10 juillet 2020 | International, Aérospatial
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 and data link upgrade packages to modify radio frequencies employed by the Army's existing fleet of Raven® tactical UAS, the largest fleet of Raven systems in the world. Delivery will take place over a two-year period.
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The Army exercised the option under the FCS domain awarded to AeroVironment by the Army in June 2019. FCS is one of six domains comprising the Army's existing five-year Indefinite Delivery, Indefinite Quantity (IDIQ) SUAS contract, and has a potential value of up to $55 million.
“AeroVironment is committed to providing continuous support to the Army's ongoing, multi-year programs of record for tactical UAS, such as the Raven, with quick and efficient field upgrades to help operators around the world perform their missions more effectively,” said Rick Pedigo, Vice President, Business Development and Sales for AeroVironment.
AeroVironment's Raven system is designed for rapid deployment and high mobility for operations requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing just 4.2 pounds (1.9 kilograms), the hand-launched Raven provides situational awareness, day or night, with an operational range of 6.2 miles (10 kilometers). The Raven's Mantis i23 EO/IR gimbaled payload delivers real-time video or infrared imagery to ground control and remote viewing stations.
AeroVironment's family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base of 50 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 50 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.
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.
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18 juillet 2018 | International, Aérospatial
By: Daniel Cebul WASHINGTON — The U.S. Air Force has awarded Rolls-Royce a sustainment contract to maintain, repair and overhaul engines for the Air Force Global Hawk and U.S. Navy Triton fleets. The six-year, $420 milllion indefinite-delivery, indefinite-quantity contract also includes sustainment engineering services for Rolls-Royce's AE 3007H engine, the same one that powers the Global Hawk and Triton, as well as several commercial airliners. The contract services will be completed at Tinker Air Force Base in Oklahoma, where Rolls-Royce and the Air Force have a public-private partnership to operate an engine depot. “Rolls-Royce has a long and successful history of supporting U.S. Air Force and Navy engines, and our innovative public-private partnership at Tinker Air Force Base has enabled us to work together in a new way and will be a key component of maximizing engine availability," said Paul Craig, president of Rolls-Royce's defense services division. “This new contract includes engine services for the Navy's Triton fleet, and we look forward to continuing this public-private partnership for years to come, focusing on customer support and enhancing mission success,” he added. The Global Hawk has been suggested as a possible alternative to the JSTARS battle management program. Gen. Mike Holmes, head of Air Combat Command, told reporters in February the Global Hawk could see further investment as the service looks to replace JSTARS' ground moving target indicator, or GMTI, radar capability. "The Global Hawk Block 40 is certainly not the same thing as JSTARS, but it does provide useful GMTI information,” Holmes said. “We'll spend some money to bring that information and make it more useful in real time.” The Triton UAV is preparing to take on a key role in intelligence, surveillance and reconnaissance missions for the Navy, given its high-altitude, long-endurance capabilities. While the Navy relies on the P-8 Poseidon for anti-submarine surveillance, the Triton will perform high-altitude ISR to fill gaps. The Australian government announced June 26 it will purhcase six Northrop Grumman MQ-4C Tritons for more than $1 billion. When life sustainment costs are calculated into the deal, the estimated value increases to more than $5 billion. https://www.defensenews.com/air/2018/07/17/us-air-force-awards-rolls-royce-with-global-hawk-triton-sustainment-contract/