$80 Million Potential Contract for AeroVironment

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

Source: ASD News

Article Headlines

  • AeroVironment announced its receipt of two firm-fixed-price orders totaling $9,804,448 from the NATO Support and Procurement Agency (NSPA)
  • The orders, received on March 5, 2020 and April 16, 2020, encompass the procurement of Raven and Puma 3 AE tactical UAS and spares
  • Delivery for the first order is anticipated by August 2020 and the second order by October 2020
  • The orders are part of a three-year base contract received from NSPA in January 2020. The contract includes an option for two additional years of logistics support for Raven, Wasp and Puma tactical UAS
  • The total potential value of the multi-year contract is $80 million, encompassing the procurement and sustainment of AeroVironment tactical unmanned aircraft systems employed by the defense forces of several NATO countries

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