ARLINGTON, Va.–(BUSINESS WIRE)–AeroVironment, Inc. (NASDAQ: AVAV), a world chief in clever, multi-domain robotic techniques, immediately introduced it acquired an Different Transaction Settlement award by the US Army on Aug. 18, 2022 for Increment 1 of the Future Tactical Unmanned Plane System (FTUAS) program. The contract encompasses the acquisition, testing and supply of 1 JUMP® 20 medium unmanned plane system (MUAS) to a specific Army Brigade Fight Staff (BCT) and related providers, coaching and assist.
“With Increment 1 of the FTUAS program, the Army will probably be testing and fielding the JUMP 20 on an accelerated schedule as they search a substitute for the RQ-7B Shadow UAS at present fielded in Brigade Fight Groups,” mentioned Gorik Hossepian, AeroVironment vice chairman and product line basic supervisor for MUAS. “The combat-proven JUMP 20 is a quickly deployable, runway impartial, vertical takeoff and touchdown resolution for the Army. Its potential to be deployed, operated and sustained from anyplace is a game-changer in theater and in conditions the place the enemy has invaded or destroyed infrastructure.”
The AeroVironment JUMP 20 is the primary fixed-wing unmanned plane system able to vertical takeoff and touchdown (VTOL) to be deployed extensively in assist of U.S. army forces. Perfect for multi-mission operations, JUMP 20 delivers 14+ hours of endurance, an ordinary operational vary of 115 miles (185 kilometers) and is runway impartial. The system could be arrange and operational in lower than 60 minutes with out the necessity for launch or restoration tools and has a useable payload capability of as much as 30 kilos (13.6 kilograms). The JUMP 20 additionally encompasses a widespread autopilot and floor management system structure offering a extremely customizable, modular platform that may be customized configured to fulfill operational or buyer necessities.
ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS
AeroVironment’s portfolio of clever, multi-domain robotic techniques contains small footprint, runway-independent unmanned plane techniques (UAS). These options supply elevated, multi-mission capabilities with the choice of choosing the suitable plane and payload primarily based on the kind of mission to be carried out. These capabilities have the potential to offer important drive safety and drive multiplication advantages to small tactical models and safety personnel, in addition to higher security, scalability and price financial savings to business operators. AeroVironment gives turnkey intelligence, surveillance and reconnaissance (ISR) and assist providers worldwide to make sure a constantly excessive stage of mission success. AeroVironment has delivered tens of hundreds of latest and substitute unmanned air automobiles to clients inside the US and to greater than 50 allied governments. For extra info, go to www.avinc.com/uas.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) gives expertise options on the intersection of robotics, sensors, software program analytics and connectivity that ship extra actionable intelligence so you’ll be able to Proceed with Certainty. Headquartered in Virginia, AeroVironment is a world chief in clever, multi-domain robotic techniques and serves protection, authorities and business clients. For extra info, go to www.avinc.com.
SAFE HARBOR STATEMENT
Sure statements on this press launch might represent “forward-looking statements” as that time period is outlined within the Personal Securities Litigation Reform Act of 1995. These statements are made on the premise of present expectations, forecasts and assumptions that contain dangers and uncertainties, together with, however not restricted to, financial, aggressive, governmental and technological elements outdoors of our management, which will trigger our enterprise, technique or precise outcomes to vary materially from these expressed or implied. Elements that might trigger precise outcomes to vary materially from the forward-looking statements embody, however are usually not restricted to, our potential to carry out underneath present contracts and acquire extra contracts; modifications within the regulatory atmosphere; the actions of rivals; failure of the markets by which we function to develop; failure to develop into new markets; failure to develop new merchandise or combine new expertise with present merchandise; and basic financial and enterprise situations in the US and elsewhere on this planet. For an extra record and outline of such dangers and uncertainties, see the reviews we file with the Securities and Trade Fee. We don’t intend, and undertake no obligation, to replace any forward-looking statements, whether or not on account of new info, future occasions or in any other case.
