Latest news with #JUMP®20
Business Wire
21-04-2025
- Business
- Business Wire
AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering services, initial sustainment and onsite technical support – ensuring rapid fielding and operational readiness from day one. 'This contract builds on our history of supporting NATO allies with world-class uncrewed systems that reflects our unwavering commitment to innovation and mission success reinforcing our reputation as a trusted partner our customers can rely on.' Share JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations. The selection follows a rigorous and highly competitive procurement process, where JUMP 20 distinguished itself for its ability to meet the Italian MOD's stringent technical and operational requirements while replacing their existing Shadow UAS fleet with a modern, adaptable solution. 'We are honored to strengthen our partnership with the Italian Ministry of Defence through the delivery of the JUMP 20, a system that enhances their operational capabilities,' said Shane Hastings, AV's vice president and general manager of Medium UAS. 'This contract builds on our history of supporting NATO allies with world-class uncrewed systems that reflects our unwavering commitment to innovation and mission success reinforcing our reputation as a trusted partner our customers can rely on.' The JUMP 20 delivers advanced intelligence, surveillance, and reconnaissance (ISR) capabilities with multi-payload flexibility and seamless interoperability across current and future systems. Built on a Modular Open Systems Approach (MOSA), the platform enables rapid integration, easy upgrades, and unmatched adaptability to support a wide range of evolving mission demands. ABOUT AEROVIRONMENT AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. For more information, visit SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
10-02-2025
- Business
- Yahoo
AV's JUMP 20 Selected by Danish Defence Acquisition and Logistics Organisation for Tactical UAS Program of Record
ARLINGTON, Va., February 10, 2025--(BUSINESS WIRE)--AeroVironment (AV), through its wholly owned subsidiary Arcturus UAV, has been awarded a contract by the Danish Defence Acquisition and Logistics Organisation (DALO) with a contract ceiling value of $181 million to deliver the JUMP® 20 medium uncrewed aircraft system (UAS) to the Danish Armed Forces. This 10-year program of record will equip the Danish Army with JUMP 20 systems to enhance intelligence, surveillance, and reconnaissance (ISR) operations, reinforcing AV's position as a global leader in advanced autonomous solutions. JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 13+ hours of endurance and an operational range of 185 km (115 mi). Runway independent, the system is easily storable and transportable, and can autonomously launch and land at speed without personnel intervention, making it ideal for on-the-move operations. "JUMP 20 sets the standard for simplicity, modularity, and durability—critical attributes for reliable performance in the demanding Scandinavian terrain," said Shane Hastings, AV's vice president and general manager for Medium UAS. "With a combat-proven track record and over 300,000 operational flight hours, JUMP 20 stands as a best-in-class UAS, equipping the Danish Armed Forces with unmatched multi-mission capabilities to operate effectively in complex and austere environments." With a 30-pound modular payload capacity, JUMP 20 is engineered to adapt to evolving CONOPS and multi-domain mission demands. Its modular design enables the Danish Armed Forces to seamlessly integrate emerging technologies, ensuring their UAS capabilities remain at the cutting edge. As AV continues to advance its portfolio of robust and diverse autonomy solutions, JUMP 20 is perfectly positioned to scale, incorporating future hardware and software enhancements to meet the dynamic needs of modern warfare. "This significant contract win reinforces confidence in the JUMP 20 system and underscores AV's commitment to delivering unmatched capability, reliability, and innovation to our customers," said Hastings. "We have a longstanding relationship with the Danish Ministry of Defence, and we're excited to build on that foundation—collaborating with the Danish Armed Forces to enhance their UAS capabilities for years to come." ABOUT AEROVIRONMENT AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. For more information, visit SAFE HARBOR STATEMENT Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise. View source version on Contacts MEDIA CONTACT René BardorfAeroVironment+1.703.418.2828pr@
