NATO Support And Procurement Agency Multi-Year Contract Has $80 Million Potential Value
AeroVironment has received two firm-fixed-price orders totaling $9,804,448 from the NATO Support and Procurement Agency (NSPA). The orders, received on March 5, 2020 and April 16, 2020, encompass the procurement of Raven and Puma 3 AE tactical UAS and spares. Delivery for the first order is anticipated by August 2020 and the second order by October 2020. The orders are part of a three-year base contract received from NSPA in January 2020. The contract includes an option for two additional years oflogistics support for Raven, Wasp® and Puma tactical UAS. The total potential value of the multi-year contract is $80 million, encompassing the procurement and sus