AeroVironment Inks $45.8M Contract With US Army

Monrovia, California-based AeroVironment, a firm which develops unmanned aircraft systems, said Thursday that the firm has been selected for a $45.8M contract. The firm said that the U.S. Army has ordered additional RQ-11B Raven UAVs and services from the firm. The orders came as part of an extension of an existing contract. AeroVironment's Raven is a 4.2 pound unmanned aircraft system used for reconnaissance, surveillance, and target acquisition.