AeroVironment (AVAV) announced its selection by the United States Navy to provide Contractor-Owned, Contractor-Operated Intelligence, Surveillance and Reconnaissance services in support of critical naval operations. Under the Navy’s recently announced initiative to expand and modernize ISR capabilities, AV will compete for delivery orders alongside other selected industry partners to deliver turnkey persistent ISR support-with autonomous platforms, multi-sensor integration, and intelligence expertise. AV’s JUMP 20-X Group 3 vertical take-off and landing uncrewed aircraft system will equip the Navy with expanded ISR capabilities tailored to support diverse land and maritime missions.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVAV:
- AeroVironment selected to deliver intelligence/surveillance services to US Navy
- AeroVironment management to meet with William Blair
- AeroVironment announces release of LOCUST X3
- Midday Fly By: Musk to start Terafab project, Elliott takes stake in Synopsys
- Super Micro downgraded, MongoDB upgraded: Wall Street’s top analyst calls