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AeroVironment Touts Air Force Orders For UAVs

Thursday, April 19, 2012 5:02:00 AM PDT | VentureDeal Staff
   Monrovia, California  --  Unmanned aircraft system provider AeroVironment (NASDAQ: AVAV) has announced a $2.4 million contract win from the U.S. Air Force.

The company will deliver its Puma AE unmanned aircraft, which weighs 13 pounds, is powered by batteries and has a two-hour flight endurance.

Previously, The United States Special Operations Command and the U.S. Army selected the Puma system, which is primarily used for surveillance.

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