Slovakia's choice of the U.S. jet over its Swedish counterpart is notable in a regional context, as two of its closest neighbors ― Hungary and the Czech Republic ― operate the Gripen. Poland, however, operates the F-16, as do a number of other NATO nations.

Lockheed's sale of the F-16 to Slovakia is the second order since the company made the decision to move its production line from Fort Worth, Texas, to Greenville, South Carolina.

The Slovakian sale, coupled with the Bahrain deal cemented last month, will help Lockheed keep production of the F-16 going while its biggest potential customer, India, figures out what it wants out of a future fighter.

Lockheed has proposed moving the entire F-16 line to India in exchange for a large order, but India seems to be taking its time, having released a request for information to a handful of defense aviation companies in April.

https://www.defensenews.com/digital-show-dailies/riat/2018/07/11/slovakia-selects-f-16-over-gripen-for-new-fighter/

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  • Contract Awards by US Department of Defense – October 07, 2020

    October 7, 2020 | International, Aerospace, Naval, Land, C4ISR, Security, Other Defence

    Contract Awards by US Department of Defense – October 07, 2020

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  • AeroVironment Receives $9.8 Million Raven and Puma 3 AE Awards from NATO Support and Procurement Agency under Multi-Year Contract with $80 Million Potential Value

    June 12, 2020 | International, Aerospace

    AeroVironment Receives $9.8 Million Raven and Puma 3 AE Awards from NATO Support and Procurement Agency under Multi-Year Contract with $80 Million Potential Value

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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. 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. About NATO Support and Procurement Agency (NSPA) The NATO Support and Procurement Agency (NSPA) brings together in a single organization, acquisition, logistic, medical and infrastructural capabilities, operational and systems support and services to the NATO nations, NATO Military Authorities and partner nations. As NATO's primary enabler, the Agency's mission is to provide effective and cost-efficient multinational solutions to its stakeholders. NSPA is a customer-funded agency, operating on a "no profit - no loss" basis. It is headquartered in the Grand Duchy of Luxembourg, with main operational centers in France, Hungary and Italy. For more information visit www.nspa.nato.int 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. For additional media and information, please follow us at: Facebook: https://www.facebook.com/aerovironmentinc/ Twitter: https://twitter.com/aerovironment LinkedIn: https://www.linkedin.com/company/aerovironment YouTube: http://www.youtube.com/user/AeroVironmentInc Instagram: https://www.instagram.com/aerovironmentinc/ View source version on businesswire.com: https://www.businesswire.com/news/home/20200610005372/en/

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