U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System for Future Tactical Unmanned Aircraft System (FTUAS) Increment 1

• FTUAS to replace RQ-7B Shadow UAS currently fielded in selected Brigade Combat Teams
• Increment 1 entails testing and fielding JUMP 20 medium unmanned aircraft on an accelerated schedule as it competes to become the U.S. Army’s FTUAS of choice
• The JUMP 20 vertical takeoff and landing (VTOL), runway independent medium unmanned aircraft system provides intelligence, surveillance and reconnaissance (ISR) services with increased maneuverability, and improved command and control

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received an Other Transaction Agreement award by the United States Army on Aug. 18, 2022 for Increment 1 of the Future Tactical Unmanned Aircraft System (FTUAS) program. The contract encompasses the purchase, testing and delivery of one JUMP® 20 medium unmanned aircraft system (MUAS) to a selected Army Brigade Combat Team (BCT) and associated services, training and support.

“With Increment 1 of the FTUAS program, the Army will be testing and fielding the JUMP 20 on an accelerated schedule as they seek a replacement for the RQ-7B Shadow UAS currently fielded in Brigade Combat Teams,” said Gorik Hossepian, AeroVironment vice president and product line general manager for MUAS. “The combat-proven JUMP 20 is a rapidly deployable, runway independent, vertical takeoff and landing solution for the Army. Its ability to be deployed, operated and sustained from anywhere is a game-changer in theater and in situations where the enemy has invaded or destroyed infrastructure.”

The AeroVironment JUMP 20 is the first fixed-wing unmanned aircraft system capable of vertical takeoff and landing (VTOL) to be deployed extensively in support of U.S. military forces. Ideal for multi-mission operations, JUMP 20 delivers 14+ hours of endurance, a standard operational range of 115 miles (185 kilometers) and is runway independent. The system can be set up and operational in less than 60 minutes without the need for launch or recovery equipment and has a useable payload capacity of up to 30 pounds (13.6 kilograms). The JUMP 20 also features a common autopilot and ground control system architecture providing a highly customizable, modular platform that can be custom configured to meet operational or customer requirements.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft and payload based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. AeroVironment provides turnkey intelligence, surveillance and reconnaissance (ISR) and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit www.avinc.com/uas.

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers. For more information, visit www.avinc.com.

SAFE HARBOR STATEMENT

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