Danish Armed Forces Select AeroVironment’s Puma AE Small Unmanned Aircraft Systems

June 12, 2012
  • $9.6 million contract awarded by Danish Acquisition and Logistics Organization following competitive review
  • Follows first $2.4 million Danish Army order for Raven B systems in 2007

PARIS, at Eurosatory, June 12, 2012 -- The Danish Acquisition and Logistics Organization today announced at Eurosatory it has awarded AeroVironment (NASDAQ:AVAV) a firm fixed-price order of $9.6 million to supply the Danish Armed Forces with the company's Puma AE™ small unmanned aircraft systems (UAS). AeroVironment was selected following a competitive evaluation.

"Allied armed forces are procuring our small unmanned aircraft systems to give small tactical teams the ability to operate more effectively and safely, without requiring support from more expensive, scarcer resources," said Roy Minson, senior vice president and general manager of Unmanned Aircraft Systems at AeroVironment.

Eighteen nations outside the United States have purchased AeroVironment's Puma AE, Wasp or Raven B small UAS.

The 13-pound, battle-proven Puma AE is designed for land-based and maritime operations and is operated by AeroVironment's common Ground Control System.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information visit www.avinc.com.


Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.


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AeroVironment, Inc.
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Mark Boyer
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