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AeroVironment Inc Secures $2.3 Million DARPA Concept Definition Contract For TERN Medium Altitude Long Endurance Unmanned Aircraft System Program

Monday, 4 Nov 2013 09:10am EST 

AeroVironment, Inc announced that it has been selected by the Defense Advanced Research Projects Agency (DARPA) to provide its unmanned aircraft systems (UAS) toward the development of a new category of this technology. AeroVironment will work as the prime contractor with DARPA on the Tactically Exploited Reconnaissance Node (TERN) Program to develop a medium-altitude, long-endurance (MALE) UAS designed to operate from small ships to provide persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. Sierra Nevada Corporation will subcontract to AeroVironment on the project, which is valued at $2.3 million. 

Company Quote

-0.57 -1.72%
25 Jul 2014