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AeroVironment lands more Raven orders

Oct. 13, 2015 10:54 AM ETAeroVironment, Inc. (AVAV) StockAVAVBy: Yoel Minkoff, SA News Editor2 Comments
  • AeroVironment (AVAV +0.9%) has been awarded a firm-fixed-price contract from the U.S. Army totaling $18.5M to supply initial RQ-11B Raven unmanned aircraft systems to seven allied nations.
  • The Raven, designed for applications requiring low-altitude intelligence, surveillance and reconnaissance, is currently the most widely used drone system in the world.

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