March 12, 2012      

AeroVironment, Inc. (NASDAQ: AVAV) announced that it has received a new $11,095,872 cost-plus-fixed-fee sole source contract award on March 1, 2012 from the United States Army. The order comprises Army, Marine Corps and Foreign Military Sales contractor logistics support for Raven systems. The logistics support services are scheduled to be delivered through Feb. 28, 2013. The RQ-11B Raven unmanned aircraft system comprises a 4.2-pound, backpackable, hand-launched sensor platform that provides d...

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