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AeroVironment Awarded $2.6 Million Contract from U.S. Ally to Enhance Existing PumaTM Fleet with Puma LE Capabilities, Plus Existing Fleet Support

• Contract includes spares to support customer’s existing fleet of tactical unmanned aircraft systems (UAS) and adoption of Puma LE (Long Endurance)

• Puma LE provides Group 2 features in a Group 1 footprint, 5.5-hour endurance and

• Customer is one of more than 45 allied governments employing AeroVironment’s innovative family of tactical UAS

AeroVironment’s Puma LE tactical unmanned aircraft system is rapidly deployable and hand launchable with 5.5 hours of flight endurance and interoperable line-replaceable unit (LRU) components that can be shared with other Puma AE aircraft.

SIMI VALLEY, Calif., at vSOFIC, May 12, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced that a U.S. ally and longtime customer awarded the company a firm-fixed- price contract valued at $2,685,057 on February 20, 2020 for AeroVironment’s recently introduced PumaTM LE. The order also included spares to support the customer’s existing fleet of AeroVironment tactical UAS. The contract award period of performance is one year.

“Puma LE is the newest member of our combat-proven family of tactical unmanned aircraft systems,” said Rick Pedigo, vice president of sales and business development for AeroVironment. “Puma LE provides customers with Group 2 UAS endurance capabilities, nearly doubling the time on station of Puma 3, with cost savings and the footprint of a Group 1 unmanned aircraft.”

The AeroVironment Puma LE weighs only 22.5 pounds (10.4 kilograms), is launchable by hand or bungee and provides a dedicated secondary payload bay in addition to its Mantis i45 gimbaled EO/IR sensor. On-board batteries provide 5.5 hours of flight endurance with an operational range of 37.2 miles (60 kilometers) when used with AeroVironment’s Long-Range Tracking Antenna (LRTA). Puma LE’s economical dual- case mission pack contains everything needed to perform two complete 5.5-hour missions with a single aircraft and Ground Control System (GCS). Puma LE utilizes plug and play, interoperable line-replaceable unit (LRU) components that can be shared with other Puma AE aircraft.

AeroVironment’s family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory and its rapidly growing international customer base numbers more than 45 allied governments.

Learn more about Puma LE by attending a virtual product presentation at vSOFIC www.sofic.org/vsofic, Tuesday, May 12th at 1 PM (EST) in the AeroVironment, Industry Showcase.

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