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AeroVironment, Inc. (AVAV) Message Board

  • b_radford10 b_radford10 Dec 21, 2012 10:10 PM Flag

    $248 Million Army SUAS IDIQ contract awarded

    From AVAV's 2Q13 conference call on Dec. 4:

    Tim Conver: "The U.S. Army remains the largest user of small UAS. Short and long-term planning documents reflect the Army's sustained support and prioritization of these systems. In the near term, the Army plans to award new multiyear IDIQ contracts with up to $248 million ceiling value for a family of small UAS. Multiple contracts are anticipated and we are well positioned for task orders including Raven, Puma, gimbaled payloads and associated products and services. This contract will provide an important funding mechanism for continued Army acquisition of small UAS upgrades and new requirements for years to come."

    This contract has now been awarded and posted on FBO; awards # W911QY-13-D-0073 TO W911QY-13-D-0077. Interestingly, the contract will be split between "Aero Vironment, Inc., Altavian, Inc., Elbit Systems of America, LLC, Innovative Automation Technologies, LLC. And Lockheed Martian [!!!] Corporation". [as in, from Mars!!]

    Not clear how much goes to AVAV, but the documentation with the original solicitation lists 1800 Raven systems, and 330 PUMA systems as "currently fielded systems requiring spare parts"; and 750 "Medium Range" (specs indicate Raven) systems and 450 "Long Range" (specs indicate PUMA) systems to be procured over next 5 years.

    Looks like a good win for AVAV.

 
AVAV
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