Australian Defence Force Selects AeroVironment Wasp® AE for AUD $101 Million Small Unmanned Aircraft Systems Program

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the selection of the company’s Wasp AE small unmanned aircraft system by the Australian Defence Force (ADF).  The ADF Indefinite Delivery/Indefinite Quantity (ID/IQ) contract calls for the delivery of Wasp AE systems over a three-year period, as well as training and logistics support for up to ten years, for a total AeroVironment contract value of up to USD $36.5 million.

Source: https://www.suasnews.com/2017/06/australian-defence-force-selects-aerovironment-wasp-ae-aud-101-million-small-unmanned-aircraft-systems-program/