Largest single procurement of ground & water-capable Wasp AE.

Virginia Beach, VA, USA, October 9, 2014:  On September 24th at Modern Day Marine, AeroVironment, Inc. (NASDAQ: AVAV) announced that it received a firm fixed-price order valued at $21,779,408 from ADS, Inc. on behalf of the United States Marine Corps for RQ-12 Wasp® AE small unmanned aircraft systems (UAS) and initial spares packages. The United States Marine Corps, which recently unveiled its next generation small UAS family of systems, is adding RQ-12 Wasp AE as the short-range, or micro, solution to the existing small UAS portfolio made up of the AeroVironment RQ-11B Raven® and RQ-20A Puma™ AE. The Puma AE is the USMC’s long-range solution. “Together with the professionals at ADS, whose military-experienced personnel procured this order by demonstrating a clear understanding of the customer’s mission and requirements, we are confident that Wasp AE will provide deployed Marines with valuable situational awareness that will help them operate more safely and effectively,” said Roy Minson, AeroVironment senior vice president and general manager of its Unmanned Aircraft Systems business segment.

AeroVironment's RQ-12 Wasp AE to begin filling United States Marine Corps next generation family of systems micro UAS requirement. (Photo: Business Wire)

AeroVironment received the order from ADS, Inc. on behalf of the United States Marine Corps through the Defense Logistics Agency (DLA) Tailored Logistics Support (TLS) program. Delivery is scheduled within 12 months. Previously procured by the Marine Corps and the U.S. Air Force, the Wasp AE weighs 2.8 pounds, operates for up to 50 minutes at a range of up to five kilometers and delivers live, streaming color and infrared video from its pan-tilt-zoom Mantis i22 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.  To learn more about AeroVironment and the full press release- please click here.

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About AeroVironment. AeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions.  The company’s electric-powered, hand-launched unmanned aircraft systems provide powerful actionable information to military, public safety and commercial personnel around the world through real-time, airborne imaging, sensing and communication.  Multiple government agencies helped to fund the development and demonstration of Global Observer®, a hybrid-electric, stratospheric UAS designed to provide affordable, persistent reconnaissance and communication over any location on the globe.  Switchblade® is a tactical missile system designed to provide a rapid, lethal, pinpoint precision strike capability with minimal collateral damage.  AeroVironment’s electric transportation solutions include a comprehensive suite of electric vehicle (EV) charging systems, installation and network services for consumers, automakers, utilities and government agencies, power cycling and test systems for EV developers and industrial electric vehicle charging systems for commercial fleets.  More information about AeroVironment is available at www.avinc.com.

About ADS, Inc. ADS, Inc. is a leading solutions provider proudly serving all branches of the U.S. Military, federal, state, and local government organizations, law enforcement, first responders, foreign governments, and the defense industry. ADS is focused on solving customer’s challenges through the largest product and service selection, the broadest array of procurement and contract options, world-class support and logistics solutions, and legendary customer service. ADS provides a single source solution that helps customers meet their mission requirements as cost-effectively as possible, reduce their cost of readiness, and enhance their acquisition strategy. ADS equipment and support solutions include C4ISR, Combat Support, Medical, Operational Clothing and Individual Equipment (OCIE), Weapons, and Optics as well as Special Missions such as CWMD, EOD, First Responders, and Maritime. http://adsinc.com- Our Purpose. Your Mission.