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0 0 0.0025978524419813 0.00439418081053013 6.85833044684171E-05 -0.00138552130238995 -0.0129199861447868 -0.0117492206442674
Stock impact report

AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System [Yahoo! Finance]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Yahoo! Finance
it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering services, initial sustainment and onsite technical support – ensuring rapid fielding and operational readiness from day one. JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations. The selection follows a rigorous and highly competitive procurement process, where JUMP 20 distinguished itself for its ability to meet the Italian MOD's stringent technical and operational requirements wh Show less Read more
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